Friday, August 19, 2011

Class Warfare?

I was watching the Daily Show last night, like I do. And this little magical thing happened:

Part 1:
The Daily Show With Jon StewartMon - Thurs 11p / 10c
World of Class Warfare - Warren Buffett vs. Wealthy Conservatives
www.thedailyshow.com
Daily Show Full EpisodesPolitical Humor & Satire BlogThe Daily Show on Facebook

Part 2:

The Daily Show With Jon StewartMon - Thurs 11p / 10c
World of Class Warfare - The Poor's Free Ride Is Over
www.thedailyshow.com
Daily Show Full EpisodesPolitical Humor & Satire BlogThe Daily Show on Facebook

This basically sums up all of my problems with the "Modern American" economic model; tax-cuts for the wealthiest individuals that leave the bottom 51% of the population to shoulder the burden. That income inequality chart really gets to me every time I see it. This site has some pretty cool infographics explaining the state of US incomes.


And then take a look at the actual distribution of wealth and American citizen's perception of that distribution:


92% of the 5000 polled said they would prefer the more equitable distribution. You notice the rich people still have more money than everyone else in that option. It's just not so much that it excludes the bottom 50% from having a piece of the pie.

Also here is the Warren Buffet Op-Ed that started it all: Stop Coddling the Super-Rich