Good Day World!
Try having a conversation with a stranger. Ask them what they think of the current issues facing the Supreme Court. Don’t be surprised if they eye you suspiciously and ask if you’re a Democrat or Republican?
Chances are, they have no idea of what’s really going on with the Supreme Court, or other important issues facing Congress beyond a blind obeisance to the political brand they follow.
The following article will leave you wondering how this country is ever going to get beyond partisanship and get back to solving real world problems and stop playing stupid games. There was a time when it happened you know. Not so long ago.
If you think the widening chasm between the rich and the rest spells trouble for American democracy, have a look at the growing gulf between the information-rich and-poor.
Earlier this year, a Harvard economist’s jaw-dropping study of American’s beliefs about the distribution of American wealth became a viral video. Now a new Pew study of the distribution of American news consumption is just as flabbergasting.
According to the Harvard study, most people believe that the top 20 percent of the country owns about half the nation’s wealth, and that the lower 60 percent combined, including the 20 percent in the middle, have only about 20 percent of the wealth.
A whopping 92 percent of Americans think this is out of whack; in the ideal distribution, they said, the lower 60 percent would have about half of the wealth, with the middle 20 percent of the people owning 20 percent of the wealth.
What’s astonishing about this is how wrong Americans are about reality. In fact, the bottom 80 percent owns only 7 percent of the nation’s wealth, and the top 1 percent hold more of the country’s wealth – 40 percent – than 9 out of 10 people think the top 20 percent should have.
The top 10 percent of earners take home half the income of the country; in 2012, the top 1 percent earned more than a fifth of U.S. income – the highest share since the government began collecting the data a century ago.
But America’s information inequality is at least as shocking as its economic inequality. Read the whole story here
Time for me to walk on down the road…