More and more wealth keeps getting concentrated in the top 10%. This game is rigged for sure. How do the rich keep getting richer when they have to pay so much in taxes? Someone want to explain that one? I say give working class at 30% pay raise and watch the economy sore. But then again that would make too much sense for the top 2% of the greedy bastards to comprehend. It's the American Way of Today. This is free market capitalism managed by some of the best politicians corporate and association money can buy. Corporations are free to perform their fiduciary responsibility to make money for investors. If that is done by hoarding capital, investing in grey market derivatives, and maximizing labor from fewest employees as models of efficient production - then the system is working as it should. Now friends, make sure you stretch and save from your unemployment checks and low-wage mix of 2 and 3 job incomes. You will need it to get an education so you too can be burdened with debt and face challenges of offshoring and automation with grace and dignity.
Showing posts with label The American Dream. Show all posts
Showing posts with label The American Dream. Show all posts
Monday, July 29, 2013
80 percent of U.S. Adults face near-Poverty, Unemployment, Survey finds
More and more wealth keeps getting concentrated in the top 10%. This game is rigged for sure. How do the rich keep getting richer when they have to pay so much in taxes? Someone want to explain that one? I say give working class at 30% pay raise and watch the economy sore. But then again that would make too much sense for the top 2% of the greedy bastards to comprehend. It's the American Way of Today. This is free market capitalism managed by some of the best politicians corporate and association money can buy. Corporations are free to perform their fiduciary responsibility to make money for investors. If that is done by hoarding capital, investing in grey market derivatives, and maximizing labor from fewest employees as models of efficient production - then the system is working as it should. Now friends, make sure you stretch and save from your unemployment checks and low-wage mix of 2 and 3 job incomes. You will need it to get an education so you too can be burdened with debt and face challenges of offshoring and automation with grace and dignity.
The American Dream Slipping Away ~ Peter Johnson
Peter Johnson, Jr.: The American Dream Slipping Away - Fox News - July 29, 2013
Warren Buffet stated, "There is a Class War going on in America, & unfortunately, my class is winning.". What amazes me is that Americans still think that America has the best of everything, from medicine to quality of living..When there will be more children in the US this year with bankrupt parents than divorced parents. With around 120,000 people declared bankrupt each month, many of the squeezed middle-class see the American dream slipping away.
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