Income inequality hurts in many ways
The tea party is a mostly older group more dependent on Social Security and Medicare, so why do they choose a party that wants to "reform entitlements?"
Economist Dean Baker said, "Cutting Social Security benefits, rather than raising financial speculation taxes, or other progressive taxes, cannot honestly be called making tough choices. It is making a cowardly choice. It is serving the interests of the rich and powerful at the expense of the vast majority of the population."
Republicans, since FDR, have wanted to cut Social Security and other programs for the vulnerable. Now they have cut food stamps, head start, most likely unemployment checks, and struggled to shut down Obamacare. But they favor increased funding for the world's largest military, and tax cuts for the wealthy including the flat tax. That's what they mean by smaller government. This policy, funded by wealthy individuals, is sinking the 99 percent, depressing demand, and increases income inequality.
Extreme income inequality produces chronic unemployment, volatile economy, toxic politics, sham democracy, and pathological social problems. But this Republican Congress produced no legislation, shut down the government, and nearly risked the credit-worthiness of the United States.
Republicans don't like government, and they shouldn't be in it.
Stories that may interest you
Let some of our Connecticut taxes come to New London. We deserve it. Let’s vote to build the pedestrian bridge over Water Street. It will bring construction jobs and pedestrians can have a nice high view of the parade park and the whales tail. The view could entice them to walk...
I can't believe what is happening in this world. I am Italian, born Jean Impellitteri, and proud of it. My dad was proud of his background as was my uncle, who was mayor of New London. Taking down the Columbus statue was unbelieveable. Now they want the holiday of Columbus, too.
In recent weeks The Day published numerous letters decrying President Trump's refusal to concede defeat. This criticism demonstrates unawareness of how America elects its president. On the nominal Election Day, we the people voted not for Trump or Joe Biden but for electoral...
The picture in the Nov. 15 edition of The Day of Trump supporters in Washington protesting their loss prompted sad thoughts. After the next Super Bowl will fans of the losing team angrily mob the trophy ceremony? Kate Rotella, a highly qualified and...