U.S. Government Redistributes Wealth… to the Rich
For about thirty years now, the federal government has been implementing policies that take tax dollars from middle class Americans and give them to the rich, supposedly as a way to spur economic growth. Although Americans actually want greater economic equality, the net effect has been to redistribute wealth to the rich and create the most unequal developed society on earth.
According to a series of reports by Reuters, since 1989 inequality has risen all across the U.S. to levels not seen since before the Great Depression:
• Inequality has increased in every state except Mississippi, which is the poorest state in the Union;
• The poverty rate increased in 43 states;
• In 28 states inequality and poverty rose while median income fell;
• In every state, the richest 20% of households far outpaced the income gains of any other quintile;
• Income for the median household fell in 28 states.
Three specific aspects of federal policy—low taxes for the rich, outsourcing government functions to private companies, and the financial clout of Washington lobbyists—have been the major drivers of growing inequality.
Low taxes for the rich
Tax cuts enacted during the administrations of Presidents Ronald Reagan and George W. Bush cut taxes sharply on the wealthy, redistributing nearly $2 trillion to high income families—just in the past ten years. In 2011, the nonpartisan Congressional Budget Office and Congressional Research Service each studied income inequality and concluded that the cuts made the tax system less progressive and were the second biggest contributor to growing inequality.
Starting under President Bill Clinton’s “reinventing government” initiative, the federal government has directed trillions of tax dollars to private-sector contractors by outsourcing government operations that would previously have been performed by government employees. Federal money flowing to business rose 7% during Clinton’s second term and 72% percent under Bush, before leveling off in 2010. This has contributed to inequality because private employers typically offer lower skilled workers less job security, lower wages and fewer benefits than the federal government does.
Nearly 13,000 registered lobbyists reported $3.3 billion in fees last year. There are 22% more lobbyists than in 1998, and their inflation-adjusted revenue is 37% higher than in 1998. Because re-election to Congress is so expensive, the campaign contributions that lobbyists influence or control are critical to political survival on Capitol Hill. But lobbyists work overwhelmingly for groups representing social elites. According to a study led by Prof. Kay Schlozman, the majority of lobbying groups exist to advance the interests of business, while groups advocating for union workers and the poor came in last and second to last on the list.
2 Comments »
or go to
From the Archives
By James F. Tracy | Global Research | January 31, 2014
… Among the most vociferous agitators for the IPCC’s climate change orthodoxy are the foundation-funded, tax-exempt, progressive-left media that sit alongside the bevy of similarly tax-exempt, foundation-funded environmental organizations that together uphold and publicize the theory of CO2-based anthropogenic (human-caused) climate change (ACC). Self-professed as “independent,” “investigative,” even “educational,” the so-called “alternative media” turn a blind eye to seriously scrutinizing the highly questionable IPCC’s “scientific” review of the climatological literature and its implications for the array of ambitious programs and policies stealthily introduced throughout the industrialized world, many of which are seldom subject to popular plebiscite. Think “smart grid” and “smart growth.”
Logical questions from such apparently independent organs might include, “How does the IPCC produce its findings?” and “Who benefits?” Instead, there is an almost knee-jerk response on behalf of progressive-left editors and readerships to trust and support the UN group’s purportedly objective and meticulous review of the peer-reviewed climatological literature. … Read full article
Aletho News Original Content
By Aletho News | January 9, 2012
This article will examine some of the connections between the US and UK National Security apparatus and the appearance of the anthropogenic global warming (AGW) theory beginning after the accident at Three Mile Island. … continue
Also by Aletho News:
March 8, 2011
February 25, 2010
February 7, 2010
December 26, 2009
December 4, 2009
May 9, 2009
Visits Since December 2009
- 2,812,740 hits
Follow Aletho News on TwitterMy Tweets
rediscover911com on German Government ‘Has a… Brian Concannon on German Government ‘Has a… traducteur on US Public Discourse Slipping F… Anthony Clifton on CIA Tries to ‘Edit the P… Anthony Clifton on US Public Discourse Slipping F… Michael\\ on Climate Science: Is it Current… Brian Harry, Austral… on Will TPP End Up Dead Without t… roberthstiver on Trump’s Foreign Policy: An Unw… Unpogo on Karl Rove’s Prophecy Brian Harry, Austral… on US drone strikes in Yemen, abs… lolathecur on Trump has Opportunity to End O… Richard Gonzalez on Trump has Opportunity to End O… Greg Bacon on CIA Tries to ‘Edit the P… Brian Harry, Austral… on CIA Documents Confirm Yom Kipp… Bill MItchell on Kerry won’t apologize for Hiro…
