haiku-usa

A blog devoted mainly to haiku and senryu and to thoughts about, and inspired by, haiku and senryu.

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Location: New York, New York

Haiku is to poetry as espresso is to coffee.

Sunday, November 07, 2010

standard time

turning back the clock . . .
the distribution
of wealth

The concentration of wealth in the hands of the top 1 % of Americans, a trend that began during the presidency of Ronald Reagan, is now greater than at any time since 1928. 1928 was followed, as some of you will recall, by 1929.

posted by Bill | 9:32 AM

4 Comments:

Blogger Devika Jyothi said...

it startles to read about the concentration of wealth....in fact in every country...though in our's the only good over time is that the standard of life of poor has bettered, even if marginally, in some of the most marginalised communities,

Good one, Bill,

wishes,
devika

7:53 PM  
Blogger John McDonald said...

sad sad Bill nothing changes much
john

12:41 AM  
Blogger Bubba said...

I don't recall that personally, but I get where you're going - and where WE'RE going. Nice piece, Bill.

(I don't always comment on them, but I always rad them)

4:29 AM  
Blogger Bill said...

Since 1981, the situation of the middle class in the US has varied from stagnation to decline. That decline is an underlying cause of our present economic difficulties; the middle class can't afford what the economy can produce (See Robert Reich's AFTERSHOCK). The moment of turning back the clock from daylight saving to standard brought all this to mind, and a sort of a haiku (or maybe senryu, or maybe just rant) was born.

Thanks for the comments, Devika, John, and Eric.

6:04 AM  

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