Posted 4 years ago on Oct. 6, 2011, 7:22 p.m. EST by IonU
from Stratford, CA
This content is user submitted and not an official statement
There is no one reason for these people who are protesting, there have been so much in the last 10 years, this is just one fed up nation of people.
This is a pivotal moment in the history of our country. Decisions are being made about the national budget that will impact the lives of virtually every American for decades to come. It would be unconscionable, however, that this agreement would place the entire burden on working families and some of the most vulnerable people in our country. At a time when the rich are becoming richer, when the effective tax rates for the wealthiest people--at 18 percent--are about the lowest on record, at a time when the top 2 percent have received hundreds of billions of dollars in tax breaks, at a time when corporate profits are at an all time high and major corporations making billions of dollars in profits are not paying a nickel in taxes, Elected officials from both parties, in their approach toward deficit reduction, do not ask the wealthiest people in this country or the largest corporations to contribute one penny toward deficit reduction. This is not only immoral, it is bad economic policy and it is costing the U.S. hundreds of thousands of jobs As we address the issue of deficit reduction we must not ignore the painful economic reality of today - which is that the wealthiest people in our country and the largest corporations are doing phenomenally well while the middle class is collapsing and poverty is increasing. In fact, the United States today has, by far, the most unequal distribution of wealth and income of any well to do country on earth. Everyone understands that over the long-term we have got to reduce the deficit - a deficit that was caused mainly by Wall Street greed, tax breaks for the rich, two wars, and a prescription drug program written by the drug and insurance companies. It is absolutely imperative, however, that as we go forward with deficit reduction & savage cuts in desperately-needed programs for working families, the elderly, the sick, our children and the poor, and not asking the wealthiest among us to contribute one penny.??? America will become a country in which you can never retire—and once you physically can no longer work, you are desperately poor until you die. That is a radical change to our society.
All these cuts, just to fund more tax cuts for people who are richer than any people have ever been in the history of the world. It’s a vision in which workers have no protections from their employers, ordinary Americans have no access to the courts when they’re wronged, and big corporations control everything from our media to the Internet to our democracy. It’s ludicrous!