Future of Capitalism non-responsive response
Reader comment on: Summers on Inequality
in response to reader comment: So True
Submitted by Fast Eddie (United States), Nov 21, 2011 11:31
Future of Capitalism and Larry Summers, among many many more apologists for our current skewed econnomic and tax policies, cannot address the actual issues at hand so they mask the manifest importance and unfairness of today's guilded-age income distribution by diverting attention to 'people who make things' and how wonderful they are. The real issue is not the difference between those people and people who do not design new products; the real issue is how the government and its taxing system rewards ALL of those who have very high incomes. The Bush tax cuts have become the litmus test for this issue and to oppose the tax cuts is to oppose the so-called essential producers of things that are new and wonderful. We now have a government staffed at the highest levels by a cadre of graduates of elite universities and colleges who have essentially no ties to the 99% of the country they control. They are part of and beholden to big monetary interests who are intent on continuing the maldistribution of benefits to assure their continued dominance.
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[w/response] [142 words]
|ben||Nov 21, 2011 07:55|
|↔ I agree completely [122 words]||ben||Nov 21, 2011 11:05|
|↔ ⇒ Future of Capitalism non-responsive response [179 words]||Fast Eddie||Nov 21, 2011 11:31|
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