Speech by Jim Hightower, Agricultural Commissioner for Texas. He speaks on the changes in the United States class structure during Reagan's two terms, when the number of millionaires trippled and billionaires increased from 2 to 41. He points to the increased concentration of wealth. In 1982 1% of the population controlled 19% of all wealth. In 1988, that same 1% controlled 35% of all wealth. Hightower argues that it is time for a political party to emerge which reflects the other 99% of the population.|CAPTURING THE LITTLE d DEMOCRATES / Jim Hightower| produced by Pamela Burton and Ralph Cole. Speech by Jim Hightower, Agricultural Commissioner for Texas. He speaks on the changes in the United States class structure during Reagan's two terms. The number of millionaires trippled, billionaires increased from 2 to 41. He points to the increased concentration of wealth. In 1982 1% of the population controled 19% of all wealth. In 1988, that same 1% controled 36% of all wealth. Hightower argues that it is time for a political party to emerge which reflects the other 99% of the population. RECORDED: Americans for Democratic Action yearly dinner, 23 May 1989. BROADCAST: KPFK, 15 Aug. 1989.
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