It's the Economy, Stupid.

on the economy
Yesterday, Hewlett Packard announced that they are cutting 14,500 jobs. Today, Kodak announced they were cutting 10,000 jobs.

But, fear not, Jobey readers! The unemployed need look no further than their local Wal-Mart for employment: 2005 Wal-Mart Openings.

This is the economy we're facing in the neo-conservative America. The current leadership in government is of the philosophy that there is nothing wrong with companies cutting jobs in America, shipping them overseas to reduce overhead, and calling it Free Enterprise. As a matter of fact, it's beginning to look as though they think of that as the American Dream. The good paying jobs are becoming fewer and fewer, the unions are weak, and the Wal-Marts multiplying.

Here's another bit of information worth your while: In the past 30 years, the wealthiest 1% in our country has seen an increase in earning by an average of 119%. In that same time, everyone in the bottom 60% has seen a drop in their income. This is not a healthy environment for a middle class.

The rich get richer, the poor get poorer. The right likes to write that off as communist propaganda, but the rich are getting richer and disproportionately so to the rest of the people. And, by the way they conduct themselves in society, they seem to want to make as much money for themselves as they can without caring about the responsibilities they have to the community with that wealth. They get tax cuts. They cut those jobs at their companies that are cutting too deep into their profits.

There are positive things wealthy people do for society. Many are philanthropic and help their communities, but the high-concentration of wealth at the top of the spectrum becomes a burden democracy cannot bear.