TOM THE DANCING BUG: U.S. Income Inequality in Six Panels, featuring Lucky Ducky

Tom the Dancing Bug, IN WHICH Hollingsworth Hound climbs the Income Share charts while Lucky Ducky and friend sink below the x-axis.

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Notable Replies

  1. Opens Window

    "I'M AS MAD AS HELL AND...."

    sees this:

    -slowly closes window

  2. Margaret Thatcher was a deluded nimrod if she didn't understand how gross income inequality is harmful to a democratic society, especially in an era when unlimited campaign contributions are a legally protected form of "free speech." Money isn't just a means of living in luxury, it's a measure of one's power to shape the world around them.

    Imagine, if you will, a scenario in which the bottom 42% of all Americans banded together to raise money for a common cause—only to be outspent by a single ultra-rich family. Does that sound like a "free, democratic society" to you?

  3. Hi newbie!

    Is someone paying you to visit popular blogs and post Neoconservative crap like that? I'm wondering what kind of money people who get paid to do that make.

  4. OK, a couple of obvious flaws in that logic:

    1. Wealth and income are not strongly correlated to "effort." Some of the wealthiest people in the country never even had to hold down a job, some of the hardest-working folks out there are dirt poor.
    2. If the vast majority of wealth (and thus, power) is concentrated in a tiny handful of people, that does diminish everyone else's ability to control their own destinies. At some point, inequality just turns into plutocracy.

    Would you be OK with the idea of a world where most of the resources were controlled by less than 100 ultra-wealthy individuals? Less than 10? What about if one really powerful guy owned as much as everyone else put together?

  5. My guess is not enough. They should unionize.

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