Rising Income Inequality Is Direct Result Of Campaign Finance Cases [Forbes]
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Source: Forbes
Rulings on campaign finance cases by the U.S.Supreme Court in Washington D.C., are directly... [+]correlated to the rising income inequality in the country. Photographer: Joe Marquette/Bloomberg NewsBLOOMBERG NEWSThe massive rise in income inequality in the U.S. is directly related to campaign finance cases, such asCitizens United,These cases have also led to the huge increase in household and government debt, which is artificially propping up the economy's demand curve and could have severe repercussions as the country tries to emerge from the Covid-19 economic lockdown. It could also lead to more economic downturns in the future.Not only are campaign finance cases the driving force behind income inequality, but they also correlate with the decline of economic regulation, the rise in U.S. debt, the decline of the middle class, and huge tax cuts disproportionately going to the very wealthy, said John Attanasio, the author of "Politics and Capital: Auctioning the American Dream" in an
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