4/3/13

Obama Economy Enriches Rich With Long Slow Drain of Poor


Nothing has fundamentally changed during the five years of the Obama administration to make life better for the poor. There are maybe 75 million poor Americans in a world of 7 billion souls. It is far easier for rich politicians to import legal and illegal alien workers at low wages and training costs than to invest tax dollars in creating jobs for long term unemployed or underemployed Americans. The Federal Reserve sends trillions of zero-interest dollars to rich banks to buy up distressed home mortgages; over-large homes at high prices and tricky terms lured the poor in before the trap snapped shut. The U.S. Government is an accomplice transferring wealth to the rich with outsourcing jobs still an attractive feature of Wall Street.

Soon public education will be outsourced too with far better math, science, foreign language and foreign history teachers appearing in U.S. classrooms at low-cost o high definition big screen TV's. There is no end to outsourcing and insourcing of laborers and laser scanner do it yourself checkers to replace wise-guy grocery clerks continues. The Obama administration down-sizes human economic rights for poor citizens and it's media sycophants with comfortable full employment sinecures proselytize social moral corruption an broadcast manure about ho the economy is getting better perennially.

Certainly Wall Street is swelling as if on Sugar Mountain with a Presidential sherpa helping energize the ascent, yet the prospects for new jobs for the poor still seem to be few to none with those that might arise being the traditional burger flipping minimum wage kind of semi-skilled thing created to fog the real economic outlook of poor and working class Americans. In the 20th century the Democrat Party was not an enemy of the U.S. poor and working class, as it now seems to be.

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