the corporate media does not talk about it too much, and we do not discuss it terribly much here in the Congress, but the United States of America is rapidly on its way to becoming three separate nations: An increasingly wealthy elite, a small number of people who have incredible wealth and incredible power; a middle class, the vast majority of our people, which is shrinking, where the average person is working longer hours for lower wages; and, at the bottom we have a growing number of Americans who are living in abject poverty, barely keeping their heads above water. Mr. Speaker, there has always been a wealthy elite in this country, that is not new, and there has always been a gap between the rich and the poor. But the disparities in wealth and income that currently exist in this country have not been seen since the 1920s. In other words, instead of becoming a more egalitarian country, with a stronger middle-class, we are becoming a Nation in which the rich have more wealth and power, the middle-class is shrinking, and poverty is growing.
Editor's note · Context
Discussing income inequality and the growing wealth gap in the United States.
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