The story of two big institutions: Rich Banks, Poor Government
Since 1965, the costs of entitlement programs such as Social Security and Medicare
have grown twice as fast as personal income, while the top 1% of the population has
also seen their share of personal income double during the same period of time.
This triangular policy of the rich getting richer - the middle class getting poorer - and the Government receiving the lowest percentage of tax revenue since 1950, is building a nation that is not "Too Big To Fail" but destined to fall to a failing ideology.
Less government is not by definition more effective government, and if you are a
member of the Republican Party you probably believe only "the smallest size fits all".
We cannot continue to take in only 74% of the revenue that we spend...but the size of our our government needs to match the limitless of our potential.
We need to size our government so our teenagers are not ranked 22nd in reading literacy, 21st in science and 29th place in math.
We need to re-size our government so we are not spending 1 trillion dollars more a year in military programs than the Chinese, so they are free to spend the equivalent on roads, trains and research and development.
We need to size a government that provides one of the highest infant mortality rates and a retirement that leaves people proud of their sacrifice instead of shamed without dignity.
As the battle over the size of spending cuts and tax revenue becomes percentages of GDP, flat taxes and cost of living increases tied to inflation...remember that we are not fighting over numbers but we are fighting for our neighbors, our family and our friends.
<strong>Unlike the American Revolution which began with a fight not to pay an unjust tax, we are now fighting for people to pay their fair share...so we can all share the good life.
The latest tactic by the Republicans is to exaggerate the shortfall and be the financial Paul Revere of today by shouting the message of one if by tax increase with 10 if of spending cuts.
We won the War with the British and they became our strongest allies...maybe there is hope for the Republicans yet!
The GOP will terrorize the public with mythes and double talk to scare people into making wrong choices. The RED states have plenty of people who are ready to be terrorized by scary GOP people who ready to fight the phantoms..........