“Trickle-up” is an accurate description of the present condition.
I want to mention “Reaganomics, trickle-down, and public safety, all in the same short post, so let’s talk about a “tipping point” in American history.
That point would be when Reagan ‘busted’ the Air Traffic Controller’s union. That single action began the long decline that American workers, of all varieties have been on ever since. It also marked a sharp increase in industrialists gaining more and more power over politics and government.
Reagan didn’t invent this stuff, it has always been a corporate tactic to bust unions and buy politicians, but Ronnie put such a spin on it, that it made people feel that it was okay and even damned patriotic.
Good, reliable data, charted and graphed, shows that time as the starting point of the decades long rise of corporate profits. At the same time that profits rose and the wealthy thrived, blue collar worker’s ‘real’ wages stagnated.
This entire scenario puts all in our society in an increasingly dangerous class-warfare that effects public safety. Our workers and therefor our society face a new phenomena: the “flat world”.
Thomas Friedman article here:
http://reginaphelps.com/pdfs/FlatWorld.pdf
In conclusion; The corporate buyout of American government has been complete for may years. Fox News conservatives would have you believe that regulation (protecting the public) is the big problem causing poor job growth, but that’s just not the case.
It is just this simple; we may pay $10 per hour, foreign companies may pay $10 a day. Our wages stay at the same level or decline while theirs slowly creep up. We are on our way to being the same waged employees as China and Mexico, or we will have no jobs at all.
Our middle class is disappearing into poverty while our corporate, financial and government masters get pushed up even farther into wealth and power.
Solutions? Hmmmm….
List a few common sense ideas to save our middle/lower economic classes, and I’ll bet I can find the Fox News footage demonizing those same ideas as unpatriotic, nanny-state government that is just seeking to hinder business from growing and employing here.
Middle/lower classes of white people are flocking to conservatism, drinking their kool-aid, and sealing their fate in serfdom for generations to come.
Stupid is, as stupid does.
The proliferation of talking heads and lobbyists leading the stupid into their own demise on the many new forms of media, almost guarantees the continuing gridlock in government, and class warfare from the top on the bottom.
Any progressive or populist solutions to the nation’s problems are always crushed by ‘Captain Obvious”, that is, by the overwhelming amount of money being spent on propaganda (talk radio, Fox News, PAC’s, etc.) that plays to the average person’s most base emotions while ensuring nothing sensible and logical is ever presented to them.