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Robert Schwab

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Only Voters Can Save Middle Class America

Posted: 12/01/11 04:36 PM ET

It's not often that news, analysis and even your friends' opinions converge to make clear what's been happening to make the American voter so damned mad!

Here's Floyd Norris from the New York Times on Sunday:

"In the eight decades before the recent recession, there was never a period when as much as nine percent of U.S. gross domestic product went to companies in the form of after-tax profits. Now the figure is over 10 percent. During the same period, there never was a quarter when wage and salary income amounted to less than 45 percent of the economy. Now the figure is below 44 percent."

Here's Benjamin Wallace-Wells in a New York Magazine profile of Mitt Romney's record as an executive at Bain Capital, a company he helped create:


"Romney was also a business revolutionary. Our economy went through a remarkable shift during the eighties as Wall Street reclaimed control of American business and sought to remake it in its own image. Romney developed one of the tools that made this possible, pioneering the use of takeovers to change the way a business functioned, remaking it in the name of efficiency."

And here is Tim Correll, a lawyer friend of mine who has a sharp eye for what is happening as the sand washes out from under the feet of middle class America:

"I've had it with these class villains who argue that the one percent are 'job creators' who won't create jobs if they get a tax increase. For starters, lets note that entrepreneurs don't create jobs, consumers create jobs. Our greatest job growth over an extended priod of time took place from 1950 to 1980. During that time the top marginal tax rate was 90, yes, that's right, NINETY, percent -- 90%, but we had soldiers coming home, unemployed men who were skilled in the scutty blue-collar skills of war, but we funded the GI bill (with those taxes on the one percent) and those GIs went to school and bought houses and spent money and the economy grew and grew and grew. (I'm 67 years old and through all my growing up years I never saw a year where my father -- a university professor -- didn't get a raise and things just kept getting better.)

"We built the interstate highway system, creating huge winners in the petroleum and automobile industry, cars went from $500 to $3,000, and gas went from $0.15 a gallon to $0.85 a gallon, and families went from riding buses to buying homes with two cars in the garage. That's what it was like when we built a nation where the cost was shared based upon everyone's ability to pay. Tax those constipated assholes that have no patriotism, no loyalty and think of no one but themselves, and -- you know what -- we'll be the better country we used to be, and they'll still make money."

I find it "amusing," as my friend Ken Bugosh would say, watching media types like Charlie Rose trying to make sense of the Occupy Wall Street movement when the destruction of the middle class has been a two-decade process that was hardly invisible. "News to me!" the mainstream media is saying now, which is as much a symptom of that industry's decline as is the fact I now read the Denver Post online.

News becomes news nowadays only when New York, and, yes, Wall Street, finally notices. But it takes good journalists like Norris to document the little recognized, big-picture facts that accumulate along the way of a nation's decline. And by documenting them, make possible the opportunity for the nation to react to such statistics.

It takes American politicians, however, much too long to read the tea leaves and actually enact legislation to change the things that are happening to us. And yet, if only the political elite would wake up to voters' needs, even our current Congress and state legislature in Colorado still have time to make important changes that will shape our future.

The Romney profile was the first piece of journalism I have seen that actually showed why and how he became a wealthy businessman, a credit he now claims qualifies him to become the next president. But the story shows, too, just how soulless Romney's policy making becomes because he values the American investor over the American worker.

Yesterday, I asked a Hispanic receptionist at a business I was visiting whether she would vote for Obama, and she quickly shook her head: no, no, no. I left saying, Well, don't forget who you will be voting for then!

If Mitt Romney is the Republican nominee opposing Obama's re-election, then perhaps the stark difference between a president who cares for all the American people and a candidate whose life has demonstrated his disregard for common people and overwrought concern for the wealthy will be prominently illustrated by the television campaign ads sure to accompany the 2012 election campaign.

Let's hope so. Because news and analysis and even the opinions of friends converge to provide a stark illustration of what truly is happening in America today. The nation's common-man soul is being crushed by the success of wealth in these United States.

Only the American voter can reverse that tragic trend.

 

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11:16 AM on 12/02/2011
The middle class of America are characterized by the work ethic and fiscal responsibility instilled in them by the previous generations. America was built on the promise of the opportunity for upward mobility. Our ancestors worked hard and saved so that the next generation could move up and have a better life. They did not buy homes until they had 20% down. They did not buy a TV with money they did not have. They worked 2 jobs so their families had food and clothing. Today’s America expects that they can buy a home with no money down, can buy a TV with no money and doesn’t feel they should work as hard.

Do you really think government can save us? Perhaps you should look at what has happened since LBJ and the creation of the entitlement generation.
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Robert Schwab
04:47 PM on 12/03/2011
Thanks to all of you for your comments. I really don't believe Americans have become at all dependent on the government, but I do think they expect the government to help people who need help when they need it, to better the lot of all of us.
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Cornell33
09:53 PM on 12/01/2011
Great article and so right on target. For some reason, people don't see what the republican party is all about. The wealthy, corporations and oil companies. There do not care anything about the middle class or the poor, but for some reason alot of people really hate President Obama, when he has been trying to turn things around and the republicans keep blocking him at every turn. Hatred is very strong in today's environment, but people are so mad, but there are mad at the wrong person. Some people need to wake up before it is too late! Our country is at war, with our own people.
Wib
Liberal former Marine who loves fly fishing and is
09:41 PM on 12/01/2011
I hope you are right, but voters, for reasons I can never understand, like your Hispanic receptionist, often vote against their own best interests. Lies are all too often more appealing than facts and truth. However, the example the Republican controlled Congress, despite the Democratic majority in the Senate, and the example of the Republican candidates might just persuade Americans to vote for themselves this time.