Jon Stewart put it nicely. Now filmmaker Michael Moore takes the gloves off. Visiting Madison, Wisconsin this Saturday, he told the crowd “America isn’t broke.” Rather, the money that used to run the country simply got siphoned out of the system and put into unproductive Wall Street accounts. Strong words, but if you consider that most US corporations pay no US taxes, that billionaire hedge fund managers pay far lower taxes than the rest of you, that we’re preserving the unsustainable Bush tax breaks that overwhelmingly benefit the extremely wealthy, then you start to think about our national deficits and Wisconsin’s battles with teachers in a different light.
Make no mistake about it. The deficits are a real problem. And any truly excessive perks for public workers should be cut. But the middle class shouldn’t bear the sole brunt of the national sacrifice. And, so far, that’s all we see. Main Street took the hit in 2008 while Wall Street walked. And that’s what’s happening again…
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