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Where are the huge gov't programs to get people back to work & regulate fat cat financial interests?

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Better Believe It Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-13-10 03:29 PM
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Where are the huge gov't programs to get people back to work & regulate fat cat financial interests?


The Rich Get Richer, the Poor Get Poorer, While the Middle Class Gets Decimated
By Dave Lefcourt
October 13, 2010

The rich get richer and the poor get poorer. That should be the theme that best describes this "great recession." Only the poor are expanding in numbers with members of the middle class (that have been treading water since the late 1970's with flat incomes that barely kept up with inflation) now being decimated with job losses, expiring unemployment benefits, depletion of savings, foreclosures and bankruptcy; some falling so far and having to rely on food stamps just to survive.

Meanwhile the rich have remained whole, thank you very much. Wall Street tycoons were bailed out. The stock market has recovered with the Dow now over 11,000 so all is well with the investor class. Of course the big corporations, having moved their labor operations to 3rd world countries are quite profitable, as are the private health insurance behemoths, their brother pharmaceutical giants as well as all the defense related industries (with their huge government contracts) that never had it better.

But working men and women (on whose backs made this country the envy of the world) have seen their fortunes go with the globalization of manufacturing and outsourcing of their once good paying jobs.

But with this "great recession" (more like a depression for many) where are the 1930's depression era WPA's and CCC's? Where are the giant government sponsored infrastructure projects of roads, bridges, schools, railroads and the like?

Is it just nostalgia when one thinks about FDR and the Depression of his time where there was a commonness of purpose (even in the face of Republican Congressional resistance) of initiating huge government programs to get people back to work, regulate the fat cat financial interests and have government act to the benefit of its people?

There ought to be a middle class rebellion in this country to demand our government initiate policies that benefit the majority of people in this country.

Read the full article at:

http://www.opednews.com/articles/The-Rich-Get-Richer-the-P-by-Dave-Lefcourt-101013-220.html
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