Consider: in 1928 the richest 1 percent of Americans received 23.9 percent of the nation's total income. After that, the share going to the richest 1 percent steadily declined. New Deal reforms, followed by World War II, the GI Bill and the Great Society expanded the circle of prosperity. By the late 1970s the top 1 percent raked in only 8 to 9 percent of America's total annual income. But after that, inequality began to widen again, and income reconcentrated at the top. By 2007 the richest 1 percent were back to where they were in 1928—with 23.5 percent of the total.
-- Robert Reich in Unjust Spoils, The Nation, July 19, 2010
In a nation where revenue-strapped county governments are now grinding up paved roads and spreading gravel in the place of asphalt because they can no longer afford maintenance, and states like California are pondering the deep-sixing of adult education programs even though the less-educated populace suffers most from both chronic and acute economic problems, it's not impolite to tell the undiluted truth.
And the truth is that, despite sweetheart settlements with the likes of Goldman-Sachs, the United States is plagued by corporadoes whose premises should be surrounded, Michael Moore-style, with yellow police tape for class war-crimes.
Unfortunately, it's impolitic to tell the truth of class warfare when Glenn Beck draws blackboard arrows to prove Democrats are National Socialists and other hate-ragers spread the meme of ObaMao, the black-red-and-yellow peril wrapped up in a single soundbite. Intone the words "ruling class," and you're automatically a commie.
The most unfortunate consequence of the sinking of John Edwards's political career is that his powerful narrative about "Two Americas" got submerged along with it. In fact, just as the now nearly abandoned phrase "third world" didn't account for grimmer conditions in a fourth and even fifth world of impoverished nations, "Two Americas" also doesn't quite cover the reality of the economic inequality that has been worsening in the United States. The terminology nonetheless resonated. If only it could be revived without the taint of being connected to you-know-who.
But never mind. Skip the soundbites. The discussion, a nuanced, long-term, no-nonsense, deeply imagined, unclichéd, vision-driven discussion, is what matters now. Turning what emerges from this conversation into campaign themes comes later.
On that score, The Nation's recent six-author collection on inequality in America provides a good beginning - only a beginning - for a comprehensive debate to and fro about inequality, and, most importantly, what to do about it. Happily, Garrett, a seven-year veteran at Daily Kos, has used the Reich piece to kick off a series on inequality on Thursday evenings. If only we could accompany that with a weekly broadcast-and-streaming roundtable on MSNBC and NBC. Rachel Maddow could moderate, poke and provoke these authors and others with her trademarked brilliance. Then the impact of inequality might begin to make some inroads in the public consciousness. A pipe-dream, I know.
For now, the echo-chamber will have to do. To begin, look at a few visuals from the report of the Center for Budget and Policy Priorities, Income Gaps Between Very Rich And Everyone Else More Than Tripled In Last Three Decades, New Data Show [pdf]: