America The Land Of Inequality

There is no denying that America has become a nation of inequality. The $64,000 question is "how do you constrain capitalism from doing stupid things that are not in the public interest?[Robert Reich] In practice we have a set of rules and regulations to check these rogue factions in our community. However, our democracy has been corrupted, and these rules and regulations are being discarded or not enforced. If the corruption by the excesses of the American Capitalist is the cause of this malfeasance then the first thing we must do is get big money out of our politics.

Robert Reich On Inequality For All

On the issue of inequality in America, there is much confusion. Most people of the right-wing persuasion blame the poor. On the other hand, people on the left want to blame the rich. There is a lot of blame going around. According to well-respected economist Robert Reich, "people are not looking at the actual structure of the economy as its evolving." "They're not looking how we need to change the organization of the economy." America is the most unequal of all advanced societies in the world. Our research found many misconceptions floating around out in the public sphere. Many believe the economy is some natural force that can't be changed. In short, we all are slaves to the immutable economy. However, when you " peel back the onion," the economy is a set of rules and regulations.

Our economy is not a state of nature. 

Robert Reich

There are rules regarding property and liability, anti-trust laws, bankruptcy, subsidies, and taxes for various things. These are the rules and guidelines for the game we call the economy. These rules determine the outcome of the game. In a democracy, if you don't like the rules of the game you can create a conscientious and change the rules. If we had a democracy, that was working as envisioned by our founding fathers[See Source]  The rules for the game of economy can be difficult to explain in writing. To get a clear understanding, one must refer to the experts. Our source Robert Reich book " Beyond Outrage," does an excellent job of explaining these rules in writing. American economist has some hard questions to answer. Why does the United States have an unequal distribution of income and wealth by far than any other civilized country? And it's surging! Reich's metric for answering this question is to evaluate the earnings of the people at the top[1%] compared to the earnings of a typical worker[47%] which represents the middle.

Wealth Inequality in America

In Today's America, 400 of the nation's richest people have more wealth than half the population of the United States.

According to our source, which looked at IRS data stretching back to 1913 the beginning of the progressive income tax wealth inequality reached an all-time high in 2012. What was apparent from our research here in the House of Public Discourse America's economic growth has consistently been going to a small group of people at the top.[See Source] 

The Wealth Inequality In America Is Startling To Say The Least!

This inequality is tearing at the fabric of America. In the first three years, of the recovery from the recession brought on by the financial collapse of 2008, the top one percent of Americans took home 95% of the income gains. Amazing! In the past, as the economy grew so did everyone else. Ronald Reagan and his God-awful trickle down economics saw an end to this equitable formula and what we got in return was a nation in debt and growing now surging wealth inequality. Regular Americans knew this as shared prosperity. Along came the Republicans in the 1980's with these so-called family Christian values 'War on Drugs,' 'War on Women,' and "War on the Poor" calling this shared prosperity socialism. Hell, Eisenhower a Republican was president during most of this time of shared prosperity and We The People did not consider him a socialist, We did not think him abnormal. 

In the years of shared prosperity our nation's economy doubled. Moreover, everybody's income increased as well. Even, Americans in the bottom 5% percent did better. Then here comes Ronald Reagan and the extreme radicalization of the Christian Right,and  the "slobbering at the mouth," Capitalist Elect.  The 1980's changed the historical relationship of shared prosperity between economic growth and the growth in productivity and wages. Over the last three decades, most of the wealth and most of the new wealth has gone straight to the top.  Income gains went to the top and people in the middle, the median worker, the median wage stagnated.

How Do We Fix It?

To the point, a strong and vibrant labor movement needs to be orchestrated and based on our research here at the House of Public Discourse could be the " wonder drug" for lack of a term. 

Drawing on a myriad of evidence  as in our nation's past a re invigoration of equitable labor practices would go a long way in achieving an equal society.  The research bears it out clearly. Almost all health and social problems that disproportionately affect poor and middle class are greater in societies with higher levels of inequality. The widening income gap as mentioned earlier seems to be a direct result of the " War on Unions" and the lack of a strong and consistent labor movement in America. Another factor is the dwindling democratic constraints on the top 1% income earners. One of the conclusions we came to here in the House of Public Discourse is to implement practical limitations by extending democracy to our economic institutions.  Our study found equal societies gain greater equality by redistribution. We need a fundamental approach to reducing inequality in America. Our exhaustive research on the issue of " America The Land of Inequality," found that the weakening of the labor movement over the last quarter of the 20th Century has severely impacted the ability of working people to influence their standard of living and overall quality of life. 

