In One Eye
Friday, June 10, 2005
While I try not to be too hysterical about it, I continue to believe that the possibility of a class war looms large. Now, in fact, might be a good time for such an event: It would certainly be tough to quell what with virtually every man and woman in a US uniform overseas.
Be that as it may, Krugman today indicates what would be the cause of such an uprising.
The fact is that working families aren't sharing in the economy's growth, and face growing economic insecurity. And there's good reason to believe that a society in which most people can reasonably be considered middle class is a better society - and more likely to be a functioning democracy - than one in which there are great extremes of wealth and poverty.And now, with a House Appropriations subcommittee recommending that labor, health and education programs be cut by $1.6 billion from current levels, it certainly doesn't appear as if things will be getting better for the have nots.