September 24, 2010 § 1 Comment
I have written about the growing degree of income and wealth inequality in America. A friend of mine, Milton Lower, has sent to me a link to a September, 2010 Report by the U.S. Congress Joint Economic Committee. The Chairman of that Joint Committee is Representative Carolyn B. Maloney. The Vice Chairman is Senator Charles E. Schumer.
The eleven page report and the graphs that illustrate it tell a story of greed and unfairness, the erosion of the middle class and the immoral enrichment of the wealthiest Americans. It also provides irrefutable evidence of the difference between the Republican Party and the Democratic Party, as well as the consequent effect of those differences on the welfare of middle class Americans.
Anyone who thoughtfully reads this report can understand the mistake of those who preface their political opinions by saying, “I just vote for the person. I don’t pay attention to political parties.” Middle class Americans pay a high price for the consequences of that kind of ignorance. I does matter which party controls the economic policies of our nation and this report’s history lesson proves it. Here is the link to the report: