Pseudo climatologist, failed media entrepreneur, Oscar winner, Nobel Peace Prize recipient, certified one half of one per cent member, former Democratic vice president of the United States and almost president, Al Gore is concerned as only a liberal/progressive could be.
Two months after raking in $100,000,000 from the sale of his unwatched (non) Current television network to the foreign Muslim owners of alJazeera, man about town Gore tweeted
Income inequality is an increasingly dangerous problem in our country--check out this blog and video to learn more: bit.ly/15Gw6me
Continuing this theme on his blog, Gore pontificates
In order to make the U.S. system of capitalism truly sustainable, we must tackle this unhealthy concentration of wealth. The wealthiest one percent of Americans now have more wealth than the bottom 90 percent. The gap continues to widen as the top one percent receives almost 25 percent of annual U.S. income, up from 12 percent just 25 years ago.
While some inequality is inevitable and even desirable, the levels of income inequality have reached dangerous levels in the United States. Too much wealth concentrated in the hands of too few disrupts societal stability and corrupts the wealth-creating incentives of our capitalist system.
Indeed, the level of inequality in the U.S. is already worse than in Egypt or Tunisia, two nations rocked in recent years by popular uprisings that overthrew national governments during the Arab Spring. While the two situations are clearly different, addressing income hyper-inequality in the United States is crucial to making our system of capitalism more sustainable.
His conscience eased, Mr. Gore retreated to his office to once again attempt to make the sale of Current retroactive to December 31, 2012 so he could avoid paying the higher taxes in effect beginning in 2013.