SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
To donate by check, phone, or other method, see our More Ways to Give page.
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
Whenever Republicans are at risk of not getting their way for their millionaire constituents, they cry "class warfare."
So it was that House Minority Whip Eric Cantor just whipped out the
old accusation again in the Wall Street Journal, blaming the Democrats
and "the progressive left" for "provocative class warfare rhetoric."
What Cantor doesn't like is the rhetoric.
But he's content with the class warfare, because his class keeps winning, battle after battle, war after war.
Whenever Republicans are at risk of not getting their way for their millionaire constituents, they cry "class warfare."
So it was that House Minority Whip Eric Cantor just whipped out the
old accusation again in the Wall Street Journal, blaming the Democrats
and "the progressive left" for "provocative class warfare rhetoric."
What Cantor doesn't like is the rhetoric.
But he's content with the class warfare, because his class keeps winning, battle after battle, war after war.
Look how much ground the richest of the rich have gained from the
Bush tax cuts, which the Republicans are so intent on keeping for this
cohort. The top 0.1 percent of Americans gained more than $2,326,607 a
piece, whereas people making between thirty and forty thousand gained
only $7,040, according to a great chart in Sunday's New York Times Week in Review.
"Over the past three decades, income inequality has grown dramatically," notes a recent report by the Joint Economic Committee of Congress.
"After remaining relatively constant for much of the post-war era,
the share of total income accrued by the wealthiest 10 percent of
households jumped from 34.6 percent in 1980 to 48.2 percent in 2008.1
Much of the spike was driven by the share of total income accrued by the
richest 1 percent of households. Between 1980 and 2008, their share
rose from 10.0 percent to 21.0 percent, making the United States as one
of the most unequal countries in the world."
Over the last decade, most Americans have been losing ground, with real wages stagnating and household incomes falling.
"Real median income for working-age households is now $4,925 below its peak in the year 2000," according to the Economic Policy Institute.
Right now, they are desperate for tax cuts, and those tax cuts would inject a lot of money into the economy.
Whereas, the top 0.1 percent aren't desperate for tax cuts; they're just greedy.
But in our economy, and in our political system, it's the richest and
the greediest who win the class war, no matter what you call it.
Trump and Musk are on an unconstitutional rampage, aiming for virtually every corner of the federal government. These two right-wing billionaires are targeting nurses, scientists, teachers, daycare providers, judges, veterans, air traffic controllers, and nuclear safety inspectors. No one is safe. The food stamps program, Social Security, Medicare, and Medicaid are next. It’s an unprecedented disaster and a five-alarm fire, but there will be a reckoning. The people did not vote for this. The American people do not want this dystopian hellscape that hides behind claims of “efficiency.” Still, in reality, it is all a giveaway to corporate interests and the libertarian dreams of far-right oligarchs like Musk. Common Dreams is playing a vital role by reporting day and night on this orgy of corruption and greed, as well as what everyday people can do to organize and fight back. As a people-powered nonprofit news outlet, we cover issues the corporate media never will, but we can only continue with our readers’ support. |
Whenever Republicans are at risk of not getting their way for their millionaire constituents, they cry "class warfare."
So it was that House Minority Whip Eric Cantor just whipped out the
old accusation again in the Wall Street Journal, blaming the Democrats
and "the progressive left" for "provocative class warfare rhetoric."
What Cantor doesn't like is the rhetoric.
But he's content with the class warfare, because his class keeps winning, battle after battle, war after war.
Look how much ground the richest of the rich have gained from the
Bush tax cuts, which the Republicans are so intent on keeping for this
cohort. The top 0.1 percent of Americans gained more than $2,326,607 a
piece, whereas people making between thirty and forty thousand gained
only $7,040, according to a great chart in Sunday's New York Times Week in Review.
"Over the past three decades, income inequality has grown dramatically," notes a recent report by the Joint Economic Committee of Congress.
"After remaining relatively constant for much of the post-war era,
the share of total income accrued by the wealthiest 10 percent of
households jumped from 34.6 percent in 1980 to 48.2 percent in 2008.1
Much of the spike was driven by the share of total income accrued by the
richest 1 percent of households. Between 1980 and 2008, their share
rose from 10.0 percent to 21.0 percent, making the United States as one
of the most unequal countries in the world."
Over the last decade, most Americans have been losing ground, with real wages stagnating and household incomes falling.
"Real median income for working-age households is now $4,925 below its peak in the year 2000," according to the Economic Policy Institute.
Right now, they are desperate for tax cuts, and those tax cuts would inject a lot of money into the economy.
Whereas, the top 0.1 percent aren't desperate for tax cuts; they're just greedy.
But in our economy, and in our political system, it's the richest and
the greediest who win the class war, no matter what you call it.
Whenever Republicans are at risk of not getting their way for their millionaire constituents, they cry "class warfare."
So it was that House Minority Whip Eric Cantor just whipped out the
old accusation again in the Wall Street Journal, blaming the Democrats
and "the progressive left" for "provocative class warfare rhetoric."
What Cantor doesn't like is the rhetoric.
But he's content with the class warfare, because his class keeps winning, battle after battle, war after war.
Look how much ground the richest of the rich have gained from the
Bush tax cuts, which the Republicans are so intent on keeping for this
cohort. The top 0.1 percent of Americans gained more than $2,326,607 a
piece, whereas people making between thirty and forty thousand gained
only $7,040, according to a great chart in Sunday's New York Times Week in Review.
"Over the past three decades, income inequality has grown dramatically," notes a recent report by the Joint Economic Committee of Congress.
"After remaining relatively constant for much of the post-war era,
the share of total income accrued by the wealthiest 10 percent of
households jumped from 34.6 percent in 1980 to 48.2 percent in 2008.1
Much of the spike was driven by the share of total income accrued by the
richest 1 percent of households. Between 1980 and 2008, their share
rose from 10.0 percent to 21.0 percent, making the United States as one
of the most unequal countries in the world."
Over the last decade, most Americans have been losing ground, with real wages stagnating and household incomes falling.
"Real median income for working-age households is now $4,925 below its peak in the year 2000," according to the Economic Policy Institute.
Right now, they are desperate for tax cuts, and those tax cuts would inject a lot of money into the economy.
Whereas, the top 0.1 percent aren't desperate for tax cuts; they're just greedy.
But in our economy, and in our political system, it's the richest and
the greediest who win the class war, no matter what you call it.