"Are Americans beginning to awake to the fact that our economy now delivers a
larger share of total income to the very top than at any time in living memory?
"That big corporations are making more money and creating more jobs abroad than in the United States?
"
That this concentration of income and wealth has so corrupted politics
that corporations can extort whatever they want from the government — tax breaks, loan guarantees, subsidies — while the super-rich can take most of their income as capital gains (taxed at 15 percent), and the rest at the lowest top rate in 25 years?
"And that because of this our kids are crowded into classrooms, our streets and highways and bridges are falling apart, and our healthcare bills are out of control?"
The Tea Party focuses its anger like a laser on "government" when actually the state is one-third of an axis of evil along with big business and the richest 5% of the population.
Global class war from Cairo to Madison to Ohio, Indiana and beyond is building.
Get ready to rumble...
What are you people in the "peoples party" going to call yourselves? ...."People"? That's catchy. Why not be truthful and call yourselves socialists? Imagine saying dumb things like "the economy delivers a larger share of income". That might be catchy in ignorant socialist circles like common dreams but the truth of course is that the economy delivers nothing. The people who work hard and invest their money and expand their businesses make the economy work. Go ahead and create the "peoples socialist party". It will insure a disaster for democrats next go round.
Another bright statement from the depths of ignorance.
FACTS show that working Americans have lived (or tried to live) with flat wages since the 1980s, yet the economic growth of this country has basically gone to the top percentile.
I would care to bet that most of the walking blind haven't seen any real growth with their incomes in Real Dollars and are simply following their ideology which is all for the status quo that currently exists.
Wages haven't been flat for the last 30 plus years? Well here's a link that factually shows flat wages in Real Dollars according to U.S. Bureau of Labor Statistics.
Weekly wages in constant 1982 dollars in 1980,
$281.27. Weekly wages in constant 1982 dollars in 2004,
$277.57 inhttp://www.workinglife.org/wiki/Wages+and+Benefits%3A+Real+Wages+(1964-2004)
And there's this:
The Distribution of Wealth in America (
Wealth Distribution) which clearly shows the continued concentration of wealth going upwards, while the working class (80% of the US population) continues to lose wealth and continues to be forced to live with flat wages.
As noted by the Wall Street Journal piece;
U.S. Economy Is Increasingly Tied to the Rich, this trend threatens the very basics of the economic foundation of the US, which it did in 1929, the year of the Great Crash. Today, the Wealth Gap is larger than it was prior the Great Crash .
Only those who have limited knowledge of the factual US's economic history or have limited knowledge of economics would scoff at the the record inequality of wealth in the US. This isn't socialism, it's Economics 101.