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Declaration of Independence

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A New Declaration of Independence

Here’s where we are in the course of human events right now: 14 million Americans are jobless and millions more are underemployed. Those still working have seen wages fall after 30 years of stagnation. The 1 Percent of top wage earners could buy and sell the rest of us without so much as a low balance warning on their checking account apps. The tenth-of-1 Percent earns millions more every year in barely taxed capital gains and derivatives while everyone else struggles to pay down trillions of dollars of debt. Massive, growing income inequality is now belatedly acknowledged by political and media elites, but many of them seem befuddled as to its cause and importance.