Fat cats bringing us down with them
by J Scott Christianson, Columbia Daily Tribune Columnist
If you ever needed evidence that there are “two Americas” in our country, last week was it: One America that makes its income from investments and another America that makes its income from work.
Only now are most of us starting to understand the realities of our new economy. The demise of manufacturing and the rise of financial services have created a situation where increasingly more money is made by owning other people’s work and owning other people’s debt. The creed of the Michael…