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Graph Sums Up Right-Wing Attack on Middle Class Since 1980s

Graph Sums Up Right-Wing Attack on Middle Class Since 1980s

March 26, 2011

0Points

In sum: under Republicans Reagan, Bush and Bush (and not reversed by Clinton or Obama), the rich have gotten much richer, the middle class has gotten squeezed, the tax code's gotten FAR less progressive, and income disparity in this country has widened dramatically. Combine that with corporations making billions in profits yet paying no taxes, plus skyrocketing health care costs due to part to an aging and unhealthy population, and what do you get? Massive structural deficits as far as the eye can see. No, this is not a "spending problem," it's the polar opposite -- notwithstanding the "Big Lie" of BONEr, Can'tor et al. that we need to "stop the spending." No, what we need to do is "stop the giveaways to the top 1% and powerful corporations." How difficult is that to understand?

In sum: under Republicans Reagan, Bush and Bush (and not reversed by Clinton or Obama), the rich have gotten much richer, the middle class has gotten squeezed, the tax code’s gotten FAR less progressive, and income disparity in this country has widened dramatically. Combine that with corporations making billions in profits yet paying no taxes, plus skyrocketing health care costs due to part to an aging and unhealthy population, and what do you get? Massive structural deficits as far as the eye can see. No, this is not a “spending problem,” it’s the polar opposite — notwithstanding the “Big Lie” of BONEr, Can’tor et al. that we need to “stop the spending.” No, what we need to do is “stop the giveaways to the top 1% and powerful corporations.” How difficult is that to understand?