One of the House of Public Discourse primary points of advocacy is to recreate a healthy, active labor movement in America. We achieve this with both political and social influence that will enable the old labor movement to regather itself and fight for a fairer more sustainable future for our country.

Read The Main Source for This Article Here

The American Dream Has Been Hijacked By The Capitalists

As a kid growing up in rural North Carolina, I often remember hearing the term ” The American Dream.” It brought  a vision of a white house with a white picket fence, with Mommy and sister Suzy playing homemaker inside the house while father and son played pitch and catch in the backyard with the family pet barking for attention. What a utopia setting it brought to my mind. We were Americans fighting for what was right and fair and a sense of community filled the air. Democracy was the way, and Communism was the evil society trying to destroy our way of life. I distinctly remember people would leave their front doors to their houses unlocked and the keys to the family car in the ignition. What happened? The American Dream has been hijacked by the capitalists and their thirst for profits. Two quotes come to mind with the end of this dream:

Growth for the sake of growth is the ideology of the cancer cell. – Edward Abbey

A growing nation is the greatest Ponzi game ever contrived. – Paul Samuelson

Capitalism is Killing Democracy 

Our roles in a market economy and democracy have slipped by the wayside. It is our responsibility to a congruent society to participate in keeping our democratic traditions vibrant while keeping our markets and political mechanisms from running wild.

Free markets were supposed to lead to free societies. Instead, today’s supercharged global economy is eroding the power of the people in democracies around the globe. Welcome to a world where … government takes a back seat to big business. …(Robert Riech)

There was always this misconception that if capitalism flourished so would our democratic principles and way of life. Today in this new age of vulture capitalism we see this is not the case. In fact, we see the very opposite. Capitalism… is thriving, while democracy is struggling to keep up. China, for example, over the years has transitioned into free-markets but not political freedom. There are other countries like Mexico and Russia who claim they are democracies but like the Untied States have allowed elitists and corporations to hijack the politicians who in turn limit government's capacity to adjust and address the concerns of its citizenry.

Though free markets have brought unprecedented prosperity to many, they have been accompanied by widening inequalities…, heightened job insecurity, and environmental hazards such as global warming.

The side-effect of this has been an alarming equality gap that has splintered the nations’ democracies around the world, including that of the United States. A representative democracy is designed to allow citizens to deal with these inequalities in a structured, balanced way. However, this has not been the reality, and most people feel a sense of powerlessness that is on the rise in all the world’s democracies. What we are seeing around the world and here in America is the failure of the trickle-down economic theory that reared its ugly head back during the Reagan years and an uncompromising collective pride to admit it was a mistake.

No democratic nation is effectively coping with capitalism’s negative side effects.

Capitalism is an economic system in which trade, industry and the means of production are controlled by private owners with the goal of making profits in a market economy.( Wiki)

The real function of capitalism is to expand the economic pie. Nothing more, nothing less. The role of democracy [government] is to allow citizens through public discourse and their elected officials to collectively determine how that economic pie is to be divided and determine what rules should apply to both the private good and the public good. Nowadays, due to several mitigating factors these choices are being left to the markets. We The People need to take immediate action and task ourselves to delineate the role of global capitalism versus democracy. The free-marketeers have clearly shown a cavalier attitude towards democracy and have created a survival of the fittest mentality and let the losers fend for themselves. Corporations have treated this like a game but unlike most games they have created one who plays by no rules. We The People must ensure that there are rules and guidelines for these corporations to go by and adhere to, who now have the advantage of being treated as a person, with the knowledge that there will be repercussions for not doing so.

It has become all so clear that if the main function of capitalism is to allow corporations to play the markets with earnest zeal we must as citizens challenge ourselves to stop these modern-day economic entities parading as persons from being the writers of their rules.  If not, the question of the growing inequality in America will only get worst. We The People, living in a democratic form of government,  can counteract this  capitalistic conquer all approach culture. The cost to our society and the forever shrinking opportunity to actualize the American dream is at stake. However, due to our lack of interest and our feelings of helplessness, we continue to allow corporations and companies through their battalions of  lobbyists, public relations, and now special interest Super-Pacs like Citizens United and others, to walk the dog all over us while pretending to be acting for the public good. The bottom line over and again has proved that these business entities only desire to maximize profits with little to no consideration for the common public good.

