Summary
It's easy to dismiss the "Occupy" movement that quickly spread from Wall Street in New York to California points like Los Angeles, Oakland, Sacramento and San Francisco as mainly an activity for the homeless and a bunch of anarchists. The movement prides itself on having no formal leadership, no structure and has rarely been able to articulate any aims.
But a new report from the nonpartisan, nonprofit California Budget Project (http://www.cbp.org/pdfs/2011/ 111101_A_Generation_of_Widening_Inequality.pdf) gives some decent indications of why this phenomenon found fertile ground in California and why its protests did not quickly fade away.See the full content of this document
Extract
Thomas D. Elias: Income Differences: Real
The budget project's analysts found that disparities in wealth - already wide in this state 20 years ago - have expanded into a chasm. Essentially, the rich have gotten much richer, while the poor and the middle class rec...
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