I dunno how these points will fit in here or what Ayn Rand would say about them but here goes:
No matter how you slice it, when it comes to income and wealth in America the rich get most of the pie and the rest get the leftovers. The numbers are shocking. Today the top 1 percent of Americans control 43 percent of the financial wealth while the bottom 80 percent control only 7 percent of the wealth. Incredibly, the wealthiest 400 Americanshave the same combined wealth as the poorest half of Americans -- over 150 million people.
CEO's in The U.S. make 300 times average pay as regular workers. I got nothing against people doing well but that doesn't seem right.
In September I'm losing my job because it's being outsourced to the Philippines. I work for a newspaper. I am in production. In fact for the past 42 years. I'm 61 years old. I'll be 62 in May so I can start collecting Social Security then but I'll have to find some way of getting health care. I could get COBRA but it would cost 1200 dollars a month for my wife and I. I can't afford that. At this point in my line of work there aren't many options. Unless The Affordable Care Act actually does have affordable options we will have to do without health care and my wifes health is not good.
The way it seems to be going in this country is that we are slowly becoming India, China, The Philippines in terms of what the middle class is. The playing field is slowly being evened out so that no longer will the American middle class be the envy of the world. Eventually the manufacturing jobs will come back to the U.S. but only when the workers in the U.S. are beaten down to the point that they will accept the lousy wages, little or no benefits, long hours, terrible working conditions and in general the pitiful state of workers in the so called third world. I believe that this is the strategy in play here. I won't go into the politics of it because I think that it doesn't really matter at this point. The barn door was opened years ago and the horses got loose, goodbye. Ross Perot said it best - "giant sucking sound" when the jobs are gone.
Now I know money does not necessarily buy happiness but it does buy food and provide a roof over your head. If you don't have that then it's hard to live much less be even a little happy.
This has been a recent news item: 80% of Americans near poverty and un-employment. I am one of those Americans. Now those numbers are being debated. Maybe 80% is high maybe it's not. I don't know but I have learned that where there's smoke there's usually fire.
As I said I've nothing against people being successful but I think that we need to examine why there is such a large gap between the well to do and the growing number of people in or near poverty.
The thing I don't like about Ayn Rand is that no matter how her ideas are intellectualized, justified the basic meaning of them is I will do whatever it takes to get all I can and to hell with everybody else. I was not brought up to think like that. That is not what the American way means to me.