Why is this? We The People have become disabled from the democratic process largely due to the ever-increasing influence of money in our political sphere. Greater sums of money are flowing into the process with a bribe here and a kickback there. This behavior has resulted in laws being passed that have created an atmosphere of imbalance. This reality has created, for lack of term, an ”arms race” for political influence that has suffocated the voice of the everyday citizen.

The purpose of democracy is to accomplish ends we cannot achieve as individuals.

This truism has been circumvented and cannot be utilized because of the ever-increasing influx of money into the political process. This influx of money has allowed these business entities to advance their agendas while leaving most of us to stand in line waiting for some imaginary trickle down effect to meretriciously manifest itself.  In the meantime, we are seeing growing job insecurity, widening of inequality and the destroying of our environment.

In closing, this writer feels compelled to implore all of the citizens of democracies all over the world to rise and let your disdain for this cancer on our democracy be heard. Silence is not golden here it is a detriment. We The People have within us, collectively, the power to reduce this social cost to the fabric of our societies. We must take our roles as citizens seriously. The very first step, which is the most difficult, is to get our thinking straight by realizing, The American Dream Has Been Hijacked By The Capitalists.

  

Guess What? Republican Tax Cuts Don't Work, And The Only Thing That Trickles Down Is Deficits!

Guess What? Republican tax cuts don't work, and the only thing that trickles down is deficits. In the 2010 mid-term elections, the Republican Party had a field day. Due to lack of involvement the Democratic Party took the election off and will pay dividends for years because of it. Not only has it allowed for stalemate in our national and state-wide governance it has created a helpless state of gerrymandered safe-zones for Republicans.

It was about this time last year, when the GOP was ranting and raving about the unemployment, the ill effects of Obamacare, and how it was ruining our economy. And, of course, the deficit. Quite frankly, with a politically uneducated American electorate the GOP was salivating with talking points for the now nearing 2014 mid-term elections. What a difference a couple of good financial reports, in the last several months has had on erasing those aforementioned talking points. See, time is a revealer of the truth. As reported earlier this month, in a historically right-wing financial Bible for lack of term, "Forbes," it was indicated that, in fact, Obama has out-performed Reagan on jobs, growth, 

investing and the deficits. 

There is an example after example of how Republican ideology fails not just in the social arena but in the financial realm as well. Cases in point. In 2010, Kansas voted Republican Sam Brownback as its governor. He got right to work cutting taxes. One of the biggest realities that the Republican Party and its adherents tend to overlook is that when you cut taxes-"taxes get cut." Subsequently, revenue could not keep up with expenses that will create a shortfall of about $900 million by fiscal year 2019. [Source: Bloomberg Business Week] This action by the so-called Tea Party favorite Brownback got the states credit rating downgraded by Moody's Investment Services which stated it was the states tax plan that was the main reason for the downgrade.[Source: Washington Post] 

In 2010, a Republican Governor took over in the state of New Jersey. Chris Christie. You know the one-time Republican front-runner for president before." Bridgegate."[See Article] One of the first things Christie did once in office was to cut taxes. Once again, seemly shocked to realize that by cutting taxes you cut revenue the state had a whopping $807 million revenue shortfall which added yet another self-imposed misery on the  wonder-boy of the Republicans.[Source: NJ.Com] 

What is apparent to this writer is this is a trend. These are not isolated occurrences. In 2010, North Carolina elected Republican Pat McCory to be governor of that state. In step, with his republican ideology he gives the wealthy a tax cut which in turn blows up the state's budget. These tax cuts created a deficit to the tune of $445 million. [Source: WRAL.com] Once again, its like a reoccurring nightmare that will not go away. Tax cuts wreck economies, slowdown growth, and wipe-out job creation. In fact, as I reported back last year in a Liberal America article  the good Governor raised taxes on the poor and middle-class to attempt to soften the blow, which in practice gave many of the very people who voted for him in that state a tax hike.[See Article] What were the reasons for these failures? According, to these governors, it was Obama's fault. Right, blame it on the black guy. 

While these Republican Governors were busy blaming Obama for their failures, a report was released on a budget that Obama was the overseer of " The Federal Budget." which indicated a 107 billion dollar surplus.

