Re: unexpected obstacles

[John Barrer <forcejb@YAHOO.COM>]

--- John Clement <clement@HAL-PC.ORG> wrote:

> Absolutely, it is a political problem, but it is
> also a social problem.
> There is ample evidence that we are living a new
> gilded age.  In the 50s
> there was social pressure that mandated low CEO
> wages compared to the middle
> class.  There was a feeling that we should have an
> egalitarian society.
> This social contract has broken down and the
> difference between the top
> wages and the middle wages is now more typical of
> the 1890s.  (snip)

An excellent book related to this subject is "Wealth
and Democracy" by Kevin Phillips. KP worked for Nixon
in the late 60s and is hardly a lefty. (But today RMN
would be decidedly left of center!) Lots of discussion
and data about how the bottom 20% has lost ground (in
the past 20 years), the middle has stagnated, and the
top 1% has done fabulously, based on both wealth and
income. Historical parallels both with earlier US
history as well as England and Holland.  John Barrere

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