They’ve made a hash of a war that never should have been launched. They can’t find bin Laden. They’ve been shocked by the subprime debacle. They’re lost in a maze on health care.
Now, like children who have eaten too much sugar, they are frantically trying to figure out how to put a few dollars into the hands of working people to stimulate an enfeebled economy.
They should stop, take a deep breath and acknowledge the obvious: the way to put money into the hands of working people is to make sure they have access to good jobs at good wages. That has long been known, but it hasn’t been the policy in this country for many years.
He also talks about how we are not making money but loosing money over time.
The peak income year for the bottom 90 percent of Americans was way back in 1973 — when the average income per taxpayer (adjusted for inflation) was $33,001. That is nearly $4,000 higher than the average in 2005.
It’s incredible but true: 90 percent of the population missed out on the income gains during that long period.
This is why there are so many illegal aliens. We use to pay Americans a living wage. Now the companies find who ever is cheapest and grind them into the ground.
No comments:
Post a Comment