The High Social Cost of Low Corporate Taxes (tags)
It is now taken for granted that social services in the U.S. will be under-funded – if they are funded at all. This isn’t because average people think that such things are unimportant, but because we’ve been taught by “our” representatives in government that even a miniscule social safety net is economically impossible (it is never explained why – it just is). As this approach continues to dominate mainstream political life, the living standards of working people everywhere are being destroyed, and the meager reforms politicians have always promised us have devolved into even tinier crumbs and counter-reforms. Indeed, reforms that benefit the working class seem to be impossible in Washington now-a-days, precisely at a time when the wealth of the country has never been greater. To make sense out of such irrationality, one has to consider that this issue isn’t limited to the 50 states of the U.S. – it’s an international problem, and its cause is no accident.