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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: willcousa who wrote (328883)12/13/2002 5:30:14 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769669
 
Re: "You must be pretty disappointed in the democrats then. Their actions from the great society forward have been an abysmal failure in terms of helping the poor."

>>> I don't admire failure.

>>> For much of the 20th. Century - in fits and starts - the gap between the richest Americans and the Poorest has been widening. Currently, more of the nation's wealth is in the hands of the richest few than during the great Age of the Robber Barons at the end of the 19th. Century, and the start of the 20th.

>>> Rising tides lift all boats, of course, and *over-all* median incomes are still rising but... historically, incomes and the entire American economy itself, grow fastest when the American middle class is itself growing the fastest.

>>> So I am worried when our growth is not optimum... when we are not forging ahead as well as we are capable of.

>>> Also, at the end of the Age of Robber Barons, there was a reaction against their excesses, and excessive accumulation of wealth. 'Classism' and social conflict was on the rise. It would be a shame to see all of that again, with a new Plutocracy.