344. "We Are Not Broke, Just Twisted": Extreme Wealth Disparity in the United States

By Institute for Policy Studies, May 20, 2011

"We're broke." Or so claim governors and lawmakers all over the country. Our states and our nation can no longer afford, their plaint goes, the programs and services that Americans expect government to provide. We must do with less. We need "austerity."

Reversing tax giveaways to the super-rich and the nation's largest corporations could raise $4 trillion within a decade and avert possible government closures.