"The Rich Get Richer, And the Poor Get Poorer"

"The rich get richer and the poor get poorer" Everyone has heard that quote before, but what does it really mean, and how does it work? Bailouts, subsides and regulations, and tax cuts for the rich.
 Here's three examples of how its done.


 Government Bailouts.TARP ..The big Wall Street bailout, paid for by middle class America. The banks have been bailed out, and they are again receiving their big fat bonus's. This is the most blatant example there is.


Government Subsides..Its silently been going on for years though, through government subsidies and regulations to take your tax money and give to big business. Walmart.. Every time a walmart goes up it is financed in part by taxpayers through economic development subsidies from state and local governments. Taking money from schools and programs that help the middle class.


 Tax Cuts for the rich. The Bush Tax Cuts. Families in the middle who had average incomes of $56,200 in 2004, saw their average effective tax rate edge down to 2.9 percent in 2004 from 5 percent in 2000. That translated to an average tax cut of $1,180 per household, but the tax rate actually increased slightly from 2003. Tax cuts were much deeper, and affected far more money, for families in the highest income categories. Households in the top 1 percent of earnings, which had an average income of $1.25 million, saw their effective individual tax rates drop to 19.6 percent in 2004 from 24.2 percent in 2000. The rate cut was twice as deep as for middle-income families, and it translated to an average tax cut of almost $58,000..


 Put the three together.. Your rich own major stocks in banks and big business(which is deregulated.. I'll cover this topic soon) and went buck wild plundering the middle class with sub prime loans and bad investments...then got the life raft by Bush called TARP (our tax dollars) while all along receiving government blessed subsidies (our tax dollars again) every time they open a new store (walmart the Walton family) or we go to war (Halliburton Dick Cheney). Throw in the Bush tax cuts, where the top 1% pay less tax dollars and receive more of yours and you have how the rich get richer, while the poor get poorer.

We can put a stop to all this insanity. We Vote. Each and everyone of us. There's far more of us than them. Why should we allow our country to be ran for just them? We use our voices to demand change. We cannot depend on one man to do this for us.. This is bigger than him. This will require all of us to stand up, say NO to the top 1% and the politicians they own.