Monday, November 26, 2012 1:13 PM
AMERICA, WHAT CHANGED YOU SO MUCH FROM PROSPEROUS TO FAILED MIDDLE CLASS AND ALLOWED YOU TO RANK #4 ON INEQUALITY IN OECD NATIONS???
My Take:
Tax Code changes favoring wealth
Reagan + Bush II tax gifts to the top incomes
Wars---10--- involvement initiated by 3 Republican Presidents since 1980.
Repeal Glass Steagall—10 Too Big To Fail banks to carry 80% of Deposits of 7000 Banks
Modernization of Commodity Markets---Allow build Casino Derivative Of America
world's largest gaming house.
Butchering of Savings and Loan Industry.
#1--Multi nationals shipping entire industries overseas for low labor costs
Decline of Manufacturing and incline of Financial Industry
Increased zoom in costs of Health Care, Military and College Education.
What is your add on or take on this problem?? clarence swinney