From Bill Moyers: A recent posting detailed how upper middle class Americans are rapidly losing ground to the one-percenters who averaged $5 million in wealth gains over just three years. It also noted that the global 1 percent has increased their wealth from $100 trillion to $127 trillion in just three years. The information came from the Credit Suisse 2014 Global Wealth Databook (GWD), which goes on to reveal much more about the disappearing middle class.
This morning in our Toledo Blade was an op ed by Charles Krauthammer. I believe that it was the first time he has failed to pound President Obama. Instead, he challenged his fellow right-wingers in Congress to “govern.” Really? I don’t think they know how! One of his suggestions, unsurprisingly, was to lower corporate tax rates. Another was to loosen regulations- the usual package of BS foisted on the ignorant masses. He went on and his dedicated readers were fully fed. Burp!
Two editorialists, Moyers and Krauthammer, with two totally opposite points of view. Which one sparks the soul of the middle class