The Walton (Walmart) heirs now have as much wealth as up to 40 percent of all Americans combined, and Walmart’s sales have been slowing down. What does the first fact have to do with the second?

The top 1 percent now rakes in 20 percent of the nation’s income and holds one-third of the country’s wealth. Meanwhile the economy remains stagnant because the incomes of regular people are stagnant and falling — meaning they can’t buy stuff and can’t invest in their own futures.

Read more