Posted 10 years ago on Jan. 31, 2012, 3:18 p.m. EST by 99PercentFriendly
This content is user submitted and not an official statement
It used to be that politicians and corporations had some self-restraints when it came to how much they squeezed an average family for profits, because they were smart enough to realize that if they put too much pressure on people they would kill the golden goose that had made them so rich and powerful to begin with. Back then somehow it was commonly accepted that an average family could only pay a certain percentage of their income for each of the necessities of life, such as food, housing, healthcare, transportation, education, and entertainment, and so it was possible for someone with an average income to start a family and enjoy having a semi comfortable life.
But then the one percent got too greedy, corporations started to maximize their profits by squeezing every last dollar out of the 99 percent. The average family that at one time was able to make their mortgage, insurance, and car payment and still manage to put their kids through college and even take a family vacation found themselves increasingly under pressure to the point that now they have to choose between putting food on the table or paying their mortgage payment.
To make it even worse the one percent started punishing the 99 percent by laying them off their jobs, foreclosing on their homes, and by canceling their health benefits. Once the one percent realized that they couldn’t squeeze any more dollars out of the 99 percent they decided to bypass the whole capitalist economy and go after the money directly by bailing themselves out with the help of their politician friends.
No matter how you look at it the 99 percent has gotten a raw deal in this game because the one percent has been allowed to tear apart the fabric of the society and economy just to feed their never ending greed.
The social and economic inequality that is now allowing the one percent to get even richer as the 99 percent get pushed further down in to poverty has to end. We need peaceful and constructive reforms to make sure that everyone can live and function with dignity and have a certain standard of living and quality of life without being at the mercy of the greed and agendas of the one percent.