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> Making America work for the working poor

20 February 2006, 17:17

America DOES reward hard work: the hard work of financial manipulation. How many billions in bonuses are being paid out by the Wall Street brokerages for all the "effort" in 2005?
America’s problem is two-fold. First, the most capable Americans have lost sight of real value and real work. For the most part, the most creative and capable Americans are no longer creating wealth. They are "working the system" no differently, really, than a welfare brood-mare. Except that the dollars they "extract" from the system are a whole lot greater and they are lauded for their cleverness. Second, any sense of egalitarianism is gone. Simply gone. No more the notion that all workers, no matter how humble their work, are contributers to the social good and should not be made abjectly poor. America now has a vast cadre of working poor and a smaller, but significant complement of financial manipulators who are remunerated and heralded like oriental potentates. What’s the solution? Good question. Perhaps a complete financial meltdown. That’ll level the playing field, at least.