Economist Robert Reich found himself slightly agreeing with former Republican presidential candidate Rick Santorum in an interview with Bill Moyers, arguing that while he doesn’t support “equality of results,” the problem with the U.S. financial system is a lack of equality when it comes to opportunity.
“The question is not inequality, per se,” Reich told Moyers on Friday. “The question is, at what point do you tip over, do you get to a tipping point where the degree of inequality actually is threatening your economy, your society, your democracy? When do you reach a point where inequality is simply too much? Where most of your people feel like the game is rigged.”Reich told Moyers that when the country’s tax laws are weighed in favor of the wealthy, that creates an educational system that steers families in lower socio-economic tiers to schools that lack comparative resources.
in lay terms status quo of rich getting richer and poor getting poorer is the cause of inequality, wanting to own all the marbles leaves you with no one to play with.
is that where the are heading to completely remove us from the society of the rich, because we don't meet the criteria financially?
“A lot of middle class and poor people actually are paying, particularly through social security taxes, which nobody talks about,” Reich explained. “They all want to talk about income taxes. They’re paying a much larger share of their income.”“There is something about film with which you can emotionally connect with people and open people’s minds and eyes and hearts,” Reich argued. “And on this issue of widening inequality there’s so much confusion, many people if they’re, you know, if they’re rightwing, they want to blame the poor, if they’re leftwing they want to blame the rich. There’s a lot of blame going around. But people are not looking at the actual structure of the economy as it’s evolving.”
we all know as republicans so proudly claim ownership of the strings to the public purse, just unwilling to admit that what they have been blaming Pres. for 5 years has actually been their spending that is out of control, not one has said anything about the republican witch hunts that cost millions and bear no fruit that money too is approved by congress, in fact they've rolled out the grand inquisitor Issa for another depletion of our purse.
meanwhile they get what they want, nothing for us and all the perks for them by keeping rich rich priceless
