Rewards in the American economy do not come from effort or from deserving them. Money begets money, now more than it has at any time since the 1920s. Our aristocracy is just as entrenched as that of Europe in the 19th century, except that ours doesn't give itself the titles of nobility. Instead, they call themselves job creators even though most of them aren't. They call themselves entrepreneurs, even though most of them aren't. They call themselves capitalists, even though most of them are oligopolists instead.
But they have enough spare cash to buy media and politicians. The propagandist and Republican lies are incredible to anyone with a working bullshit detector - unfortunately, not nearly enough Americans to make a reliable majority.
Friday: Personal Income & Outlays
7 hours ago
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