Tuesday, September 17, 2013

The top.

Editor,

Corporate profits are at an all-time high.

Meanwhile, workers' wages have flat-lined or decreased since the 1980's as the lion's share of the United States' ever-burgeoning productivity has been vacuumed up by the 1%.

Since time immemorial, and certainly since FDR, corporations have hated paying livable wages or providing real-world benefits to their employees.

So it is no small wonder that corporations hate the employers' contribution to Social Security and Medicare and that they and their surrogates in the right wing of the Republican-Democratic party perennially argue that "Social Security and Medicare must be cut!"

But if the employers' contribution to FICA were raised by 0.5%, there would be zero problem with Social Security or Medicare for the foreseeable future.

Ditto if the cap above which earners do not pay FICA were raised.

Or if the cap were done away with entirely.

Do you not find it remarkable that multi-multi-billionaires and multi-multi-billionaire corporations always seem to find a way to blame the people at the absolute bottom of the net-worth scale for every economic problem facing the USA?

The problem is the people at the top.

Remember that.

The people at the top.

Re: "Congressional Budget Office Predicts Unsustainable Debt" (9/18/2013)

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