Where is the combined wealth of the American People? There was a time that that wealth floated through the fingers of quite a few citizens, perhaps an innumerable number. Today, that still holds true for the middle class and lower classes. My $40 at the grocery store goes to the baggers, cashiers, stockers, truck drivers, management and farmers, packers, distributors and bankers. In the lower classes, $4 takes a much shorter route, perhaps not leaving a neighborhood for quite some time if ever.
But what of the $4000 in the pocket of the upper middle cladsds? Where does that money go? Straight to Wall Street and into some sort of fund, spirited away for ‘safe keeping.’ No one outside of the funds manager gets hold of the money. It exits circulation.. Worse yet, what about the $400,000 from that privileged 1%, secreted away in a bank account in Luxembourg, perhaps. Not a single American touching the money. Not one.
Compounding this problem is the fact that the middle class and its resources are dwindling and quickly. That $40 or $400 may not be available so readily for the grocery store, the hardware, the restaurant or the mall. Then what?
Who is raising up this problem? Where is it on the agenda of our politicians, the Media?
There the crux of the problem. It is the result of the serious political divide we face. One party, the Democrats, tepidly raise the question of the unfair distribution of wealth in this nation while the other party, beholding to business interests and some libertarian fantasy, sees the ‘problem’ as laziness wrapped in socialism. Adherents to right-wing media nod mindlessly, naturally. But where is middle America? Do they not see this terrible threat to the stability of our nation? Are they disconnected or, rather, too connected to their wireless devices to even think about it?
How long can this growing disparity go on without some reaction? UptheFlag, what examples from history can you cite that may help us understand the consequences of such an economic reality?