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Friday, June 17, 2011
The Ecomomy in 2 minutes 15 seconds. MUST VIEW.
Who doesn't get it? The continuation of lowering taxes for the wealthy and reducing government services and safety nets will only make things worse for the middle-class and eventually there will be armed rebellion.
For those of you who are a normal working middle-class Conservative Republicans, you need to consider the pending result of your support for the Starve The Beast policy and the reduction in what you perceive as the evil government. If you think life will improve for you with a reduction in government services, think twice and think again. When you have such a large disparity in the division of income, the tax burden on the poor and what is left of the middle class and the anger erupting between those in the middle and below, you will end up with chaos and revolt. Look around, see the revolts that are occurring here in America and across the world people are tired of being taken advantage of by the very wealthy and powerful.
This is a critical time for America. Will be return to the high standard of living and a strong middle class or to a new feudalism in which the middle class is in economic servitude to the 4% of American that hold all the wealth. Opportunity for an individual to build individual wealth through hard work and ingenuity will be greatly limited. The money and power people will not want to share it with anyone new, unless they get a good chunk of the pie.
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I can only agree with these arguments.
ReplyDeleteAs shown outside the US&A newly established governments will always endeavour a 40% middle class population in order to have a stable development.
When a few have too much and too many have too little, unrest will erupt. Now is not it what you see in topday's US&A??
Effy