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As much as we all like to blame Bush (and for good reason)... there's plenty of blame to go around here. Fact is that Bill Clinton signed the greatest betrayal of the middle class in our lifetimes (NAFTA- a Republican priority but signed by Clinton). And Obama wants to do the same thing with the TPP (again pushed by Republicans... but our Democratic president wants to sign it).
So while in my opinion the Republicans are MUCH worse for the middle class... we can't blame then entirely. The Neoliberal wing of the Democratic party has done their share of selling out America.
Exactly right. The middle class has been losing ground for a long time now. While corporate profits soar and Wall Street rakes it in, the median American worker's wage, adjusted for inflation, has barely budged for decades. We're working harder and longer and earning less in real dollars.
Exactly right. The middle class has been losing ground for a long time now. While corporate profits soar and Wall Street rakes it in, the median American worker's wage, adjusted for inflation, has barely budged for decades. We're working harder and longer and earning less in real dollars.
And all the money the Wall Street capitalists make off our labor they use to buy politicians, on both the left and right, to maintain this imbalance.
That is what is killing the American dream.
Yep. It's been well established that essentially ALL productivity gains over the past few decades have gone to the top 1% rather than the middle class who is actually being more productive.
And somehow many of us still want the 1% to have even MORE money and scream bloody murder over any attempt to fix this problem?
It's insane... and shows just how easily led we Americans are.
I'm pretty sure the death of Glass Steagall, the growth of massive too big to fail banks, and all of the deregulation that's led to the speculative derivatives bubbles that have constantly burst since 2000, all of which have tanked our economy and crushed with middle class, also had a huge republican influence.
You know, I'd really like to believe that smart people are still in America, and indeed some are. But they're are vastly outnumbered by the completely incompetent idiots who think every thing wrong in the world is either the right's or the left's fault.
Yep. It's been well established that essentially ALL productivity gains over the past few decades have gone to the top 1% rather than the middle class who is actually being more productive.
And somehow many of us still want the 1% to have even MORE money and scream bloody murder over any attempt to fix this problem?
It's insane... and shows just how easily led we Americans are.
Bravo! Yes, as I always say, in no other country in the world but the US does the middle class (and barely middle class) worry endlessly about how the wealthy will manage. Freaking hilarious.
As much as we all like to blame Bush (and for good reason)... there's plenty of blame to go around here. Fact is that Bill Clinton signed the greatest betrayal of the middle class in our lifetimes (NAFTA- a Republican priority but signed by Clinton). And Obama wants to do the same thing with the TPP (again pushed by Republicans... but our Democratic president wants to sign it).
So while in my opinion the Republicans are MUCH worse for the middle class... we can't blame then entirely. The Neoliberal wing of the Democratic party has done their share of selling out America.
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