Posted 5 years ago on Oct. 6, 2011, 7:43 p.m. EST by MerchantofLight
from Chicago, IL
This content is user submitted and not an official statement
I do not understand why a man would care more for the plight of millionaires than that of his neighbor, his grandmother, his unemployed son
I do not understand how two percent of the population can successfully portray as evil and wasteful the very expenditures that make life bearable and even possible at some point in the lives of the vast majority of Americans.
I do not understand
where that two percent hopes to make its money once it has bankrupted our nation.
I do not understand who among the millions struggling to get jobs that don’t exist can accuse those who receive support from the state of laziness
I do not understand what induces half the population to support an elite that, having made their fortunes off this nation, refuse to give it a helping hand in its time of need
One of the most notorious capitalists in history, J.P. Morgan, poured out his own capital to keep the economy afloat on more than one occasion. Yet, today’s billionaires expect this whole society to bail them out, thus socializing their losses, yet refuse to pay higher taxes, thus privatizing their gains as much as possible.
How can anyone continue to support this ongoing quest of Republicans to rob millions of people of the support they depend on, rather than raise taxes on the top 2%? I cannot see how anyone can be convinced by an argument to withdraw funding from precious institutions like parks, schools, student loans, medicare, medicaid and unemployment, institutions that benefit over 90% of Americans, rather than ask our wealthiest citizens to pitch in a little more to get us through this crisis.
I can see why that 2% support this notion. Obviously the elite don’t need parks, they have property. They don’t need public schools, they have private ones. They don’t need student loans, they pay cash for college. They don’t need medicare or medicaid, they have the Mayo clinic. They don’t need unemployment, they don’t work for money, their money works for them. But we, the people, need these things. Yet the Republican plan seems to be to take these things from us, just when we need them the most, so that the top 2% can continue to enjoy tax breaks that should never have been given to them in the first place.
And please, Republicans, don’t feed me the old line about these people creating jobs. It makes a bunch of entitled trust fund babies sound like they’re all Henry Ford. In truth the Henry Fords are now corporations, entities legally distinct from their owners or shareholders. The role of the super rich largely has been reduced to investment. Most new jobs are created by nobodies (aka small business owners, who are currently being crushed!). Did those small businesses require investors and financiers? Of course! But investors would not have anything to invest in if it weren’t for those nobodies who open their own businesses, and the nobodies who buy their products.
The process of making a new job involves so many factors. I find it ridiculous that the wealthy take so much credit for something in which they have only the most basic interest. The small business owner invests all her money, her time, her energy, her life into her business. Her customers invest a sizable portion of the pittance they take home in her product. By comparison the billionaire has invested only a small portion of his money, which he comes by easily simply because he already has so much of it. Most have only a passing knowledge of what they’re even invested in. They leave such questions for experts to manage. Thus the argument that these people have earned the title of “job creators” is not only preposterous, it is obscene. Its like the cherry taking credit for the sundae just because it happens to be on top.