"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Authority Breeds Inequality
"In a recent Christian Science Monitor op-ed (“Inequality dragon rears its head. Again.” August 26), Jared Bernstein cites “new GDP data suggest[ing] that inequality is on the rise again.” Bernstein points out that “[c]orporate profits as a share of GDP has surpassed its prerecession high while compensation has shrunk,” evidence of “two very different economies” existing alongside one another in the United States."
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