1115.org

In case you missed this last week, Paul Krugman broke out of his 800 word-per-column cage and wrote in Rolling Stone about a subject near and dear to 1115, wealth inequality:

In the end, the effects of our growing economic inequality go far beyond dollars and cents. This, ultimately, is the most pressing question we face as a society today: Will the United States go down the path that Latin America followed — one that leads to ever-growing disparity in political power as well as in income? The United States doesn’t have Third World levels of economic inequality — yet. But it is not hard to foresee, in the current state of our political and economic scene, the outline of a transformation into a permanently unequal society — one that locks in and perpetuates the drastic economic polarization that is already dangerously far advanced.

Krugman, an economist, explains all of this in plain english, something our elected representatives, men and women of the people, just can’t do.

The Center on Budget and Policy Priorities has more information about just who profits from The Great Wealth Transfer.