Wednesday, October 26, 2011

What's All This Class Warfare About, Anyway?

Ya know why there's so much distrust and anger in America today? Well the Congressional Budget Office just completed a study showing that the top 1% have increased their income by about 275% adjusted for inflation, but the bottom 20%  income grew by only 18%, over the last 30 years.  Also, the top 20% now make more than the bottom 80% combined. But that's not what really has folks so upset. Here's the thing. The folks at the top, the top 20%, the ones who prefer to be known as the Job Creators, are the people who decide how much money the folks at the bottom, the 80%, will be paid. If the bottom 80% don't like it and they ask for more, the top 20% can just say no. If the bottom 80 demands more, the top 20 can just ship the jobs overseas, happily so. The thing about that is that the top 20 then make even more and the bottom 80 make even less. But even that isn't what's the problem. The problem is that if you don't have any say in what you make and the top 20 are willing to take unfair advantage of that fact, and they do, you tend to get mad as hell. But what's even worse then that, is the fact that the government has pretty much made all that income disparity possible. In fact the government is the entity that caused it to happen, intentionally. It must have been intentional. They changed the rules so nothing else could happen. How did they do it and why? Well the how is because they changed the percentage the top 1% and 20% pay in taxes. They now pay a lower tax percentage then they did thirty years ago. And a lower tax percentage means lower taxes which means you keep more money. The Why is a little more conjecture. My guess is that politicians get more campaign donations from the top 1% and 20%, in fact that's a proven fact. When you're a professional politician, campaign donations are necessary to stay in office. STAYING IN OFFICE IS THE REASON FOR BEING A PROFESSIONAL POLITICIAN. Therefore you have to do the bidding of the ones who provide your "bread and butter", so to speak. It ain't rocket science. Although the pros would like you to think it is.

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