At a time when America desperately needs to come together, we are becoming more divided than ever. The mainstream media and most of our politicians love to pit us against one another in dozens of different ways, and right now class warfare has become one of their favorite tools for getting us to hate one another. If you are struggling in this economy, you are being told that “the wealthy” are the cause of your problems. If you have money, you are being told that the poor hate you and want to tax you into oblivion. Class warfare has already become a dominant theme in the 2012 race for the White House, and there will certainly be endless speeches given along these lines by politicians from both major political parties all the way up to election day. Class warfare will be used by both sides as a way to divide America and get votes. And the frightening thing is that it is clearly working. There is more hatred between the poor and the wealthy in America today than at any other time that I can remember. But hating people because of how much money they have or don’t have is not going to solve anything. Instead, it is just going to cause more problems.
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Rather than focus on real issues and real solutions, our politicians attempt to make “the wealthy” or “welfare recipients” the focus of our debates.
Well, you know what?
Most people that are rich and most people that are poor are not purposely trying to abuse the system. Most of them are hard working people that are trying to do the best that they can in a world that is increasingly going crazy.
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Unfortunately, playing the blame game is not going to get us anywhere.
The number of Americans living in poverty increased dramatically under George W. Bush and it also increased dramatically under Barack Obama.
Our country is drowning in debt, millions of our jobs are being shipped overseas, the middle class is shrinking at an astounding pace, and the Federal Reserve continues to destroy our financial system.
Getting angry at the wealthy or the poor is not going to fix those problems.
But it will distract us from the reality that both major political parties have been doing a horrible job.
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We have an economy that funnels the vast majority of the economic rewards to a tiny elite while most of the rest of us struggle.
Just consider the following statistics….
*Back in the 1970s, the top 1 percent of all income earners in the United States brought in about 8 percent of all income. Today, they bring in about 21 percent of all income.
*The following is how income gains in the U.S. were distributed during 2010….
-37 percent of all income gains went to the top 0.01 percent of all income earners
-56 percent of all income gains went to the rest of the top 1 percent
-7 percent of all income gains went to the bottom 99 percent
*In America today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined.
*According to Forbes, the 400 wealthiest Americans have more wealth than the bottom 150 million Americans combined.
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