Hightower -- America's Real Job Creators Are Broke

http://www.commondreams.org/view/2011/08/08

As narrators used to say in Western movies: "Meanwhile, back at the ranch..."

Our policymakers in Washington have totally lost sight of what's happening at the ranch. John Boehner's GOP-controlled House and Barack Obama's White House have agreed to slash trillions of dollars from the federal budget, as though that's America's most important need.

Bovine excrement! If they'd lift their vision to the countryside, even they could figure out that our great economic urgency is for the creation of good, middle-class jobs to get America moving again — moving upward and moving together.

Today, we are a dangerously disunited society. Elite CEOs and big investors are grabbing all the gains, leaving the vast majority mired in recession and facing falling incomes. Since the recession technically "ended" 18 months ago, corporate profits have zoomed, sopping up an unprecedented 88 percent of America's economic growth. Meanwhile, only one percent of the growth that we all help produce has gone to wages and salaries, the primary sources of income for 90 percent of us.

More at the link --

Give the man who has nothing a thousand dollars, he spends every dime to live.

But if you give the millionaire another million, he sticks it in his offshore bank account.

The problem here is that greed has blinded everyone that has any money at all and all they want is more for themselves not realizing that the golden goose is the little guy.

and I suck at economics.

They completely miss the connection between "workers" and "consumers." They order massive worker layoffs to improve their corporate bottom line and then bemoan the fact that consumers aren't buying their products. Just how stupid/crazy are they? Are these the great minds that will lead us out of these tough economic times?

Not bloody likely.