Whose sacrifice? The So-Called Grand Bargain Would Fleece the Middle Class

[woo me with science]

5. Predictable bullshit Third Way propaganda. You want FACTS?

http://www.democraticunderground.com/?com=view_post&forum=1002&pid=1798380

http://www.businessinsider.com/what-wall-street-protesters-are-so-angry-about-2011-10?op=1



Here it is. The bid for compromise. What a ridiculous, reeking load of nonsense. Democrats are lectured for being one-sided and "purist," as though WE are the ones insisting on getting our way, all the time, with no compromise....when the truth is that this country has been dragged *so far* to the right over the past 30 years that:

*our middle class has been virtually obliterated through policy

*forty percent of our wealth has been looted

*virtually ALL new wealth of the past 30 years has gone to the top one percent

*93 percent of the "recovery" has gone to the top one percent

*over a million American schoolchildren are now homeless

*America now ranks higher than any other developed nation in child poverty with the exception of Romania, which a DUer mentioned was only recently added to the list, perhaps to spare America the embarrassment of being last...

*CEO pay is now 350 times the average worker's pay, up from fifty times between 1960 and 1985

*CEO pay has skyrocketed 300% since 1990. Corporate profits have doubled. Average "production worker" pay has increased 4%. The minimum wage has dropped. (All numbers adjusted for inflation).

*After adjusting for inflation, average hourly earnings haven't increased in 50 years.

*income inequality has gotten so extreme here that the US now ranks 93rd in the world in "income equality." China's ahead of us. So is India. So is Iran.

*Social mobility is near an all-time low.

*The top 1% of Americans own 42% of the financial wealth in this country. The top 5% own nearly 70%.

*Hundreds of millions of Americans are deep in debt.

*Taxes on the highest earners are near the lowest they've EVER been and lower than for many who earn less.

etc., etc., etc., etc., etc.

*much, much more at link below,and that's just one of MANY we could post here...

______________________________


We have received no compromise. We have been looted, again and again and again, with no end in sight. And still the message comes, like a drumbeat: You have not compromised enough. You are being a purist.

It doesn't fly anymore. In fact, it has reached the point of ludicrousness.



________________________________________________________

*Much here taken directly from this article at Business Insider, perhaps the best summary I have seen of the looting of America: http://www.businessinsider.com/what-wall-street-protesters-are-so-angry-about-2011-10?op=1

There is much, much more there. I strongly recommend that every DUer click through the whole thing again for a reminder of how how much "compromise" WE have received from the ones who are looting us blind: