Newt Gingrich Attacks Occupy Wall Street
GOP presidential frontrunner Newt Gingrich recently glorified the often-racist corporate run Tea Party and the slammed Occupy Wall Street movement at a campaign stop in Jacksonville, Florida. Gingrich, who is the top 1 percent of income earners, claimed there was no income inequality in America: “There is no such thing in America as the 99 percent.”
Since 1979, the gaps in after-tax income between the richest 1 percent of Americans and the middle and poorest fifths of the county more than tripled. While vital social services and public investments that help the middle class are being gutted, a tax code that gives the wealthy preferential treatment s solidifying this gap and only further hampering economic growth.