In the bewildering blizzard of actions taken by the new administration, one fact stands out: services for working-class and retired Americans are being slashed to partially fund yet another $4.5 trillion tax cut for the wealthiest Americans. To be sure, average workers might see a few extra bucks in their returns, but some 85% of the savings will go to the top 1 percent.*
Since the top .01% of the population already holds six times as much wealth as the bottom half,* there is no rational explanation for this, in particular because it will add even more trillions to our already staggering national debt. One might reasonably ask: How much money do these people need anyhow?
The spectacle of food aid being cut for both hungry children — at home and abroad — and for the farmers who produced this food in order to further enrichen billionaires makes me ashamed to be a citizen of this country, especially since thousands of tons of that food is simply rotting on docks and in silos. If this isn’t an example of “waste, fraud & abuse,” I don’t know what is.
(*Statistics from Robert Reich via Heather Cox Richardson’s newsletter.)
Peter Pfeiffer
Solon
We invite you to add your comments. We encourage a thoughtful exchange of ideas and information on this website. By joining the conversation, you are agreeing to our commenting policy and terms of use. More information is found on our FAQs. You can modify your screen name here.
Comments are managed by our staff during regular business hours Monday through Friday as well as limited hours on Saturday and Sunday. Comments held for moderation outside of those hours may take longer to approve.
Join the Conversation
Please sign into your CentralMaine.com account to participate in conversations below. If you do not have an account, you can register or subscribe. Questions? Please see our FAQs.