Economic Policy Institute: Another Record Year for the Rich

[PhillySane]

Should anyone doubt that the Great Recession, and not letting tax-cuts expire for the wealthy is purely BS, check out these numbers:

http://money.cnn.com/2010/12/23/pf/rich_wealth_gap/index.htm?hpt=T2

The wealthiest 1%'s net worth is now 225 times greater than that of the average american household. Up from the previous record of 190 times in 2004.
Too bad we didn't have these numbers two weeks ago when Obama signed the Bush extension. When will this argument ever get across to the American people? Can they honestly believe that the newly elected congress will actually make things better for them? Or are we all simply being held hostage by that 1%? Can the Democrats hammer away on figures like this, get the word out, the point across, that its not wealthy people who are suffering, that the only way to make up the difference here is to funnel some of that wealth back into society?

[RKP5637]

1. Americans are world famous for having their heads stuck in the sand all of the time and

being clueless about what's going on even when the truth is evident. And now the 7x24 hour MSM propaganda machines are united often singing the same tune. My bet is in two years the tax cuts for the wealthy will be extended again or made permanent. Americans are gullible and will believe what is doled out to them by both parties.