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Powell's Q&A, Q&A | December 10, 2009

Sam Stephenson: IMG Powell's Q&A: Sam Stephenson



Describe your latest book/project/work. I've been studying the life and work of photographer W. Eugene Smith for 13 years. My first book (Dream... Continue »
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The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer by Dean Baker
The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer

davewrite, August 10, 2008

America’s wealth is so dangerously lopsided (income slightly less so) that 1 percent of households own 33.4% of the nation's net worth; 10% own over 71%; and the bottom 40% own less than 1%. Although America spends two trillion annually on health care -- more than any other nation —the money goes into the pockets of doctors, lobbyists, wealthy investors, and pharmaceutical companies. As for the medical benefits, the lion’s share goes principally to the well heeled. Most bankruptcies are precipitated by sickness.
Should we not be ashamed that 45-million American citizens have no health insurance–that millions more with insurance will be denied benefits when disaster strikes? Middle-class families can be pauperized in a fortnight. Is it only America’s more affluent populations that deserve to live? Meantime, George W. Bush brags to the world about what a kind, generous, and sympathetic nation of people we are.
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