Yesterday's NY Times column by Anna Bernasek examined the economic costs of the growing income gap in the U.S. The article found that “more than 40 percent of total income is going to the wealthiest 10 percent, their biggest share of the nation's pie in at least 65 years.â€
The economic costs of this disparity discussed by Bernasek included poorer overall population health, reduction of workforce productivity and efficiency, and increased corruption as a result of the exchange of wealth and political power.
Most Democrats agree that the trend of growing income inequity in our country must be reversed. However, with $25 million in campaign contributions from people like Rupert Murdoch and companies like Wal-Mart, one must wonder where our Junior Senator's interests actually lie.