Corporations, with their political allies are waging an unrelenting class war against working people. This phenomenon is occuring not only in the US but in Canada, Europe, and Australia as well. Social welfare programs are being curtailed and eliminated in the name of fiscal responsibility. Privitization, the market and level playing fields are the mantras of the day. CEOs tell workers to tighten their belts while their own wallets are bulging. Income inequality is more acute in the US than in any other industrialized country, even surpassing Britain. Glamorous Manhattan has disparities in wealth that exceed Guatemala. People are working longer hours, producing more and earning less. Wages have been stagnant or declining for more than twenty years. The rants of the poor have mushroomed. Meanwhile profits are at unprecedented levels. A Wall Street Journal headline says it all "Thanks. Goodbye. Amid record profits companies continue to lay off employees."
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