- German Government ‘Has a Problem With Critically-Minded Citizens’ January 24, 2017
- US Public Discourse Slipping Further from Reality January 23, 2017
- Ukraine Leader’s Remarks on Minsk Pact Contradictory – Lavrov January 23, 2017
- The Last Days of Obama: Napoleonic Maneuvers at the Security Council January 23, 2017
- Theresa May must explain Trident malfunction ‘cover up,’ say opponents January 23, 2017
- Karl Rove’s Prophecy January 23, 2017
- Will TPP End Up Dead Without the US? January 23, 2017
- Trump’s Foreign Policy: An Unwise Inconsistency? January 23, 2017
- #StopCETA: Thousands protest EU-Canada trade deal in demos across Europe January 22, 2017
- Some 1,000 People Participated in Anti-NATO Protest in Northeastern Italy January 22, 2017
- Belgrade Breathes Easier As Trump’s Win Marks End to Clinton-Era Interventionism January 22, 2017
- US drone strikes in Yemen, absolutely atrocious: Analyst January 22, 2017
- Trump has Opportunity to End Obama/Clinton Weapons Sales to Anti-Woman Tyrants January 22, 2017
- Mainstream British Press Propaganda Ramps Up Dangerous War Rhetoric January 22, 2017
- Nuclear cover-up: Failure of Trident ballistic missile test near US coast – report January 22, 2017
- France’s Self-Inflicted Refugee Crisis January 22, 2017
- CIA Tries to ‘Edit the Past’ With Release of Declassified Documents on Internet January 21, 2017
- Economist can’t handle the facts (about RT) January 21, 2017
- Secret Government – The Constitution In Crisis (1987) January 24, 2017
- Now Donald is president: an open discussion January 22, 2017
- Pannell Beaters… January 20, 2017
- This week the issue is not Trump. It is ourselves. January 19, 2017
Looking for something?
Categories"Hope and Change" Aletho News Book Review Civil Liberties Corruption Deception Economics Environmentalism Ethnic Cleansing, Racism, Zionism False Flag Terrorism Full Spectrum Dominance Illegal Occupation Islamophobia Mainstream Media, Warmongering Militarism Nuclear Power Science and Pseudo-Science Solidarity and Activism Subjugation - Torture Supremacism, Social Darwinism Timeless or most popular Video War Crimes Wars for Israel
Tags9/11 Afghanistan Africa AIPAC al-Qaeda Argentina BBC Benjamin Netanyahu Brazil Canada Central Intelligence Agency China CIA Colombia Cuba Da’esh Donald Trump Egypt EU European Union FBI Federal Bureau of Investigation France Gaza Germany Hamas Hebron Hezbollah Hillary Clinton Honduras Human rights India International Atomic Energy Agency International Solidarity Movement Iran Iraq Iraq War ISIL ISIS Israel Israeli settlement Japan Jerusalem John Kerry Latin America Lebanon Libya Mexico Middle East Military National Security Agency NATO New York Times NSA Obama Pakistan Palestine Police Press TV Qatar Russia Sanctions against Iran Saudi Arabia Syria Turkey UK Ukraine United Nations United States USA Venezuela Washington Post West Bank Yemen Zionism
Contact:atheonews (at) gmail.com
This site is provided as a research and reference tool. Although we make every reasonable effort to ensure that the information and data provided at this site are useful, accurate, and current, we cannot guarantee that the information and data provided here will be error-free. By using this site, you assume all responsibility for and risk arising from your use of and reliance upon the contents of this site.
This site and the information available through it do not, and are not intended to constitute legal advice. Should you require legal advice, you should consult your own attorney.
Nothing within this site or linked to by this site constitutes investment advice or medical advice.
Materials accessible from or added to this site by third parties, such as comments posted, are strictly the responsibility of the third party who added such materials or made them accessible and we neither endorse nor undertake to control, monitor, edit or assume responsibility for any such third-party material.
The posting of stories, commentaries, reports, documents and links (embedded or otherwise) on this site does not in any way, shape or form, implied or otherwise, necessarily express or suggest endorsement or support of any of such posted material or parts therein.
The word "alleged" is deemed to occur before the word "fraud." Since the rule of law still applies. To peasants, at least.
This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more info go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.
This is information for anyone that wishes to challenge our “fair use” of copyrighted material.
If you are a legal copyright holder or a designated agent for such and you believe that content residing on or accessible through our website infringes a copyright and falls outside the boundaries of “Fair Use”, please send a notice of infringement by contacting firstname.lastname@example.org.
We will respond and take necessary action immediately.
If notice is given of an alleged copyright violation we will act expeditiously to remove or disable access to the material(s) in question.
All 3rd party material posted on this website is copyright the respective owners / authors. Aletho News makes no claim of copyright on such material.
Site infoAletho News
Blog at WordPress.com.