The Working Class Has Sacrificed Enough! It’s Time The Wealthy Pay Up

[Donnachaidh]

http://www.politicususa.com/en/working-class-sacrificed

It seems to me that during these trying times, many people are talking about shared sacrifice. What do they mean by shared sacrifice? From what it looks like, teachers, cops, firemen, women, infants and children are bearing the brunt of budget shortfalls.

Now let’s take a look at the top income percentage. What have they sacrificed? In Florida, Wisconsin, and Ohio the wealthy investor classes and corporations are being inundated with tax breaks. What does that mean? It means they will be experiencing higher profits and earnings and offering less and less to society.

The wealthy have insulated themselves from reality with boatloads of cash. Others have insulated themselves in some cases from the reality that they created by their own greed, like outsourcing jobs and manipulative derivative trading on Wall Street.

You see, the top wealthy elite have not really been hit by this recession as they were in the Great Depression. This is due to 30 years of wealth distribution upwards. They had accumulated a ton of cash that would be able to sustain them through many years of economic turmoil.

MORE at the link --

[WillyT]

1. HUGE K & R !!!

:kick:

[sarcasmo]

2. Any comments GE? Kick, Kick and a Kick.

[Newest Reality]

3. GE,

(like all the other multinationals) is getting what it bought and paid for. How could they settle for anything less? Artificial persons have rights, too, you know.

Maybe The People could all chip-in and buy it back? Hey, it's an idea ;)

[iemitsu]

4. the wealthy did not suffer during the great depression either.

the problem then and now is that they have too much of the wealth and that they do not redistribute it through consumer activity. so wealth needs to be redistributed through a progressive tax system if we want our "capitalist", money driven, economy to function.

[fascisthunter]

5. damn straight Skippy!

[Bozita]

6. My favorite "shared sacrifice" toon ...

[socialist_n_TN]

7. Kick. I think that it is a TELLING talking point.......

That in 30 years of Freidman economic policy (Reaganomics), the AVERAGE salary has raised only six cents per hour. In 30 years, $.06 per hour. That's telling AND easy to remember.

[DirkGently]

8. This is really THE issue we are dealing with. Can't be said enough.