I did ask the president when we could anticipate a decision on the Keystone pipeline,” said Oklahoma Gov. Mary Fallin, a Republican, the association’s chairwoman. “Finally, he did come back and say that he anticipates an answer one way or the other in a couple of months.
First and foremost, we have shifted the income tax burden in this country down. And understand that the share of income that people in the middle class and the upper middle class are paying is higher now than it was in the early ’60s, while for people at the very top it’s much lower. That means people can’t save, they can’t invest.
Secondly, we have completely eviscerated unions. Only about 7 percent of private production workers are in unions now, compared to in the mid 30s 40 years ago when we were much healthier economically. (All of our competitors, our major economic competitors are highly unionized. In Germany, executives have unions.) And that’s allowed companies to push down wages.
And then deindustrialization, closing our factories and sending them to China, has cost us the equivalent of every job of every kind in greater metropolitan Philadelphia. Two-point-eight million jobs—that’s just the jobs we lost to China. Then there’s Mexico and Vietnam and a lot of other places.
So we’ve been pursuing policies that have made the global-level capitalists very wealthy, and we’ve been doing so by doing terrible damage to the rest of the country.
Gates is a matter-of-fact, frills-free writer, the kind who can write with no irony that “what you won’t find in the report of the Iraq Study Group was how much fun we had.”
Like so much else we’ve been hearing from Government officials over the past many months we find we’ve been misled, at best, and lied to, at worst. No one believes a single thing the NSA says these days, yet the deceptions continue. Why? They ain’t fooling anyone, except maybe themselves.
The lack of trust is palpable and is leading to a deepening cynicism toward government. This is going to be one of the saddest legacies of Obama’s administration.