Wednesday, August 12, 2015

The 1 percent’s sinister inequality lie: How cold-blooded billionaires are pretending to care about the American dream

The 1 percent’s sinister inequality lie: How cold-blooded billionaires are pretending to care about the American dream

"They cannot talk about it because they have no plan to raise wages. They have a plan to lower taxes and Americans are finally seeing through that trickle-down promise. They also hope to roll back regulations, particularly Dodd-Frank and the Consumer Financial Protection Bureau which will undoubtedly have their rich benefactors breathing easier but won’t do anything for the millions of people they are trying to persuade that they really, really care about them.

That’s the problem with Charles Koch’s great plan: it’s not new. Republicans have been selling free-market, low tax, no regulation snake oil for everything that ails you for many years. A whole lot of Americans bought it and it made them sick. After the last decade they are not likely to fall for it again even if it’s rolled out with a snappy marketing campaign in a brand new package. The new Koch tastes just like the old Koch. And that’s not a good thing."

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