Why Americans are Taking to the Streets…in Charts
enlarge Credit: Business Insider Top percent own 42 percent of Wealth in America. Business Insider uses a multitude of charts to explain where the anger from the Occupy Wall Street protesters come from. CHARTS: Here’s What The Wall Street Protesters Are So Angry About… So, what are the protesters so upset about, really? Do they have legitimate gripes? To answer the latter question first, yes, they have very legitimate gripes. And if America cannot figure out a way to address these gripes, the country will likely become increasingly “de-stabilized,” as sociologists might say. And in that scenario, the current protests will likely be only the beginning. The problem in a nutshell is this: Inequality in this country has hit a level that has been seen only once in the nation’s history, and unemployment has reached a level that has been seen only once since the Great Depression. And, at the same time, corporate profits are at a record high… read on Make sure to click through and check out all the graphs and charts. (h/t Atrios )
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Why Americans are Taking to the Streets…in Charts
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on October 14, 2011. Filed under