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The discussion of the "fiscal cliff", and it being "averted", has broken
down along party lines as usual. But, what (we) the general public are
hearing, has centered on two areas. One, is taxes on the top two
percent, two, is on entitlement spending.
The problem as i see it however, is how the top 5% are the ONLY people being brought into the discussion, or even considered to have a voice. Here is a breakdown of income in America, along with their representative percentages.
en.wikipedia.org...
Every legislature in the federal goverment that can actually vote on laws affecting the 95%, are in, or of, the top 5%.
usgovinfo.about.com...
Every mainstream media person with any type of broad audience are in the top 5%. And, they discuss what is to happen to the other 95% with various people that are also in that top 5%.
www.thedailybeast.com...
www.thedailybeast.com...
The rest of us (the 95%), only hear how bad it's going to be for "the nation" if taxes go up on the wealthiest (the top 5%), and how deep cuts in entitlements (most of those going to the bottom 95%) are the only way to save America from financial collapse.
To me and to many others, realize that THIS is the disconnect, not conservative verses liberal, but the interests of the 5%, verses, the interests of the 95%. The hard reality of just getting by week after week, month after month, year after year, for tens of millions of people living in poverty, and tens of millions of others living paycheck to paycheck, should be the focus. the deliberate absence of these people's voices being heard on a national stage about living on the edge or close to it, is what's missing. And when 95% of the nations population are NOT included in the discussion, they will not be included in the solution.
The problem as i see it however, is how the top 5% are the ONLY people being brought into the discussion, or even considered to have a voice. Here is a breakdown of income in America, along with their representative percentages.
en.wikipedia.org...
Every legislature in the federal goverment that can actually vote on laws affecting the 95%, are in, or of, the top 5%.
usgovinfo.about.com...
Every mainstream media person with any type of broad audience are in the top 5%. And, they discuss what is to happen to the other 95% with various people that are also in that top 5%.
www.thedailybeast.com...
www.thedailybeast.com...
The rest of us (the 95%), only hear how bad it's going to be for "the nation" if taxes go up on the wealthiest (the top 5%), and how deep cuts in entitlements (most of those going to the bottom 95%) are the only way to save America from financial collapse.
To me and to many others, realize that THIS is the disconnect, not conservative verses liberal, but the interests of the 5%, verses, the interests of the 95%. The hard reality of just getting by week after week, month after month, year after year, for tens of millions of people living in poverty, and tens of millions of others living paycheck to paycheck, should be the focus. the deliberate absence of these people's voices being heard on a national stage about living on the edge or close to it, is what's missing. And when 95% of the nations population are NOT included in the discussion, they will not be included in the solution.
Sign up before Midnight to watch our video,
“Biggest Ponzi Scheme in U.S. History to Crash,”
and get our daily e-letter Investment Contrarians.
We respect your privacy!
We will never rent/sell your e-mail address.
That’s a promise! And you can opt out at any time.