- Jan 8, 2011
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- #121
I agree with all of that but would add, that Big Ears and the Fed did much worse than W. They spent $26 TRILLION enriching the rich, yet few Americans know this. I wonder why.These statistics are claimed to be true:
1. 50% of American wage earners earn less than $30k.
2. 63% of Americans can’t afford a $1,000 emergency.
3. 80% of American workers live pay check to pay check.
4. Since 1973 American productivity has increased by 77%, yet hourly pay has grown by 12%. If the minimum wage was tracked to productivity, it would be over $20 an hour today.
5. 41% of American workers earn less than $12 per hour, with most without employer provided HC.
6. Since 2008 the federal government and the Fed created $26 trillion out of nothing. Was any of this enormous sum spent on infrastructure, public education, universal HC, bail out 5.1 million people who lost their homes?
Not a pretty picture for the poor and middle class. Hopefully things are improving or we are headed for big trouble.
That is a VERY ugly picture & it looks pretty accurate IMO.
What does the picture tell US?
It tells US that our government has FAILED.
'We the people' have failed because we didn't make our collective voice known as one.
One thing that could have REALLY HELPED here:
NOT blowing $3 TRILLION on G. W. Bush's wars of choice.
Just think IF that $3 TRILLION would have been invested in America, on OUR soil, instead of being shitted out across the ME?
The MIC is a cancer upon not only the US but the planet at large. IKE was right but NOBODY listened.
The US has based it's economy on building weapons of death, selling those weapons to the planet at large, destabilizing the planet, and we have spread fear & paranoia like a plague.
We could have built this nation into a mighty force that is actually respected around the globe, a society where everyone is educated to a college level no matter what race or the color of one's skin, we could have built infrastructure to rival our own best efforts, we could have demanded OUR government NOT be the world police but we have FAILED at every one of those points, and more.
We shall reap as we have sown.
I will say this:
Giving endless, record tax breaks to the wealthiest 0.01% & to the corporations is NOT going to make any of the above better BUT it will MAKE IT WORSE.
Anyone that fell for the McConnell, Ryan, Trump, GOP tax break lie is a complete fvcking idiot but just keep on believing.