The unbalance has proven harmful. Again.
Let’s make this simple:
Box A contains $90 million dollars. Box B contains $10 million dollars.
Box A is accessible to 10 people. Box B is accessible to 90 people.
In the United States, by the end of the 1970s, the boxes were more even – not such a wide gap between. And together they paid for our government and provided the wealth of our country.
Box A people mostly control the money – CEOs and business owners and such. Their money grew as Box A and Box B people worked together to grow the wealth. Only the money controllers began to increase at higher rates what they paid themselves, and lowered the rate of growth of what they paid the workers. (There are exceptions, of course. Not all Box A people have been so money hungry. I am talking about the group as a whole.)
Now, we are in a mess. People saw “it” coming, but no one would really address the growing problem because, well, what I’ve mentioned above seemed to be protected by capitalism, something that many people seem to hold more untouchable than God.
Now conservatives in Congress are listening to only the Box A people. Somehow, the U.S. is to remain strong and viable by having Box A pay a smaller percentage of taxes than ever. Yes, they already pay the most tax money, but they don’t pay as large a percentage. However, since they have kept so much of the money for themselves, what else can be done? And until they decide to let go and pay workers their due, they need to face up to the fact that they need to pay more.
How, in a democracy did we let this happen? Is it because so many Box B people do not vote? How did we elect people to Congress that so strongly look after only Box A?
Businesses provide jobs and workers provide the labor for the jobs. One cannot continue and grow without the other. When did America forget this simple equation?