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Instead of watching rich people yell at one another, we should be talking about class in a meaningful way. (Credit: AP/Jacquelyn Martin/Seth Wenig/Photo montage by Salon)
The condition of late capitalism produces a press discourse strangely devoid of any mention of class. Last Thursday we had 10 rich white males on a debate stage seeking to represent the billionaire class (some 536 individuals in US, who have more wealth than the bottom half of the US population).
US billionaires are getting richer at a time when wages for working and middle class peoplehave not kept pace with increases in productivity. Working and middle class Americans, unlike the stock market (80% of which is owned by the top 20% of the population), have never recovered from the bust of 2008. And no, it was not caused by ordinary people trying to live above their means. It was caused by bankers who were venal and corrupt and stole enormous sums from the public.
So what did the would-be representatives of the super-wealthy want? They wanted to take away health care from tens of millions of Americans. Why would you want to do that? Having to contribute to health care for the US public is an inconvenience to the business classes, many of whom don’t want Obamacare.
They want to take away your medicaid and social security. Again, this step is in the interest of the super-wealthy who don’t want the government to run such large entitlement programs for fear that Washington will end up taxing them for the operation. (In fact, social security would be healthier if the wealthy had to pay into it according to full income; at the moment, there is a cut-off for payments, which saves the billionaires a lot of money.)
Please continue this article here: http://www.commondreams.org/views/2015/08/10/game-groans-how-focus-trump-taunts-hides-gop-war-middle-class-workers
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