In the United States 1% of the people own 40% of the wealth. 20% of the people own 85% of the wealth. The 80% of the nation’s people who do its work share the remaining 15%. Sociology UCSC
In a country where the workers are increasingly devalued. The numbers of citizens who are unable to secure food, shelter and healthcare are on the rise. There is a tendency, a financial incentive, for the more fortunate citizenry to join the subduing forces for their own protection. Bosses increase their wealth by making fewer people do more work, and more unreasonable work, for less money. The money saved goes to people who hijack business and government for personal exploitation. This exploitation of the people who do the worlds work will, if left unchecked, destroy civilized behavior.
At the same time the workers are ejected from the work force, the economic safety-nets that are supposed to protect them in time of old age, illness, injury, depravation, or war are being eliminated. They are called entitlements by those who want you to work harder for less.
Monetary policy determines who gets what, and why? When that policy works well, the incentives are to do good. The “buck” doesn’t stop at the presidents desk. Presidents don’t determine monetary policy, and they are bound by it. The present policy gives incentives for treachery.
A dinky little portion of the countries budget goes to rewarding the eighty percent, who work for the preservation of the nation and the benefit of the world. We are told that there isn’t enough money to protect their lives, feed them, house them, and educate their children.
Political affiliation is being used to divide the major portion of the population. They fight over the meager scraps that they are allowed. The rewards for the fruits of citizens’ loyalty, labor and ingenuity are sucked up and given to the smug, and the arrogant, who are busy painting their own portraits on the dark side of history.
The working poor pay 12.4% of their earnings to fund social-security. It is outrageous that the rich get a 15.3% tax reduction on all of their earnings over $107,000, at the expense of those who are already being cheated, by them. The rich pay practically nothing toward medicare because most of their earnings are unearned income (investments) on which no medicare tax at all is paid. The working poor fund medicare.
We the people can peacefully reassert our independence. No free country should allow its working heroes to be discarded like yesterday’s trash. No politician should be ever again be elected who allows workers to be sacrificed, so the rich don’t have to pay their fair share.