Monday, January 7, 2008

Why are the rich getting richer in America, the middle class staying the same, and the poor getting poorer?




This is the book cover of an interesting book...

Easy answer… Good Lobbying… But seriously, check out this book, Free Lunch – How the rich get richer, by David Cay Johnston. I was amazed by the information. Also, you can here an interview on the NPR Program, Fresh Air, at http://www.npr.org/.

Here is a synopsis of the book:

Fresh Air from WHYY, January 3, 2008 · Investigative reporter David Cay Johnston explores in his new book how in recent years, government subsidies and new regulations have quietly funneled money from the poor and the middle class to the rich and politically connected.
Cay Johnston covers tax policy for The New York Times, where he won a Pulitzer Prize for his reporting on that beat. His previous book, Perfectly Legal: The Covert Campaign to Rig Our Tax System to Benefit the Super Rich — and Cheat Everybody Else, was a best seller.
The new book, which expands the inquiry beyond tax policy into a whole range of regulatory machinery, is titled Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (and Stick You With the Bill).
Enjoy and comment…

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