Sunday, February 3, 2013

Inequality for All

Obama called inequality the 'defining issue of our time' and in his inaugural address took up this theme for his second term.  Over the past tewenty years, differences in in income have widening dramatically between the rich and the middle class. In his film Inequality for all, Robert Reich, the former Labor secretary under Clinton argues that there is no trickle down effect as the rich cannot spend enough to offset the loss of demand by the middle class.

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