Goodbye, beloved republic. All hail, better yet, sieg heil, to the fascist, oligarchic plutocracy now governing America. It’s beyond debate: our government is definitely of the wealthy, by the wealthy, and wholly for the wealthy.
Congress is in no way representative of the populace, with an average net worth of millions of dollars and incomes of 1 percenters. The primary purpose of the great majority is to enhance the well-being of the richest among us at the expense of the poorest and struggling middle class.
To make matters worse, the Supreme Court has decreed that because money talks, money should have free speech rights. Thus, the wealthy can spend unlimited amounts of money to elect their candidates, thereby purchasing their elected officials to do their rapacious bidding.
Lest the pesky majority of voters tries to elect people to represent their interests, Republican state legislators are adopting laws making it more difficult for the unwashed masses to vote, ostensibly to address the imaginary, nonexistent problem of voter fraud.
Just how much wealth do these insatiable, greedy people need? Evidently enough to destroy the economy, and then some. To have a consumer society, you need to have consumers, lots of consumers, not just wealthy ones who hoard much more than they ever spend.
Since the 2008 economic meltdown, the massive, obscene transfer of wealth has seen more than 90 percent of income and wealth increases accrue to the wealthiest, mostly to the top one one-hundredth of 1 percent. And this has been the trend, unbroken since the 1960s; the poorest receive only meager increases, while the wealthiest amass most of the ill-gotten gains.
America’s economy is as doomed as doomed can be. It is way beyond time to return wealth to the real job creators, the “have-not” consumers who drive our economy.