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Inequality For All

Robert Reich, former Secretary of Labor under the Clinton administration, has a new movie coming out September 27, 2013: Inequality For All

Coincidentally, yesterday Forbes came out with it’s list of the Top 400 Richest People in American. Among the to ten are: Bill Gates, Warren Buffett, Larry Ellison, the Koch brothers Charles and David, the Walton family (including Christy, Jim, Alice and Rob), and Michael Bloomberg. “Buoyed by public markets, the average net worth of America’s 400 richest rose $800 million to a record $5 billion!”

Simply put, the very rich have gotten richer in recovery from the latest recession and middle class families are working harder than ever and getting nowhere.

Reich recommends the following actions to correct this situation:

  1. Raise the Minimum Wage – Help turn the jobs we have into ones that will boost the economy, not bust it. Ensure full-time jobs have wages and benefits for people to afford basics.
  2. Strengthen Workers’ Voices Don’t let big employers take away the fundamental right of people to stick together to speak up for themselves at work; public policy should support workers who choose to form a union.
  3. Invest in Education – Ensure everyone has access to a great education spanning from early childhood to post-secondary.
  4. Reform Wall Street – Ensure the financial sector is working honestly and accountably to prevent it from taking over our economy.
  5. Fix the Tax System – Ensure everyone is contributing their fair share; reverse the “great tax shift” – tax policies that shifted taxes from rich individuals and corporations to the rest of us.
  6. Get Money out of Politics – Overturn Citizens United so that corporations can’t spend unlimited amounts of money on campaigns, and in return affect public policy and spending priorities.

Speaking of anniversaries, five years ago Lehman Brothers collapsed and this is also the second anniversary of the Occupy Wall Street movement.

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