An Encinitas version, called Occupy North County, is scheduled to begin at 1 p.m. Saturday at Encinitas Boulevard and Coast Highway 101. For more information on that event, go to Facebook.com and search for Occupy North County.
The overall movement’s slogan is “We are the 99,” as a reference to the discrepancy of wealth between the top 1 percent of wage earners in the country compared to the rest. The demonstrators are demanding financial reform that deals with rising student loan debt, high unemployment, and tax rates.
…Pssss. Careful sdrealtor…They are coming to get you…..Better not break out the bubblies and sip them fine bottles of wine on the rooftop while you watch the protesters…Otherwise they might paint you as a target….
I have a better question. How is THIS not considered class warfare?
“Here are some dramatic facts that sum up how the wealth distribution became even more concentrated between 1983 and 2004, in good part due to the tax cuts for the wealthy and the defeat of labor unions: Of all the new financial wealth created by the American economy in that 21-year-period, fully 42% of it went to the top 1%. A whopping 94% went to the top 20%, which of course means that the bottom 80% received only 6% of all the new financial wealth generated in the United States during the ’80s, ’90s, and early 2000s (Wolff, 2007).
You just quoted a SOCIOLOGY professor from UCSC.[/quote]
And…?
There are all kinds of sources out there that show these same trends. What exactly are you trying to insiunate? That the middle and working classes have done as well as the top 1-5% in the past ~30 years? Show me a single piece of evidence that proves that assertion (if that’s what you’re trying to assert).
