You are dancing aroud the issue. The working class has been exploited for 55 years. The only one raising taxes on the working class are people who support tariffs.
The rich get richer and the working class continues to scrape by. Why? Has nothing to do with anything other than owners are able to exploit them. Otherwise workers would be getting richer too.
"The issue" isnt government spending. That doesnt affect how much a worker gets paid by a company, or what his benefits are.
Actually you and the rest of the Left wingnut talking heads here miss the Real Picture, focusing on out dated Marxist rhetoric.
Wages, money is a minor part of the "Problem".
The major Problem is the increasing difficulty for most people to accumulate real wealth because of the decline of affordable housing, especially home ownership. Biggest villain here is Regulations and most of those result from Leftist legislation and control of regulatory agencies which have increased home/housing costs exponentially in the past few decades.
Locked Out of the Dream: Regulation Making Homes Unaffordable Around the World
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Next to inflation, Americans ranked housing as their top financial worry in a Gallup survey last May, and it’s only gotten worse.
January home sales were down by 5 percent from the prior year’s dismal numbers. Record numbers of first-time buyers are stuck on the sidelines as housing affordability stands at the lowest level ever recorded, while
one in three Americans now spend more than 30 percent of their income on mortgage or rent.
The housing crisis is not just an American problem but a global phenomenon that hits the middle and working classes the hardest. Studies of the Canadian, British,
European, and East Asian markets have also found that housing prices have risen far faster than household incomes and inflation. A report from the Organisation for Economic Co-operation and Development concluded that “housing has been the main driver of rising middle-class expenditure.” In prosperous and communitarian
Switzerland, Zurich studios sell for more than $1 million and small houses for even more, making down payments unaffordable even to affluent people despite the overwhelming financial advantages to homeowners.
Underlying the plight of home buyers worldwide is a sometimes overlooked but profound influence—the spread of restrictive land-use regulations. It’s reshaping political and economic alignments in ways that may further destabilize the social order. Home ownership is strongly correlated with positive social indicators, and as renting
grows twice as quickly as buying, the resulting trend poses a threat to Western democracy by deepening economic inequality, depressing demographic vitality, and undermining the upward mobility that has driven Western progress for the past century.
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Several paragraphs/pages later;
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Threat to Democracy
Most democratic or republican societies in history—in Athens, Rome, the Netherlands, Britain, France, North America, Oceania—were created and sustained by a broad property-owning middle class.
In the 20th century,
middle-class asset growth was accomplished in large part by the expansion of an urban footprint beyond the city core, allowing many more citizens to buy property in spacious, safe environments offering a measure of privacy. The ideal of broadly dispersed property ownership has long been promoted by politicians, both right and left, in most high-income countries.
“A nation of homeowners, of people who own a real share in their land, is unconquerable,”
President Franklin D. Roosevelt said.
He saw homeownership as critical not only to the economy but to democracy and the very idea of self-government.
Today, the trend toward democratization of landownership is being reversed, with more and more people being pushed into living in rented apartments or houses, with little chance of gaining financial independence. An economy where most
people rely upon wealth transfers from the more fortunate cannot easily co-exist with a tradition of individual initiative and self-governance.
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www.theepochtimes.com
I strongly recommend reading the full article.
www.democracydocket.com
