The Reformation Will Come In The Twilight Of The Elites

The reformation of income inequality in the U.S. will come from the loving elites who will finally escape from their illusion of self and extend their transformed hands/hearts to the brothers and sisters of this broken land and the body of life will swim in this new sea of interdependence, with beautiful equality in every stroke. They will come down from the mountains to the the valleys where no longer will the impoverish seek refuge in cheap beer,drugs and food pantries.

In "Twilight of the Elites" by Chris Hayes,the reformation will come in the redistribution of wealth from the top ten percent income earners who will accept tax rate increases(was 70% under Carter,now 35% and falling) but will also increase the minimum wage by 50% and pension payouts(Social Security).The legislatures will give cash subsidies to the lower 10% income earners as long as parents send their kids to school and go for regular checkups at free clinics throughout our country.According to Hayes this will stimulate the economy and bring a 11% income increase to the top 10% and an additional 72% increase to the lower 10%.

Hayes was really writing about Brazil's statistics that was a reality from 2003 to 2008 due to the Lula government that made this transformation possible.The Bolsa Familia progressive tax did change the social outcomes for many of it's citizens by being rational and having common sense compassion, so lacking in our own country today.Every Keynesian approach to our various recessions have been successful because spending is always greater for the poor because they need every cent to survive and maintain their meager standard of living. By placing money in the hands of the poor and the upper lower class, it generates demand that leads to increase profits and expansion for companies. The rich continue to increase their earnings while the lower classes bring stability to their lives and the health of the country. From 1947 to 1979, our employment statistics show that 34% of the workforce were in unions. Unions, like the increase in the minimum wage,  influences rates of pay in all sectors of the workforce. During that time period(Great Compression), family income grew by 20% for the poorest income earners. As we know today, 10% of the top income earners captured all of the income gains while the bottom 90% declined.Wages,benefits and work opportunities have been diminished considerably since 1979. Government spending creates an environment of consumption and demand that increases incomes of businesses that will promote expansion and the creation of more quality jobs with incomes to spend on more goods and services.Austerity slows this process down and  hinders the expansion of business because the aggregate demand declines and incomes are depressed.

In our present political environment,Hayes feels the only hope for a transformation of this kind will come if the left(Wall St.insurrectionists) and the right(Tea Party) come together against the special interests that distort the priorities of our citizens and control our politics with money and influence.Both groups united against the wars in Afghanistan and Iraq because they cost too much in money and lives. If our economy declines more and the upper middle class starts to really feel the effects through the eyes of their children ,with denied access to appropriate work with their educational background , political combat might be waged at the polling stations and in the halls of congress. Selfishness will lose in the end because Americans want equal opportunity and outcomes.