The world’s eight richest individuals possess the same amount of money as the world’s poorest 3.6 billion.
It’s the same old Republican mantra of “Stuff the Rich and Starve the Poor”… on steroids. Sooner or later the ;people will demand a Constitutional Convention and lay the groundwork for an economic democracy that will serve as a solid foundation for our political democracy.
Our economic system has the god of money at its center and often acts like a brutal robber preying on the public, the people, the community, the commons
Well, yes. It’s rather hard to be shocked when the inevitable happens. The “Reagan Revolution” didn’t end. It has been ongoing, even though we use different terminology. (Heck, even old Newt Gingrich seems to have risen from the grave.) A great deal has happened, that middle class liberals didn’t notice, or maybe didn’t consider worth discussing.
Give it some thought. The US shut down/shipped out a huge number of jobs since the 1980s, ended actual welfare aid in the 1990s, creating an abundant surplus of job-ready people who are desperate for any job at any wage – grateful for the chance to replace you for less than you are paid. There’s nothing to fall back on. Our deregulated corporations have gone international, and are no longer dependent on US workers or consumers. US workers made themselves dispensable.
What this all amounts to: We have slowly been transitioning into just another third world labor state that discards those who aren’t of current use.
But that’s been the Democrats’ agenda as well. The Reagan Dems of the 1980s moved further to the right to merge with the Clinton wing in the 1990s. Over the past 20 years, they’ve implemented more of the right wing agenda than Republicans could have ever dreamed possible. They ended actual welfare aid and took the first steps to similarly “reform” Social Security, targeting the disabled, and made it cool to disregard the consequences. We ignore the results of our deregulated capitalism – our poverty crisis. Bill Clinton signed on to NAFTA, and before launching her campaign, Hillary Clinton was working hard on selling the TPP to Congress.
Reagan did tax cuts and blew up the deficit—even though he campaigned on balancing the budget-and democrats got suckered in on cutting social security
Bush Jr. did the same-big tax cuts and blew up the deficit
Trump will aim for the record on deficits—and people will go along because its a few extra bucks in their pocket----not realizing the plan is to get rid of social security and medicare.
The republicans shut down the government numerous times over raising the debt ceiling—these republicans said we needed to bring the deficit down-----what will they do with the debt ceiling in the next two weeks----
Wanna bet the democrats vote to increase the defense(War)department spending???
You’re right. I suppose we should just call it the Mantra of the power elite. At any rate it is wealth inequality that lies at the root of all of our major grievances today. The great task that lies before us is how to establish an economic democracy that will serve as a solid foundation for our political democracy.
— email@example.com wrote:
So, nice to hear a word or two on what’s been going on in Greece. We know they rejected austerity a couple years ago but what’s been happening since then? I’d really like to know.
Let’s hope rump’s plans blow up in his face- quickly and dramatically leaving no opportunity for more denialism. Let’s hope everyone who was beguiled by him wises up. I agree that the best way to prove that republican narratives are false is to give them a chance to fail. Its just sad that it will cause so much more suffering to those who have been needlessly suffering for so long already until everyone wises the fk up. My heart goes out to those who will suffer in this meanwhile.