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eniwetok

(1,629 posts)

13. Why do the 90% permit the 10% to flourish while the majority suffers?

Fri Dec 23, 2016, 02:22 PM

Dec 2016

Well we know the GOP are the whores for the interests of corporations and the uber-rich. The REAL question is what's wrong with the Democratic Party.

I think Thomas Frank hit the nail on the head... that the corporate, neo-libs have bought into meritocracy and so they favor the professional class in that 90-99% range... and there's no solidarity in a meritocracy. They may be for social programs like ACA but they've been undercutting organized labor since the mid 80's with the DLC and especially when Clinton favored NAFTA.

So who's left that watches out for the bottom 50% if not for the progressive Dems?

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Social Security Interest Rates... an insult to workers and the disabled. [View all] eniwetok Dec 2016 OP

The problem is the government is loaning money to itself Johnathan146 Dec 2016 #1

No way... Wounded Bear Dec 2016 #2

Which is fine, but then we have to accept low interest rates Johnathan146 Dec 2016 #3

this is money held in trust... eniwetok Dec 2016 #5

I wonder if anyone's ever looked into the effect free trade and lower wages has on SS? eniwetok Dec 2016 #6

It has to have an effect... Wounded Bear Dec 2016 #9

I want no privitization... eniwetok Dec 2016 #11

other government bonds... hmmm eniwetok Dec 2016 #4

does this mean raising taxes... eniwetok Dec 2016 #8

The Reagan-Greenspan solution sab390 Dec 2016 #7

you're conflating 1981 and 1983 eniwetok Dec 2016 #10

How the hell can one plan for retirement..... Uben Dec 2016 #12

Why do the 90% permit the 10% to flourish while the majority suffers? eniwetok Dec 2016 #13

Thomas Frank can go to hell duffyduff Dec 2016 #15

you do realize that's not a valid argument, right? eniwetok Dec 2016 #20

First, SS isn't an investment. Igel Dec 2016 #14

never said it was an "investment" eniwetok Dec 2016 #16

The social security fund should never be invested in any thing but US Government instruments. rgbecker Dec 2016 #17

fair point about risk eniwetok Dec 2016 #18

I'm not concerned about return on trust fund. rgbecker Dec 2016 #19