Thursday, December 01, 2011

Saving The Middle Class

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Saving the middle class is not on the plate for today's Republican Party. They're concerned with messaging and strictly partisan exercises at best, working the levers of power for the 1% at worst.
Congressional Republicans have become increasingly divided during the latest legislative battles, with some fearing that the White House is winning the message war over the No. 1 issue facing the country: jobs.

All the responses from the DC Republicans show how tragically out of touch they are. Instead of worrying about how to get American workers off unemployment and ensuring prosperity for regular families, their concerns are all about:

• double down on same messaging
• better messaging
• TV ads
• eventual salvation by GOP presidential nominee
• don't compromise

Where's a new plan to actually help the economy and create jobs? That's not in the Ayn Rand handbook they use as their Bible, not within the realm of their pledge to Grover Norquist and not in the GOP guiding principles of deranged, anti-Obama obstructionism.

The other day Frank Guinta, the freak who edged Carol Shea Porter last year in the Tea Bag tsunami that washed over New Hampshire, called on the coalition of teabaggers, Glenn Beck 9/12 disciples, and other extremists who elected him to rally at the New Hampshire State House in hopes that Republican legislators would override Governor Lynch's Right to Work veto. Guinta and the extremist goons failed and the veto was sustained by the legislature. Carol is running for her old seat and she's with the majority of New Hampshire citizens who do not want to turn the state into a low wage (so called "Right to Work") hell-hole. Yesterday Carol told supporters that Guinta "knows that workers make less money in Right to Work states, that it is harder for workers to get health insurance in right to work states, and that this legislation does nothing to create jobs... Right to Work (for less) is just one more way Frank Guinta stays loyal to his corporate bosses."

Unlike Guinta and the Republican strategists and operatives who are actually undermining an economic recovery, Carol Shea-Porter rarely thinks of anything else. Today she sent me this guest post and I hope after you read it you'll be moved to contribute to her campaign through ActBlue.

We Can Save The Middle Class

-by Carol Shea-Porter (D-NH)


When I ran for Congress in 2006, I told people I was running “for the rest of us, the bottom 99 percent.” I said the middle class was stumbling and the poor had fallen, and we needed to address wealth inequality and our unfair tax structure if we were going to have a robust middle class. Some thought this was “class warfare,” although I always said I wanted businesses, corporations and individuals to do well, and I hoped to have more money myself. I just wanted everyone to pay their fair share-- not a penny more-- but their fair share. I was worried about the lack of revenue collected from those who legally dodged paying their fair share, and the unfair tax burden on the middle class who didn’t have lobbyists and accountants to “protect” their income, so they had to pick up the bill.
 
Five years have passed since then. We lived through the Wall Street meltdown, and we managed to escape another depression, but the recession has been deep and long. America lost 8 million jobs during this time. Although there has been job growth for the past 20 months, it’s still weak and too many are unemployed or underemployed. All this misery has led more people to discuss the issue of wealth and fairness in this country, and it’s been an eye opener for them. They have learned of executive pay in the millions. They heard the CNN Money report that two-thirds of U.S. corporations paid zero federal income tax. They know taxes are much lower on the rich than they were in the prosperous 1950s under President Dwight Eisenhower or in the prosperous 1990s under President Bill Clinton.
 
USA Today’s recent article, “The Fading Middle Class,” said in 2010, the top 20 percent of households in America received 50.3 percent of the income. It quoted Paul Taylor, executive vice president of the Pew Research Center: “The lower share of income is a way of saying income inequality is growing in the middle… The vast middle class has less of the pie than it had before.”
 
That is obvious to most people. Actually though, the picture is worse.
 
Marketplace economics correspondent Chris Farrell sums it up nicely:
“Well the problem is two-fold. One is the rich keep getting richer, and you know, the top 1 percent-- the top 1 percent measured by income, they captured slightly more than half of overall economic growth from the period of 1993 to 2008. So it feeds the sense that this economy is increasingly unfair. But the real point is about equality of opportunity. As the rich get richer, there’s less opportunity for those who don’t belong to that class.”

That is the larger problem. If there is less opportunity, America starts to look like other countries instead of the land of opportunity and possibility. While everyone uses their own words to talk about the American dream, we know it’s about opportunity. Americans always looked with hope and optimism to the future, knowing that working hard opened up doors. Now, they doubt their children will have the chance to prosper.
 
We can change this, and we should. Fix the tax code. U.S. corporations need to pay their taxes. Enforce collection. Fairly tax the very wealthy, and take away subsidies. Stop allowing the special interests to write the tax code that allows the super rich and influential to avoid taxes.
 
Here is what Sen. Tom Coburn, a very conservative Oklahoma Republican, wrote in his newly released report, “ Subsidies of the Rich and Famous.”
 
“From tax write-offs for gambling losses, vacation homes, and luxury yachts to subsidies for their ranches and estates, the government is subsidizing the lifestyles of the rich and famous. Multi-millionaires are even receiving government checks for not working. This welfare for the well-off-- costing billions of dollars a year-- is being paid for with the taxes of the less fortunate, many who are working two jobs just to make ends meet, and IOUs to be paid off by future generations.”
 
Invest in education. Invest in infrastructure and create jobs. Stop unfair trade agreements that ship our jobs overseas. Create more incentives to manufacture in America. There are a number of ways we can right the ship, and we must do them all fast. We owe that to our children.

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2 Comments:

At 6:24 AM, Anonymous Anonymous said...

How does Ms. Shea-Porter plan on pulling Big Government incentive levers to induce more manufacturing in the good ol' U.S. of A? Would that be lowering the taxes on the top 1%? Or does she plan on just dishing out a big ol' serving of stimulus puddin' to the fat cats å la Bush and O'bama?
– C. dog challenges religious preconceptions as acts of contrition

 
At 2:08 PM, Anonymous Anonymous said...

The problem with our country is that the level of corruption is starting to resemble Nigeria or a banana republic.

Consider also what just happened in a federal court in Texas. In this case, As described at http://LawInjustice.com , a Dallas business owner was involved in a civil dispute and paid millions of dollars to lawyers, and when he objected to additional fees after settling the case, they had a "friendly" judge, appointed by President Clinton, seize all of his possessions, without any notice or hearing, and essentially ordered him under “house arrest” as an involuntary servant to the lawyers and denied a jury trial. The business owner has been under this "servant" order for 10 months and is prohibited from owning any possessions, prohibited from working, etc..

 

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