Wednesday, September 30, 2009

Economix 101

I read yesterday that the income gap between the richest in our country and the poorest has risen once again. Yes, we all lost income during this recession. But, the rich lost less than the poor which seems ironic to me since the rich got us into this mess. It probably does pinch to loose a few million in bonuses and have to layoff some of your household staff at the French villa or the uptown apartments.

In our town, services have been cut to the bone and we face more cuts next year. We will loose more teachers and nurses, maintenance workers, providers for mental health. It will be harder to pay our mortgages, afford good child care, send our children to college, feed ourselves. Thousands go hungry in this region every year with more and more families facing food insecurity.

We hear from the captains of industry how important it is for executives to get paid alot. "We otherwise wouldn't be able to hire the best unless we give them small fortunes for their efforts!"

Why don't we hear this argument for our worthy teachers, nurses, care providers, construction crews?

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