(Comment from Ben):

In the 1980s Ronald Reagan popularized a scheme he called “trickle down economics.” He claimed that government should support the big banks and corporations (the super rich) and that their wealth would “trickle down” to the poor people below.

It was a lie, and the charts below show the middle class and the poor are worse off today than they were in the 1980s. However, in these last 30 years the 1% (super rich) have more than doubled their wealth. The government has bailed out banks, financed multiple wars, built elaborate military bases in several countries, and runs a huge industry of spying on everyone in the world. The trillions of dollars spent on these projects went into the pockets of the fat cats. It didn’t “trickle down.” The system benefits the rich, not the poor or the middle class.

One percent of elite Americans control nine tenths of America’s wealth. And yet most Americans are still “proud” of this system. Go figure!

The super rich 1% love the “trickle down” con game. It was an intentional deception sold to America by Reagan, and sadly, a lot of gullible Americans fell for it. Many still hold to a silly dream that if they follow the party line of their political mentors they will someday be among the ranks of the 1%.

In worshiping the 1%, these pitiful sycophants are worse than stupid. They are corrupt at heart. They actually empower the deceivers because they, themselves, want to be elite deceivers. They lust after the so-called “good life.” They have no interest in the middle class. They have adopted the ethic that rich equals respectable. They ignore the fact that the richest 1% have achieved their ill-gotten wealth by cheating and stealing, and by waging war on helpless nations.

Americans admire and worship this elite class of usurers. But what the average American sycophant doesn’t realize is that he will NEVER be allowed into the ranks of the 1% … but he continues to fall for the con.

This character flaw is bound in the hearts of the majority of Americans today. This is what empowers the big crooks and lets them rule America. Americans worship them. Thus, instead of putting the big crooks in jail, or hanging them, the big crooks are admired and empowered to steal, deceive, and flaunt their powers … and Americans watch them and lust after them.

This injustice and imbalance of wealth will never be corrected by the crooks in government as long as this present criminal system is in place. Indeed, this system is what has brought the injustice and the imbalance of wealth shown by the charts below.

Rather, we need a different system that will outlaw the tactics of usury banking, wars of aggression, manipulation of markets, and a host of other immoral schemes of government.

Only a radical change like this can stop the crooks from robbing and pillaging the Earth.

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WHAT HAPPENED TO AMERICA?

It’s not hard to see why income inequality and middle class woes are in the spotlight these days.

The numbers tell the story. The richest Americans have seen their fortunes rise in recent decades. Everyone else has either been treading water or falling backwards.

That’s in large part because the wealthy have benefited from the soaring stock market and corporate profits. But wages, which the middle class depends on, have stagnated.

When it comes to income, the wealthy have captured a disproportionate share of the gains in recent decades.

In the most recent recovery, for instance, the income of the Top 1% soared 31.4%. The rest of America saw a miniscule 0.4% increase between 2009 and 2012, according to the most recent data available.

The middle class, meanwhile, has given up all the income gains it enjoyed during the tech boom of the late 1990s and the housing boom of the mid 2000s.

This, along with the lack of growth of average hours earnings in recent years, is one of the main reasons why Americans say they aren’t feeling the economic recovery.

Wealth has followed a similar pattern. The richest 20% have seen their wealth nearly double over the past 30 years, while the middle class’ net worth has ticked up less than 13%, according to Edward Wolff, professor at New York University. The poorest Americans have fallen into debt.

The rich now control 89% of the nation’s wealth, up from 81% in 1983. The middle class’ share has fallen to 12% from 18%.

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