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Reply #13: K&R and thank you for writing/sharing this. [View All]

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inna Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-10-11 03:32 PM
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13. K&R and thank you for writing/sharing this.

The period of relative prosperity for most American workers was an aberration indeed, but what's important is that it was a result of specific and deliberate economic policies aimed at making American capitalism more "worker-friendly". Look at the charts of taxation and economic growth during the 50s and 60s for the richest vs the poorest vs the rest - everybody was actually growing together, more or less, and the rich were contributing their (more or less) fair share to the common economic welfare. What a stunning contrast with current economic policies (of the last 30 years) that are deliberately catered for the rich, at the expense of everyone else. Plutocrats took over, basically.
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