>The anger being expressed in America as well as in Europe and the middle east has been shocking at times but also very energizing. It seems the gap between the super-rich and middle and lower classes have reached mammoth levels.
Yet our politician’s answer to the divide of wealth is to continue cutting taxes for corporations and the wealthy and take it out of the pockets of middle class. Katrina Vanden Heuvel recently said,
The lunatics are running the asylum that is Congress. At a moment when nearly two-thirds of US corporations don’t pay any federal income taxes, and companies are sitting on trillions in cash while refusing to hire new workers, the only thing we hear when it comes to tax reform is that we need to cut the corporate tax rate. You just can’t make this stuff up.
Yet it’s par for the course in this take-no-prisoners, slashonomicsbudget debate, where fighting to protect programs that help people get basic needs like housing, healthcare and heat is derided, but no corporate loophole is left unprotected. The debate in Washington has almost always been out of touch with the realities of people’s lives, but that gap has now widened into a gulf—perhaps greater than we’ve seen in generations.
“Washington rushed to the rescue of Wall Street but forgot about Main Street … One in five Americans unemployed or underemployed. One in nine families unable to make the minimum payment on their credit cards. One in eight mortgages in default or foreclosure. One in eight Americans on food stamps. Upward mobility has always been at the center of the American Dream … that promise has been broken… The American Dream is becoming a nightmare.” Soon it will implode. a meltdown, revolution, depression.”