One important economic indicator has always been the distribution of wealth. The only time income inequality between the middle class and the wealthiest 1 percent of Americans has been as large as it is now was in 1928, just before the 1929 market crash that ushered in the Great Depression.
This is an ominous warning to all Americans who want a democracy established by and for the people. This is about America’s socio-economic sustainability.
Income inequality is tied to taxation, labor, trade, macroeconomics, education and financial regulation. It is a complicated problem with a common denominator. Corporations hire armies of lawyers to gerrymander the system in their favor.
The Supreme Court ruling in the Citizens United v. Federal Election Commission allows corporations to claim all the constitutional rights of people, including funneling unlimited amounts of money — described in previous rulings as free speech — to politicians, who then support legislation benefitting their contributors.
These two efforts threaten our economic future and our democracy. A strong and sustainable economy is dependent on a growing and thriving middle class, and a strong democratic government is dependent upon the power of the people to govern themselves.
The good news is that it can be fixed. If you are tired of working hard and gaining less, if you are a loyal American who wants to save our democracy, then go to www.movetoamend.org and learn what you can do to stand up and tell corporations they are not people and money is not speech.