Government policies were critical to building the middle class and growing a middle class economy. However, the relationship between labor, business, and government has changed; and labor was left out of the process.
The collapse of the middle class and our rigged political system are connected. As wealth is in the hands of elites and corporations, they now are using that influence to rewrite laws and regulations that help them accrue greater wealth and power.
The middle class is disappearing very rapidly and economic inequality now threatens the American dream. Between 1979 and 2008, 100 percent of the growth in income went to the top 10 percent of Americans. A smaller middle class means greater inequality. Fifty-one percent of all workers in the U.S. make less than $30,000 a year.
What needs to happen? The American worker must look for new leadership that will address their issues. The U.S. Chamber of Commerce is all pro-business and anti-worker. Could it now be time to start a new party? If we had a People’s Party, it could bring up legislation that would address comprehensive policies that would help the American worker.
Government will continue to debilitate the American worker unless we wake up and elect people who care about working class people. We can only hope that sometime soon, people will start to see what happened to the American worker over the last 40 years.
The American worker does not need middle class tax cuts; they want an end to middle class pay cuts as well as the loss of respect.