pearwaldorf: donna noble looking up at something. light falls on her face from above (Default)
[personal profile] pearwaldorf
Bill Moyers's speech at the Inequality Matters Forum at NYU

No one in official Washington seems embarrassed by the fact that the gap between rich and poor is greater than it's been in 50 years -- the worst inequality among all western nations. Or that we are experiencing a shift in poverty. For years it was said those people down there at the bottom were single, jobless mothers. For years they were told work, education, and marriage is how they move up the economic ladder. But poverty is showing up where we didn't expect it -- among families that include two parents, a worker, and a head of the household with more than a high school education. These are the newly poor. Our political, financial and business class expects them to climb out of poverty on an escalator moving downward.

...

And they are proud of what they have done to our economy and our society. If instead of practicing journalism I was writing for Saturday Night Live, I couldn't have made up the things that this crew have been saying. The president's chief economic adviser says shipping technical and professional jobs overseas is good for the economy. The president's Council of Economic Advisers report that hamburger chefs in fast food restaurants can be considered manufacturing workers. The president's Federal Reserve Chairman says that the tax cuts may force cutbacks in social security - but hey, we should make the tax cuts permanent anyway. The president's Labor Secretary says it doesn't matter if job growth has stalled because "the stock market is the ultimate arbiter."

You just can't make this stuff up. You have to hear it to believe it. This may be the first class war in history where the victims will die laughing.

Profile

pearwaldorf: donna noble looking up at something. light falls on her face from above (Default)
a very Nietzschean fish

July 2025

S M T W T F S
  12345
6789101112
13141516171819
2021222324 2526
2728293031  

Style Credit

Expand Cut Tags

No cut tags
Page generated Mar. 10th, 2026 01:31 pm
Powered by Dreamwidth Studios