How do we restore the balance?
Since the 1982 “Conservative Revolution”, politicians have climbed into bed with big business magnates, creating a government that serves the rich and powerful. The rich previously took 40% of the profits before Reagan’s regulatory & tax “reforms”. Now, under “Conservative’s” under-regulated Capitalism, the rich take over 97% of the profits for themselves – as over 50% of workers at big companies like Walmart and McDonalds live in poverty.
During the Reagan presidency, Conservative’s “reforms” shifted over $1 thousand-billion (a trillion) from middle class families, to the already-rich during Reagan’s Presidency. “Conservative’s” twin myths of tax-cuts (Reagan raised Middle Class taxes to historic highs during his presidency) & “trickle-down” actually created the giant sucking of over $3 trillion of wealth from middle class families, to create 6.5 million millionaire households, and 100,000 with over $100 million each => as Bush-Reagan Conservative “reforms” continued to create whole new classes of obscenely wealthy people ~ through 30 years of ~ “reforms” and “deregulation”.
“Conservative” myths of “job creation” through tax cuts & deregulation created 442 US billionaires…. and no, they didn’t “earn it”.
… unless you see yourself not as exploited, but as a temporarily embarrassed millionaire.
McDonalds could raise its average worker OUT OF POVERTY, (a 30-something mom who is the primary bread-winner in the family), by simply paying just $14 billion of profits to the already-rich versus ~ McDonald’s current $16 billion a year in “profits” ~ they pay-out to the already-rich.
Did anyone else notice that Walmart and McDonald’s et al can raise ALL their workers out of poverty, and ~ not raise prices ~ ?
Just trim a little fat from the profits they pay to their executives and owners.
~ Where did the “American Dream” go ~ under Conservative’s world of “trickle-down” , low taxes for the rich, and “regulatory reform”?
Consider the myth of “Privatization save $$ Money” …
~ Greed is not good ~ http://www.alternet.org/economy/privatization-scam-5-horror-stories-govt-outsourcing-greedy-private-companies
The people who actually do the work should:
Vote to take back OUR government, and OUR economy.
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© Steven M. Fry