Skip to main content
  1. News
  2. Politics
  3. Government

Should the 1% head for cover?

See also

Asking the question "should the 1% head for cover?" The answer may well be that Americans will not stand for the status quo much longer before there is rebellion.

Most Americans are fed up with the extreme skewing of wealth in America that has forced Middle Class decline and has increased poverty without relief. That news comes from Ezra Klein at The Washington Post, backed by Gallup Poll data.

The situation holds little immediate hope because:

  1. The government remains dysfunctional.
  2. Republicans, backed by powerful lobbyists and wealthy Americans are fighting for the status quo.
  3. There is insufficient work by intellectuals and political parties on sustainable economics that hold the future and solutions.

See the annotated list.

“1. Top story: Is America turning against the 1 percent?

Two thirds of Americans say they are dissatisfied with the distribution of income and wealth.

"This includes three-fourths of Democrats and 54% of Republicans...Republicans, at 45% very or somewhat satisfied, express the highest satisfaction with the current wealth disparity in the U.S. Democrats are much less satisfied, at 24%, with independents closer in satisfaction to Democrats, at 28%.

Furthermore, almost half (43%) of Democrats and independents express strong dissatisfaction with the current state of wealth and income distribution...54% of Americans are satisfied, and 45% dissatisfied, with the opportunity for an American "to get ahead by working hard."

This measure has remained roughly constant over the past three years, but Americans are much less optimistic about economic opportunity now than before the recession and financial crisis of 2008 unfolded. Prior to that, at least two in three Americans were satisfied, including a high of 77% in 2002." Rebecca Riffkin for Gallup.”

http://www.washingtonpost.com/blogs/wonkblog/wp/2014/01/21/wonkbook-how-americans-feel-about-inequality/

1. The government remains dysfunctional.
1. The government remains dysfunctional. http://wtaq.com

1. The government remains dysfunctional.

"Senator Johnson: Federal government remains dysfunctional, broken, and screwed up

Monday, November 18, 2013 2:32 a.m. CST by Larry Lee

U.S. Senator Ron Johnson

WASHINGTON, D.C. (WSAU) -- The federal government’s problems remain frustrating for U.S. Senator Ron Johnson. The Oshkosh businessman turned Senator says the present level of spending is unsustainable, and many people in Washington aren’t telling America the truth about Social Security, Medicare, the Affordable Care Act, and other government programs.

Johnson says it will remain difficult to solve the country’s financial issues until more elected leaders agree there is a problem. “There’s a process to solving a problem, and it starts with admitting you have one and then properly defining it. I’ve been in business long enough, that you actually have to agree on the numbers, and you actually have to identify the root cause of problems if you’re going to come up with solutions that actually address it and actually solve the problem.”

The Senator says he hears from people everyday that are worried about government spending, constantly raising the debt ceiling, and the tax and regulation issues that prevent the economy from growing more rapidly. “We have to reduce that regulatory burden. We have to have a more competitive tax system. We’ve actually got to utilize our energy resources in this country. We’ve actually got to celebrate success rather than demonize it.”

http://wtaq.com/news/articles/2013/nov/18/senator-johnson-federal-government-remains-dysfunctional-broken-and-screwed-up/

2. Republicans, backed by powerful lobbyists and wealthy Americans are fighting for the status quo.
2. Republicans, backed by powerful lobbyists and wealthy Americans are fighting for the status quo. AP Photo/The Advocate, Frank Tilley

2. Republicans, backed by powerful lobbyists and wealthy Americans are fighting for the status quo.

“After a Powerful Lobbyist Intervenes, EPA Reverses Stance on Polluting Texas County’s Water
by Abrahm Lustgarten
ProPublica, March 13, 2013, 5 a.m.

Ranchers stand in support of an effort to stop uranium mining in Goliad County, Texas in 2007. The plan appeared to be dead on arrival until late 2011, when Uranium Energy hired lobbyist Heather Podesta. (AP Photo/The Advocate, Frank Tilley)

When Uranium Energy Corp. sought permission to launch a large-scale mining project in Goliad County, Texas, it seemed as if the Environmental Protection Agency would stand in its way.

To get the ore out of the ground, the company needed a permit to pollute a pristine supply of underground drinking water in an area already parched by drought.

Further, EPA scientists feared that radioactive contaminants would flow from the mining site into water wells used by nearby homes. Uranium Energy said the pollution would remain contained, but resisted doing the advanced scientific testing and modeling the government asked for to prove it.”

http://www.propublica.org/article/after-a-powerful-lobbyist-intervenes-epa-reverses-stance-on-polluting-texas

3. There is insufficient work by intellectuals and political parties on sustainable economics that hold the future and solutions.
3. There is insufficient work by intellectuals and political parties on sustainable economics that hold the future and solutions. www.jsedimensions.org

3. There is insufficient work by intellectuals and political parties on sustainable economics that hold the future and solutions.

"Sustainability and Economics 101: A Primer for Elementary Educators
By Susan SantoneThe terms “sustainability” and “economics” are often paired these days, in presidential speeches as well as Wall Street reports.  But what does “sustainable economics” really mean?  What–or whom–is to be “sustained”?  And why should an elementary educator care?

This article aims to answer these questions and serve as an economics primer for sustainability-minded elementary educators.  The article begins by defining and comparing “conventional” and “sustainable” economics approaches to introduce readers to these concepts.  The article then describes effective ideas for teaching sustainability and economics to young learners (grades k-2), with examples that highlight equity and culturally-responsive instruction.

http://www.jsedimensions.org/wordpress/content/sustainability-and-economics-101-a-primer-for-elementary-educators_2010_05/

Advertisement

News

  • Israel, Hamas clash in Gaza
    At least 550 Palestinians have been killed in Gaza in the third week of the war
    Video
    Video
  • Pro-Russia guards
    President Obama criticizes pro-Russian rebels for blocking off the MH17 crash site
    World News
  • National Guard at Texas border
    Texas Gov. Rick Perry sending National Guard troops to the US-Mexico border
    US News
  • Unlikely Putin defender
    The unlikeliest US politician comes to the defense of Russia's president, Vladimir Putin
    Politics
  • iPhone 6 coming soon
    Apple is gearing up for the iPhone 6, orders tens of millions of units
    Tech
  • Gynecologist settlement
    Johns Hopkins agrees to $190M settlement for patients recorded by gynecologist
    Strange News