Europe is the land of generous social programs with not as much inequality as in the U.S., right?
If the European Union (EU) is taken as a single country, economic data show that the EU and the U.S. have similar levels of inequality.
To develop a strong economic recovery and avoid another decade of stagnant income, we need a more equal distribution of income that would promote the strong consumption spending required for full employment.
What I hear Occupy Wall Street saying is "We will follow the rules. But let's make the rules fair." The system is rigged. It wasn't designed to be rigged but has bit-by-bit, step-by-step, become rigged.