By Golly, It Is Redistribution

       Here's some interesting information I noticed in the Washington post today, by Harold Meyerson. It's all about redistribution of income, just as the Republicans have been claiming all along. Well except that it's happening in just the reverse of what they claimed.
       It seems that the percentage of income from wages and salaries to GDP is the lowest since WWII, while the percentage of income from after tax corporate profits are the highest since, guess when? Since WWII again. So investments are growing in profits while working for a living is shrinking in profits.
       In other words, you may be working harder, but you ain't making more money. Is anyone surprised by this? It's the same tired old story about the rich get richer and the rest of us pay for them to get richer. Where did you think their riches come from?
       So as long as we keep giving them better tax breaks and as long as we keep allowing them to keep profits made overseas from being taxed, the more we lose ground and the more wealth they get to keep.  Like Meyerson says. a GE investor gets to keep more of his profits than a GE employee gets to keep of his paycheck.
       Of course, thirty years ago, Ronald Reagan told us that if we gave the rich more, eventually some of those riches would trickle down to us. I'm still waiting, but so far, those riches have only defied gravity and trickled up.
       Now, I'm a patient man, and I know things take time, but a lifetime or two seems to be too slow. So just when do we start seeing that golden goose laying a few eggs for us? Seems like a lottery ticket has a better chance of providing for us, than those rich folks will trickle down to us.