Last week I wrote a post in which I urged Elizabeth Warren and/or Bernie Sanders to run for president because I had just paid my rent and barely had enough money left over to make it to my next paycheck, even though I work full time.
Well, I made it to my next paycheck (on less than $20 a day, I might add), paid my utility bills and a few credit cards, and was left with barely enough money to get through the week again!
When someone working full time has to worry about how he’s going to survive until his next paycheck, there’s something seriously wrong with this country. And I’m not even talking about fast food or retail workers, here. I’m talking about someone with a white collar position, something that used to be known as a good job.
This past weekend I had a one-hour phone conversation with my brother. Even though we come from opposite ends of the political spectrum—I’m a liberal Democrat and my brother is an Independent (although his views tend to skew Republican)—we both agreed that the middle class is getting screwed.
Thing didn’t get this way by accident, they were legislated by rich people and organizations in order to maintain their positions of power.
What do you think Obamacare is? A law written by the healthcare industry for its own benefit.
Similarly, in perhaps an even more egregious example, Citibank wrote the Wall Street giveaway that was approved by Congress as part of the budget last year.1
And, of course, it’s not just the healthcare industry and banks that write their own laws. Every industry has lobbyists on Capitol Hill who write laws and then submit them to Congress for approval.
Meanwhile, unions—the only organizations working on behalf of the other 99% of Americans—have become nearly nonexistent.
Just recently, Wisconsin became the 25th state to pass a “right to work law,” a piece of legislation that weakens unions.2
Additionally, whatever’s left of the so-called “safety net” we have in this country—from unemployment insurance to food stamps—has been decimated by Republicans.
This is why we need Elizabeth Warren and/or Bernie Sanders to run for president. Because the American middle class is becoming the American poor.