Tag: wealth divide

The Trump / GOP Budget – Compassion is Nowhere to Be Found

George S LedyardSomehow, in a country in which corporate profits are at an all time high, and wealth accumulation at the very top is greater than at ANY TIME IN HISTORY, Trump and the GOP are trying to sell a budget plan that essentially penalizes the poor.
Remember LBJ’s “war on poverty”? Well, this should be characterized as Donald Trump’s “war on the poor“. The obscenely wealthy, for some reason, seem to deserve getting vast sums cut from what they are paying while the poorest Americans lose some or all of the various programs on which they depend to get by.
Donald Trump war on the poor
Donald Trump’s War on the Poor
The wealthiest corporations maintain that they can’t compete. Well, they seem to have been able to do so just fine. Profits are at record levels. Executive compensation is at record levels and is drastically higher than in any other country, including an economic powerhouse like Germany.
The narrative being put fort by the GOP is that our businesses need to pay fewer taxes so that they can be EVEN MORE PROFITABLE. But none of this profit trickles down to the folks in the middle class. For twenty years, as the rich have become richer and richer, the middle class has essentially been in a recession. And forget the poor. They just sit there, year after year, generation after generation.
How did we as a nation get to the point at which we stand out among all of the most affluent countries in the world as the most hard-hearted, least compassionate? Being poor anywhere is really hard. But among developed countries, the US stands out as the country with the greatest resources that devotes the least to the citizens on the lower end of the scale.
We already imprison a larger proportion of our population that ANY other nation in the world. We have produced a system in which certain segments of the citizenry have been condemned to multi-generational poverty with little or no chance of escape.
Mitt Romney, 47%Mitt Romney’s famous 47% of the public that doesn’t pay Federal income taxes was initially put forward as an example of those folks sponging off the rest of us. But the fact is that they do not pay income tax because they do not earn enough money to do so. That’s almost one half of the country that is underemployed. They work but can’t make a real living wage. If you aren’t paying Federal income tax, you simply aren’t making enough to even cover the essentials.
Think about it. 47% of the populace isn’t making enough to pay income tax. Then we have the fact that over 20%, 50+ million citizens, are actually receiving some sort of public assistance. So, a fifth of the country needs help to just survive. Almost the bottom half of the country is making so little that they are right on the edge. The number one cause for personal bankruptcy in the United States is due to medical costs, something that doesn’t exist in ANY other nation.Poverty in AmericaAnd now, the GOP is proposing a budget that drastically cuts programs for the poor, increases their medical costs by cutting Medicaid, while cutting taxes dis-proportionally for the wealthiest Americans. This is based on the totally discredited notion of the trickle down theory. ┬áIf we just give the wealthy individuals and corporations back more money, economic growth will trickle down to the middle class and poor. BUT IT DOESN’T. It’s a myth, yet the GOP still bases it’s entire approach towards tax policy on an unfounded faith in this fiction.
Jeff Sessions, war on drugsTo top it all off, Jeff Sessions, is calling for a return to the draconian war on drugs that has filled our prisons. It has been shown, over and over, that once you put someone in to the criminal justice system, the chances of them ever moving out of poverty are about zero, unless you are Martha Stewart and started rich before you went in. Given the fact that in may states, the right to vote is lost with with a felony conviction, it’s east to see that this push for law and order is a thinly veiled form of voter suppression, especially since it effects people of color even more than anyone else. But it’s disastrous for the poor as a whole.
It is embarrassing and disheartening to see how much of our country has bought into a narrative that so completely lacks any compassion. It actively penalizes being poor while creating circumstances that guarantee that a huge segment of the country remains so. This is an unacceptable and appalling situation. And it can’t possible be sustainable. Something is going to give, probably sooner rather than later.
Poverty in America