Gap Between the Rich and the Poor We Are the 99 Percent

Economic collapse and corporate greed has resulted in protests and rallies in New York. The top 1% who hold all the wealth used their power to cause the great depression and leave the 99 percent without jobs.

The goals of the Adbusters, protest organization is to challenge the current political Presidential Commission to give power back to the left wing. Corporations are NOT people and should not be able to control all the money in the U. S. government.

Corruption of the Government Leads to Protests across the Globe

Is this a step towards ending government corruption and the influence of big business ? some seem to think it is a step in the right direction, while others are skeptical of the wealthiest 1% who make decisions on the U.S. laws and policies.

Occupy wall street participants want to inspire change to the US constitutional convention because of the obvious fact that Money Corrupts Congress.

Democrates have felt that for a long time both political parties during the election have allowed greed to influence the candidates decisions.

What do the liberals support?

Many liberals supports public campaign financing and electoral college reform to establish the one person, one vote principle.

It has been noted that most liberals support such fundamental ideas as constitutionalism, liberal democracy, free and fair elections, human rights, capitalism, free trade, and the freedom of religion.

The Social web and politics

The unequal distribution of wealth in the United States has caused many by standers to create increasing participatory online discussion forums that allow the general public to submit and vote for specific agenda items.

This is what can be seen with occupywallst.org that does not have a actionable agenda and it could be this lack of cohesion and its need for pantomime progressivism that will create a divide between groups who want to see structured leadership.

Whose job is it to draft legislation?

If it is set aside for the nation’s leaders, then how will the need for marches and rallies contribute to the cause to uplift the people, I would say that the public airing of grievances is not enough.

The Global Revolution is Here

The new global revolution in a leaderless movement of protesters leading to fragmentation of different agendas run by the Internet generation, with egalitarian ways are being compared to the tea party.

What is causing the middle class to disappear?

What is causing the middle class to disappear sociologists Katherine Newman and Victor Tan Chen discuss this in the book The Missing Class: Portraits of the Near Poor In America.

There are 57 million in the missing class who are making 20,000 to 40,000 a year and bearly able to afford health insurance.

Economist Paul Krugman writes a book called The Conscience of a Libral. Krugman sees us entering a new gilded age and going against the accepted thinking, due to the rise of movement conservatives.

He suggests raising funds in order to supply the working class with education, healthcare and public sector jobs that improve infrastructure.

So if you have always wanted to know why the rich are getting richer and the rest of us are falling behind?

Well read the books noted and maybe you will have a clearer understanding of at least what factors are involved.

What causes the Income Gap?

Recent books that address aspects of the income gap are Jacob Hackers book entitled The Great Risk Shift: The Assault On American Jobs, Families, Health care and Retirement and How You Can Fight Back, he talks about extreme wealth earners and what they use the money for and how politics, psychology and economic theory play a part in the great divide.

Robert Franks discusses in Richistan: A Journey Through The American Wealth Boom And The Lives Of The New Rich that the super wealthy have created their own country. The number of millionaires in the U.S. has tripled between 1995 and 2004. Those worth over 25 million has doubled. Forbes Magazine records a list of 400 Billionaires.

Robert Franks turns his attention on the Upper Richistan those worth over 100 million and the exclusive billionaireville which number over 1,000.

An Economist at Cornell University talks about how wealth is created in his book Falling Behind: How Rising Inequality Hurts the Middle Class, he states that the concentration of wealth at the top makes life more expensive for those in the middle.

A behavioral phenomena called expenditure cascades has us competing to buy better houses in better neighborhoods, better equipped cars and even bigger barbecue grills.

This places economics in a psychological context, exploring happiness and envy as well as the role of real-situation context in our drive to consume.

Rich Dad vs. Poor Dad

The Internal Revenue Service the largest collector of personal economic data in the nation said that the gap between the richest Americans and everyone else continues to grow.

A IRS report finds the wealthiest 1% of Americans made 21.2% of all income.

Some of the reason for this is that loss of manufacturing jobs, declining strength of unions, little gain in minimum wage, immigration of low-skilled workers, the inability of workers to re-educate and retool for the technology sector.

With the economy's rising oil prices, expanding mortgage defaults, credit crisis, the national debt, the falling value of the dollar leaves millions behind and the gap widens even more.