Thursday, February 17, 2011

War on the Employee

What is beginning to take place national and the state level is war on the worker especially the public sector employee.  What the politicians want to believe is that all the debt is the fault of the worker.  Their attack is not only against the employee but the unions.

Dr. Robert Reich puts things in perspective:

Last year, America’s top thirteen hedge-fund managers earned an average of $1 billion each. One of them took home $5 billion. Much of their income is taxed as capital gains – at 15 percent – due to a tax loophole that Republican members of Congress have steadfastly guarded.

If the earnings of those thirteen hedge-fund managers were taxed as ordinary income, the revenues generated would pay the salaries and benefits of over 5 million teachers. Who is more valuable to our society – thirteen hedge-fund managers or 5 million teachers? Let’s make the question even simpler. Who is more valuable: One hedge fund manager or one teacher?
Who is screwing who?  Who got the bail out?


No comments: