A Million to One
I like following the writing of Robert Reich. He punctuates with an avid degree of authenticity. He does not mince his words. The wealthy are growing in leaps and bounds. The working class has not gain 1% in income over the last thirty years. How can we remain so complacent about this kind of story? Where are our guts?
Democrats have become irrelevant. If they want to be relevant again they have to connect the dots: The explosion of income and wealth among America's super-rich, the dramatic drop in their tax rates, the consequential devastating budget squeezes in Washington and in state capitals, and the slashing of public services for the middle class and the poor." The Huffington Post article today goes on to claim that the top 150,000 top CEO's make as much money at the 120,000,000 million workers who labor for them.
We are watching this while we are tolerating the busting of unions just in time for when Americans will realize that we need to organize in order to survive. The top is growing so fast and the power that they have amassed with their financial growth is nearly obscene.
By the way, what happened to Jim Webb from Virginia, he came in to congress strong on this decline of the middle class issue and he is not returning for a second term? Robert Reich makes the point clearly. The middle class is being devastated, college is only for the wealthy, food prices are going up, oil prices are rising, the income tax on the rich are slashed and the result is that the safety net for society is slashed. Health care is cost prohibitive therefore only those who can afford it should have it.
Where are we going? Does anyone see the calamity that we are aiming for? Do we need to revisit The Grapes of Wrath, can we watch are own people starve and go homeless while we continue to increase the profit margin of the super wealthy?
Has anyone heard the proposal to raise the ceiling on social security. You only pay income tax on the first 106,000 dollars of income. After that you pay none. It is not that we need to have laborer and nurses working until they are 70. That is a cruel alternative. Raise the ceiling. I have not heard one politician make that recommendation.
Corporate taxes are at historic lows. Corporate income is at an all time high. 200,000 workers scheduled to be laid off......but, who is counting?