Courtesy of Pam Martens.
Utilization of America’s Production Capacity Has Been on a Steady Decline
By Pam Martens and Russ Martens: November 18, 2015
Thanks to the Occupy Wall Street movement and more recent cross-country stumping by Senator Bernie Sanders, millions of Americans have awakened to the frightening reality that corrupted power in America is now fully engaged in running an institutionalized wealth transfer system cleverly masquerading as an economic model. As Senator Sanders has reminded the tens of thousands turning out to hear him speak:
The U.S. has the greatest income and wealth inequality of any other major developed country;
One percent of the population now controls a greater share of pre-tax income than at any time since the 1920s, (the last time Wall Street was legally allowed to gamble for the house with bank deposits);
The top one-tenth of one percent of the super elite own almost as much wealth as the bottom 90 percent;
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