On the recordJuly 30, 2024
Mr. President, when I turn on the TV or read the papers, I read a lot about politics, and I read about this candidate attacking that candidate and the other candidate attacking another candidate, and on and on it goes. But somehow or another, as a nation, here in Congress and on the campaign trail and in the corporate media, we, as a nation, have a habit of forgetting to talk about some of the most important issues that affect ordinary Americans. We talk about a lot of stuff, but, somehow, we will neglect to talk about the most important issues facing our country. And at the top of my list is the reality that in America we are rapidly becoming an oligarchic form of society. What does that mean? It means that today we have more income and wealth inequality than at any time in the history of the United States of America. It means that there are three people--one, two, three multibillionaires--who own more wealth than the bottom half of American society. Three people here, 160 million people there--that sounds like an issue we might want to be talking about. We might just want to be asking about how well the economy is doing for ordinary people as opposed to the people on top. And when we ask that question, the answer is pretty clear. The top 1 percent have never, ever in American history had it so good. They are making money head over heels.…





