In the new documentary "Inequality for all" featuring Robert Reich, we find out that the average Joe income goes from $48,000 in 1978 to $33,000 in 2010, while the top 1% go from $393,000 to $1,100,000. The 8.15 to 1 inequality spread goes to 32.6 to 1. That's right, it quadruples in 32 years. The British book "Spirit Level" shows how this contributes to obesity, mental illness, murder, teen births, prisoners, and lack of social mobility among the 22 rich nations. This is the decay of empire, folks, as correlations with long term military spending levels among nations are even stronger. The new feudalism, with lords and serfs.
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