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Forum Post: Study: Washington's Gridlock Only Helps the Ultra Wealthy

Posted 4 years ago on Jan. 7, 2014, 5:49 p.m. EST by GirlFriday (17435)
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But a study published last November in The Journal of Politics suggests that this sorry state of affairs is good news for a small group of Americans at the top of the economic pile. “Washington gridlock helps the super-rich stay rich, and get richer,” says Thomas Volscho, a sociologist at the City University of New York and one of the authors of the study. “And the richer they get, the more the gridlock actually helps them.”

The researchers looked back over 70 years of data, and found that the more dysfunctional Washington is, the bigger the share of the pie the top one percent tends to grab. And most importantly, they also found that when economic inequality is high, the kind of polarization and gridlock that have been the hallmark of Washington since Barack Obama’s election make legislative efforts to change course all-but-impossible.




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[-] 1 points by GirlFriday (17435) 4 years ago

Yep. Every time a Teathuglican comes out with the I hired 'em to be obstructionist he/she giggles, jumps off line, and runs to the bank.

[-] 2 points by shoozTroll (17632) 4 years ago

What many have suspected for a long time...........PROVEN!