Friday, June 3, 2011

TRICKLE DOWN ECONOMICS 2.

America has more millionaires than any country in the world, although, other countries are catching up. However, when it comes to lawmakers in Washington D.C., close to half of all the members of Congress are millionaires.

They call the Senate the "millionaire's club."; and there are 100 of them right there; but let us be realistic and say that just half of them fit the category.

"RICHTER: The median U.S. family has a net worth of about $120,000. For the average member of the U.S. House of Representatives, it's $666,000. So that goes to show that in terms of the representativeness of the U.S. Congress, there's a lot of rich people there and very few average folks.". (Stephan Richter of The Globalist).

Like "the oligarchs and plutocrats" in Wall Street and elsewhere, their (Congressmen and women) lifestyles are totally different from what a large percentage of Americans can ever visualize under any circumstance. For starters, they dress well and feed well; they and their families too.

To them, money is no object, when they come out of their individual homes each morning to face life. They can afford anything that tickles their fancy, from dining on fresh water salmon with caviar sauce and baked potatoes to broiled sirloin and steamed brown rice, after a hefty breakfast of poached eggs and French toast; and chasing it with California red wine.

They belong to the best health clubs; and so they exercise frequently in surroundings that are opulent and clean, with marble spas and modern gym equipment. Their health benefits are assured, because of the top class health insurance plans they possess. They can see any medical specialist they prefer, for any reason, and on short notice.

Their families, and particularly their wives, shop "by appointment only"; meaning that everything they see around them could be theirs, and all they have to do is to ask, and it will be added to their open ended account; from dresses to shoes, suits and silk ties, cars and jewelry, including diamonds; of course, among others.

One has often heard the saying, "the rich gets richer; and the poor gets poorer". That is not just a saying, but a matter of fact; and there are statistics to prove that point, showing the imbalance in society in economic terms.

From their vantage point, to consider being poor never crosses their mind; and to think of ordinary persons, and the need for them to live or die becomes secondary. They have nothing to worry about, but only to make laws that will affect other peoples' lives.

That is the contrast between those of us who are struggling to survive on public programs, like Medicare, Medicaid and Social Security; and it (contrast) is derived from trickle down economics; where the top citizens always deserve the best, in cash and goods; and the poor, the sick and the needy can go to hell.

President Reagan, a Democrat turned a Republican, happened to be the stalwart proponent of it. Therefore, his fellow Republicans continue to advance that ideology, even as we speak (or type).
However, must that be tolerated? That is the question ordinary folks must concern themselves with, when they enter the polling booth on any election day. The answer must lie in voting for those who will cater to the needs of others.

Some think America is broke; but with some of the best brains in the world in Congress, every problem can be dealt with, if members will set politics aside and do what is required to get the enormous deficit down to help the nation's economy to grow rapidly once more.

That is the other snapshot of what is coming out of Washington D.C. Put it in your pipe and smoke it, Representative Paul Ryan.

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