For the vast majority of Americans, their earning and purchasing power is steadily eroding, and the American Dream that drove our nation’s growth for more than a century is becoming little more than a pipe dream. Why is this happening?
Former U.S. Secretary of Labor Robert Reich has an answer. On this Labor Day weekend, he lays it out in a concise blog post entired,
“Labor Day 2012 and the Election of 2012: It’s Inequality, Stupid.”
Please take a few minutes this weekend to read and think about his message, and consider whether you agree (or not) with Reich’s take on the current state of inequity and focus in government.
It’s a shame to see the United States political system bought & owned by the wealthy & their global corporations at the expense of nearly everyone else. All because of Big Money’s death-grip on the American Dream.
In recent decades, government of the people, by the people, for the people, has been turned into a wicked inequality engine, grinding ordinary citizens to dust in order to extract more gold from the system for the benefit of wealthy politicians, high-paid lobbyists and the global corporations they represent.
Here are a couple quotes from the article pointing to the central problem:
“The issue isn’t the size of our government; it’s who our government is for. It has become less responsive to the needs of most citizens and more to the demands of a comparative few.”
“The 400 richest Americans now have more wealth than the bottom 150 million of us put together.”
~Robert Reich
Tags: business, government, inequality, middle-class, wealth