And Unemployment is rising. Some are proposing that long term unemployment is now structural. There is no doubt and numerous writings prove it, the working class has been screwed. But what so many do not understand is that it has been a combination of tactics by both parties that have caused and will continue this situation. Why because it benefits the Rich.
The Tea Party started out with a noble agenda, clean America's corrupt financial system. Then we see that they, like any other group that forms in operation to the rich, have been purchased. Unfortunately they like so many others, have drank the kool aid that results in "Alice in Wonderland" thinking and as a result, those who originality believed in their cause are not even aware that they have been sold out.
We leave you, for your consideration:
How America's Unemployment Crisis Saved the Rich, From Econmatters:
By Mark Provost
Christina Romer, former member of President Obama’s Council of Economic Advisors, accuses the administration of “shamefully ignoring” the unemployed. Paul Krugman echoes her concerns, observing that Washington has lost interest in “the forgotten millions.” America’s unemployed have been ignored and forgotten, but they are far from superfluous. Over the last two years, out-of-work Americans have played a critical role in helping the richest one percent recover trillions in financial wealth.