The Ravaged Middle Class

Today, yesterday, almost everyday we read how the gap between the rich and the rest of us widens.  

In the rare time that conservatives even comment on this, we hear excuses:  its the global economy, its usually laziness or government deficits.  If only we could give the rich more, then the trickle down theory would work.  Of course the vast economic empirical evidence shows no such re-distribution of wealth ever has worked.  When the wealthy get more tax dollars back they hoard them   

Today, the gap between the rich and the poor, and the distribution of wealth in the United States is worse than during the run up to the Great Depression.

The Great Depression was tripped off by a gap in distribution of wealth, speculation in the Stock Market, and the global economy.  Those same conditions are more in evidence today than in 1929.

In short, we stand on the edge of a cliff.  Moreover, the House of Representatives has a higher majority of Republicans than when Hoover was elected in 1928.  This fact is troubling to say the least.  

And what happened then?  Disaster.  What are set up for again?  

Elizabeth Warren warned us a couple days ago in her impassioned speech to the Senate.  She warned the weakening of regulation on Wall Street derivatives (gambling) was dangerous to our already stratified economy.  She warned that the incessant push of Republicans to deregulate the economy was suicide.  

And the middle class voted for them in 2014.

That's right, there is no getting around it.  The American People spoke with a small voice (voter suppression works) and today the majority of governors and state legislatures are red.  Republicans control 2/3 of the government (the Legislative and the Judicial Branch).  Separation of powers is precarious at best.  

Of course the states where the bulk of population is, still trends blue.  But there is no ignoring the fact that America has decided, in these dangerous economic times to once again trust Republicans with our financial future.

And the Republican position?  Its the same as it was in 1928.  no regulations, cut government, cut taxes and incredibly balance the budget.  This was a recipe fordisaster!  

For you Econ 1 students out there this DEPRESSES DEMAND and leads to slow or more likely reverse economic growth.  In short, it opens the door for another 2008 or more likely 1929.

And the ravaged middle class?  They have suffered incredibly at the hands of conservative "leadership", suffered the largest loss of wealth as an economic class than since the Great Depression of 1929, and still vote Republican.

The Koch Brothers and others have spoken.  They have spent billions rigging elections in red states, electing state and local puppets who always vote their way.  

The key fact here is those Americans who remember the Great Depression are mostly gone.  There is no one who remembers the grip of terror that held the nation and the world on the edge of economic collapse.  This of course led to fascism growth throughout the world and plunged the world into WWII.  

So, our fooled middle class have opened the gates for the destruction of us all.