It's not often that news, analysis and even your friends' opinions converge to make clear what's been happening to make the American voter so damned mad!
Here's Floyd Norris from the New York Times on Sunday:
"In the eight decades before the recent recession, there was never a period when as much as 9 percent of U.S. gross domestic product went to companies in the form of after-tax profits. Now the figure is over 10 percent. During the same period, there never was a quarter when wage and salary income amounted to less than 45 percent of the economy. Now the figure is below 44 percent."
Here's Benjamin Wallace-Wells in a New York magazine profile of Mitt Romney's record as an executive at Bain Capital, a company he helped create:
"Romney was also a business revolutionary. Our economy went through a remarkable shift during the eighties as Wall Street reclaimed control of American business and sought to remake it in its own image. Romney developed one of the tools that made this possible, pioneering the use of takeovers to change the way a business functioned, remaking it in the name of efficiency."
And here is Tim Correll, a lawyer friend of mine who has a sharp eye for what is happening as the sand washes out from under the feet of middle class America:
"I've had it with these class villains who argue that the one percent are 'job creators' who won't create jobs if they get a tax increase. For starters, lets note that entrepreneurs don't create jobs, consumers create jobs. Our greatest job growth over an extended priod of time took place from 1950 to 1980. During that time the top marginal tax rate was ninety, yes, that's right, NINETY, percent -- 90%, but we had soldiers coming home, unemployed men who were skilled in the scutty blue-collar skills of war, but we funded the GI bill (with those taxes on the one percent) and those GIs went to school and bought houses and spent money and the economy grew and grew and grew. (I'm 67 years old and through all my growing up years I never saw a year where my father -- a university professor -- didn't get a raise.) and things just kept getting better. We built the interstate highway system, creating huge winners in the petroleum and automobile industry, cars went from $500 to $3,000, and gas went from $0.15 a gallon to $0.85 a gallon, and families went from riding buses to buying homes with two cars in the garage. That's what it was like when we built a nation where the cost was shared based upon everyone's ability to pay. Tax those constipated assholes that have no patriotism, no loyalty and think of no one but themselves, and -- you know what -- we'll be the better country we used to be, and they'll still make money."
I find it "amusing," as my friend Ken Bugosh would say, watching media types like Charlie Rose trying to make sense of the Occupy Wall Street movement when the destruction of the middle class has been a two-decade process that was hardly invisible. "News to me!" the mainstream media is saying now, which is as much a symptom of that industry's decline as is the fact I now read the Denver Post online.
News becomes news nowadays only when New York, and, yes, Wall Street, finally notices. But it takes good journalists like Norris to document the little recognized, big-picture facts that accumulate along the way of a nation's decline. And by documenting them, make possible the opportunity for the nation to react to such statistics.
It takes American politicians, however, much too long to read the tea leaves and actually enact legislation to change the things that are happening to us. And yet, if only the political elite would wake up to voters' needs, even our current Congress and state legislature in Colorado still have time to make important changes that will shape our future.
The Romney profile was the first piece of journalism I have seen that actually showed why and how he became a wealthy businessman, a credit he now claims qualifies him to become the next president. But the story shows, too, just how souless Romney's policy making becomes because he values the American investor over the American worker.
Yesterday, I asked a Hispanic receptionist at a business I was visiting whether she would vote for Obama, and she quickly shook her head: no, no, no. I left saying, Well, don't forget who you will be voting for then!
If Mitt Romney is the Republican nominee opposing Obama's re-election, then perhaps the stark difference between a president who cares for all the American people and a candidate whose life has demonstrated his disregard for common people and overwrought concern for the wealthy will be prominently illustrated by the television campaign ads sure to accompany the 2012 election campaign.
Let's hope so. Because news and analysis and even the opinions of friends converge to provide a stark illustration of what truly is happening in America today. The nation's common-man soul is being crushed by the success of wealth in these United States.
Only the American voter can reverse that tragic trend.
A small-business blog that covers health care, politics, economic development and more.
Showing posts with label middle class. Show all posts
Showing posts with label middle class. Show all posts
Thursday, December 1, 2011
Saturday, February 26, 2011
Save a middle-class dream
Organizers and members of the crowd estimated 3,000 demonstrators showed up on the Colorado Capitol steps Saturday to rally to Save the American Dream, an Internet-driven demonstration supporting organized labor, Wisconsin public employees, the nation's dwindling middle class and the power of people in a democracy.
Since this blog on Wednesday suggested it was time for Coloradans to vote with their feet in support of the middle class, and Move On.org and a large coalition of other organizations called for noon rallies across the nation to do the same, I went to check out the crowd and add my large body to it.
Two Denver television stations reported the crowd as much smaller, and frankly, as a lover of crowds and a reporter assigned to cover a number of them, the 1,000 figure seemed more accurate to me.
