We need our strengths for getting out of debt

We need our strengths for getting out of debt, but our interest in politics is a related issue as it pertains to how that’s possible. When it comes time to vote, we should know on which side our bread is buttered. As civilized people, we shouldn’t want to return to a society without safety nets. Our capitalist culture is supposed to support risk and enterprise and with government support, good things happen for people and the country. The frontier ethics of “every man for himself” and “winner take all” don’t help the society or individuals, save for a few who are either lucky or bullies.

Proof of this is the fact that upward mobility in America has recently been proven to be a myth. It used to be the case and certainly it happens (we’re still a land of opportunity – for immigrants!), but many of the more socialist countries of Europe offer a much better climate for climbing the economic ladder, even with their tremendous taxes. This is because the people there are largely immune from the risks that we face here and the fact that the wealthy here have managed to yank the ladder up behind themselves.

Most Americans are only a few pay checks or a serious illness away from bankruptcy, so it’s not only because we can’t keep our hands off of plastic. Remember that the greatest creation of broad based wealth and prosperity the world has ever seen was from 1936 to 1980 while the top income tax rate was from 70 to over 90 percent, so the claim that lowering taxes for the rich will stimulate growth is a proven myth. The only thing that trickles down is the responsibility, not wealth.