“Compared to the size of the economy, the deficit in 2013 is much lower than in 2009, when Obama took office. The deficit will be 5.3 percent of gross domestic product this year, nearly half the 10.1 percent of GDP in 2009.” [Source: Forbes]

 Republican's, Have Tried To Focus Their Media Echo Chambers On False Scandals To Avoid The Reality Of Falling Deficits Under The Obama Administration. 

Deficits Have Lowered At A Historic Rate Under President Obama's Term.

Republicans have purposely ignored these historic reductions in our nations deficit under Obama. Over the course, of the last two years and the entire Obama term Washington has been eaten up with fake scandals and left field conspiracy theories. To be honest, it would be hard for the most dedicated political study to keep up with them all much-less a causal follower of politics. While the Republican Party was blowing our tax dollars trying to repeal Obamacare a law that the majority of Americans are in favor of and voted for in the last two elections. Is it not clear that the Republicans are suffering from a new form of political dysfunction called the ' Deficit Attention Disorder." In English,what this means is that the GOP does not want to face the music that the deficits are falling at a historic rate under Obama. This drop has been unexpected. And, the truth is it has caught the Republicans off-guard. One of their most relied talking points for the 2014 mid-terms has evaporated. In a Washington Post report, the Congressional Budget Office[CBO] claims the deficit problem has been solved for the next 10 years.  

The conundrum for the Tea Party, Republican Party, and Libertarian's is their mantra of public discourse, they're tried and true rallying cry, of how liberal and progressive policies,  are unsound  has been discredited by facts and empirical data. It's as if the. "carpet has been jerked from underneath their feet." All we have heard from the right from politicians like Sen. Paul Ryan (R-WI) is how Obama refuses to do anything about the debt crisis. A picture of the egg in the face comes to this writer's mind. Where are the Republicans celebrations? Where are the front page headlines? Where is Fox News telling us what a great day it is to be an American. Any logical person would think this economic upturn would draw praise from the right. But, the realities of this polarized world we live in comes into focus. All we have heard from the right is Benghazi-Benghazi-Benghazi.

As a writer, my goal is to make one think and ask questions. What were Republicans doing when all this good news about our nations economy hit? Trying to repeal Obamacare for the umpteen thousand time at a dastardly cost  of millions to We The People. We The People voted overwhelmingly for Obamacare, and to see it start to pay dividends and be a positive influence on these very deficit reductions brings the ole ' please pass the jelly," commercial to mind.

What is Obamacare?

One of the biggest determinants to our debt as a nation has been health care. With the implementation of Obamcare between 2009 and 2011, total health care spending grew at the slowest rate in the last five decades, at just 3.9 percent per year.[Source; New York Times]  Health care cost are coming down which was one of the goals of Obamacare. Where is the " that a boy,'" from the Republicans? As a student of politics all my life, this writer has insights on this question. When politicians in Washington are talking about deficits, in fact, they are not. Truth is republicans don't care about the deficit and haven't for a long time especially since Reagan. The reason the republicans are not lauding the president for lowering the deficit is that they don't care.

There Has Been One Person In Washington For Sure Who Cares About Deficits And He Now Has The Stats To Back It Up. 

What the Republican Party has done for decades now is use the deficit as a cloaking issue. As the House of Public Discourse reported just last month, the Republican Party relies heavily on  poor, uneducated white people for votes. They use this issue to get the base all riled up knowing that most of their constituents don't know or care that they the Republicans have been the biggest villains in terms of driving up our nations debt. George Bush, Jr ring a bell. If not, do a Google search on the growth of our nations debt under Reagan. What the Republican Party is sayings is they want to cut spending on social safety net programs and  first-step help initiatives to compensate for their giving the wealthiest members of our society tax cuts. These are the very tax cuts that have driven downgrades and revenue short- falls in mostly red states.

What is paramount in the now, is that the Republican Party once thought to be a shoe-in to take back the Senate and House and pick up more Governor seats is in serious jeopardy. With these vanishing talking points, the only real hope for  Republican's is a low voter turnout like in 2010. Many are predicting that to be the case. As a liberal progressive writer, I harken back to the ole baseball saying " say it isn't so, Joe." We will see if these predictors hold true. But, this writer is an optimist and Guess what? Republican tax cuts don't work, and the only thing that trickles down is deficits.