Zoe Williams, an organizer who led "Power to the People" chants from the speakers' podium, said she obtained the permit for the rally even though she is not formally connected with Move On, and then gave over the rally to Move On folks.
The crowd was predominantly people over 35, and largely people over 50, who make up the middle class that has been decimated over the past 20 years, as has organized labor in the private sector, and the power of people in all of America for that matter.
Williams identified her chants as drawn from the Sixties although she was not old enough to have chanted them then. It's a wonder the words have not been forgotten.
But that has been the way America has gone since the Sixties. Buttoned up, free-market, anti-labor if not necessarily anti-people, unless the people are undocumented immigrants. It's just that many of the people of the Sixties have gotten rich, turned Republican and think that all their neighbors have done the same.
Peaceful despite significant police coverage, the tone taken by speakers at the rally was liberal to activist. One member of the Denver firefighters' union took after Wisconsin Gov. Scott Walker, who is trying to strip collective bargaining rights from many public workers in his state. "Mr. Walker, you awoke a sleeping giant," the firefighter said. "We are the people."
Back in the Sixties you wouldn't have seen a white firefighter take to the podium during a demonstration. Today, first responders of all sorts are as much under the anti-labor, free-market gun that is aimed at any unionized worker, but most especially at public employees, who make up the majority of the few unionized workers who still have jobs in America. Private-sector union workers are almost extinct.
Signs are always the most entertaining element of a demonstration in America. "I am not a serf," read one homemade poster. "Of the Corp., Buy the Corp., For the Corp.," read another.
Cars honked in support of the rally, and so did the big air horns on cement trucks pulling away from the construction site where a new court building and history museum are being built. The drivers, from the private-sector, probably would like to be unionized.
And for all the business opposition to unions in Colorado, battles most Colorado business people believe have been won for good, the rally might signal to future middle-class prospects -- the great number of college graduates walking around without jobs in their field, for example -- that the power of unions and union-negotiated wages also fuels a state's economy.
Many people at the rally believe there would be no middle-class in America if unions did not organize a third of the workforce after World War II. That post-war era, the Sixties, still represents one of the most prosperous eras in the nation's history. But that lesson has been lost on most people who oppose unions.
It's not been lost on what's left of the middle class.
Since this blog on Wednesday suggested it was time for Coloradans to vote with their feet in support of the middle class, and Move On.org and a large coalition of other organizations called for noon rallies across the nation to do the same, I went to check out the crowd and add my large body to it.
Two Denver television stations reported the crowd as much smaller, and frankly, as a lover of crowds and a reporter assigned to cover a number of them, the 1,000 figure seemed more accurate to me.
Zoe Williams, an organizer who led "Power to the People" chants from the speakers' podium, said she obtained the permit for the rally even though she is not formally connected with Move On, and then gave over the rally to Move On folks.
The crowd was predominantly people over 35, and largely people over 50, who make up the middle class that has been decimated over the past 20 years, as has organized labor in the private sector, and the power of people in all of America for that matter.
Williams identified her chants as drawn from the Sixties although she was not old enough to have chanted them then. It's a wonder the words have not been forgotten.
But that has been the way America has gone since the Sixties. Buttoned up, free-market, anti-labor if not necessarily anti-people, unless the people are undocumented immigrants. It's just that many of the people of the Sixties have gotten rich, turned Republican and think that all their neighbors have done the same.
Peaceful despite significant police coverage, the tone taken by speakers at the rally was liberal to activist. One member of the Denver firefighters' union took after Wisconsin Gov. Scott Walker, who is trying to strip collective bargaining rights from many public workers in his state. "Mr. Walker, you awoke a sleeping giant," the firefighter said. "We are the people."
Back in the Sixties you wouldn't have seen a white firefighter take to the podium during a demonstration. Today, first responders of all sorts are as much under the anti-labor, free-market gun that is aimed at any unionized worker, but most especially at public employees, who make up the majority of the few unionized workers who still have jobs in America. Private-sector union workers are almost extinct.
Signs are always the most entertaining element of a demonstration in America. "I am not a serf," read one homemade poster. "Of the Corp., Buy the Corp., For the Corp.," read another.
Cars honked in support of the rally, and so did the big air horns on cement trucks pulling away from the construction site where a new court building and history museum are being built. The drivers, from the private-sector, probably would like to be unionized.
And for all the business opposition to unions in Colorado, battles most Colorado business people believe have been won for good, the rally might signal to future middle-class prospects -- the great number of college graduates walking around without jobs in their field, for example -- that the power of unions and union-negotiated wages also fuels a state's economy.
Many people at the rally believe there would be no middle-class in America if unions did not organize a third of the workforce after World War II. That post-war era, the Sixties, still represents one of the most prosperous eras in the nation's history. But that lesson has been lost on most people who oppose unions.
It's not been lost on what's left of the middle class.
Labels:
Colorado economy,
middle class,
Move On.org,
Wisconsin
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