Thanks to Neoliberal Economic Policies,

the 1 percent have been the biggest wealth destroyers in history.

If it weren't for the politicians bought and paid for, we wouldn't be in the horrible shape we are in.

Snip:

What has happened over the past 30 years is the capture of the world's common treasury by a handful of people, assisted by neoliberal policies which were first imposed on rich nations by Margaret Thatcher and Ronald Reagan. I am now going to bombard you with figures. I'm sorry about that, but these numbers need to be tattooed on our minds. Between 1947 and 1979, productivity in the US rose by 119%, while the income of the bottom fifth of the population rose by 122%. But from 1979 to 2009, productivity rose by 80%, while the income of the bottom fifth fell by 4%. In roughly the same period, the income of the top 1% rose by 270%.

Uncle Miltie and his University of Chicago crew are mostly at fault for having their crackpot theories taken seriously by American politicians--especially in the light of the fact South America has been a disaster when Friedmanite policies were put in.