Friday, November 4, 2011

Since the advent of Reagonomics and Supply Side Economics things have went poorly for the Middle Class. The Rich? Woo Hoo!

Tax give-aways to the rich, deregulation, union busting, Republican policies promised increased jobs, increased revenues and increased prosperity. The record: $9.2 trillion in debt, the greatest income disparity in history, 4 recessions, and a decade of zero job growth.

The 99% are not mad that the 1% prospered. We are mad that many of them cheated to gain their obscene wealth by corrupting the system with their hoards of cash to influence the political process to favor themselves over everyone else.

This income disparity is the end result of Supply Side economics. And we, the 99%, are all the poorer for it. Allowed to continue, we will be the first generation in American history to leave a lower standard of living to our children and grandchildren.

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