At what point will the growing economic inequality of the USA will create a political movement?
Labor Department data shows the U.S. Gini Coefficient is rising. If the current trend continues, then the American income gap will resemble that of Mexico ...
I do believe that we are already at the point. The less fortunate are seeking more and more assistance from governmental agencies. The fortunate are seeking more and more ways to avoid paying for excessive taxes.
You need money or enough money to have where withall at least be able to create a for-mail " pun intended " political movement.
Looking at the chart - the 1930's Great Depression was a result of the Stock Market Crash is similair to the rampant oil speculation of today.
Occupy Wall Street may just be the beginning of such a political movement. They will need to be organized and motivated to succeed. Somehow I don't think that will happen. They are the product of too much government.
Although you asked your question 5 months ago it has appeared again today. The simple answer is now people are at the tipping point now where many have more costs than they do income. We are called the 99% and we are occupying various financial centres around the world peacefully. If you want to read further then check out my most recent hubs. Hope this helps Josh.
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