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Who Killed the Middle Class?

BogusName Wrote: Feb 21, 2013 6:54 AM

-"Late 19th century" Happened after the free traders in the south were killed en masse, and the highest tariffs in American history were passed by the Lincoln Republicans. -"Immediately after WW2" Happened after Europe and Asia had been bombed into oblivion, so it didn't matter if tariffs were reduced. Those tariffs were reduced to find allies in the Cold War, it had nothing to do with free trade talking points but practical politics. -"The 1980's" micro-boom happened after a small amount of savings the rich had hoarded up was spent all at once. Notice how maintaining the low taxes on the rich past the 1980's didn't do anything additional since the rich had already spent their hoarded dragon gold.

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Who Killed the Middle Class?

"It is our generation's task, then, to reignite the true engine of America's economic growth -- a rising, thriving middle class."

So said Barack Obama in his State of the Union.

And for one of his ideas to reignite that engine, Republicans applauded.

"And tonight, I am announcing that we will launch talks on a comprehensive Transatlantic Trade and Investment Partnership with the European Union -- because trade that is free and fair across the Atlantic supports millions of good-paying American jobs."

One wonders if any of those in the hall who rose robotically at the phrase "free and fair" were...

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