In our quest to better understand how our economy actually works, although frankly, corruption and greed seem to be the common denominators, The Nation has a series of videos on its website that truly are worth watching. If you have the stomach, that is. The series is called Meltdown 101 and it isn't anything we learned in college in the classroom. It sounds more like what we heard during the strikes, when classes were held outside on commons and the talk was far more radical.
Also included are a variety of articles that have appeared in The Nation, some of which are very informative. Ending Plutocracy is one of my favorites.
"In Eisenhower's America income over $400,000--the equivalent of less than $3 million today--faced a top marginal tax rate of 91 percent. Our current top rate: 35 percent."
Think about that for a moment!
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