Showing posts with label income inequality. Show all posts
Showing posts with label income inequality. Show all posts

Wednesday, December 6, 2017

Ecclesiastes 5:10

An editor in our local rag put in a nice Thanksgiving piece saying how grateful she is to rich people for paying all our taxes for us. Most of us don't contribute much at all, says she, and it is the very wealthy who are supplying the bulk of our revenue. (Thank you, rich people, and please accept our outsized contribution of sacrificial humans for the war machine you make money on.)

It never occurs to her to think there's anything wrong with the fact that a slim sliver of the population has so goddamn much money that they can pretty much fund the government they're trying to shrink, or the interest on the swelling national debt, and yet they're still rich. But there is something wrong here. It's unconscionable. It's immoral. You can take the Pope's word on that, or Jesus's, even though only one of them is a Christian.

There are a few ways to get filthy rich, but they don't track real well with merit. Some of the folks who got hold of a good idea and had decent entrepreneurial skills managed to accumulate a lot of money, and they are busy trying to give it away as fast as they can, which is what any mentally healthy person with too much money would do. Others are just buying warehouses to stash their money in and giving away only so much as it takes to buy off Congress and get them even more money. These people don't need more money. They need therapy.

Most of the truly wealthy have stolen it. You don't need a gun. We're all stealing. When we consume palm oil, which is in everything, we steal land and livelihood from indigenous peoples. We steal our children's future by dumping carbon from deforestation into our atmosphere. We're able to buy stuff cheap because our slave class is in another country. We murder people in the Congo to acquire the minerals for our cell phones. Everything has a cost, even if we prefer to ignore it.

The rich people's money is not theirs. It's stolen too. We used to have living-wage jobs in this country. We used to have pensions. We were doing all right. Then came the campaign to eviscerate the labor unions. Wages stagnated or tumbled and the increased profits that resulted went to the investor class. Our plodding but reliable pensions gave way to the "ownership society." We could do so much better on our own if we just hand over our reduced wages to the financial sector. Only we didn't do better. We gambled it on a game we didn't understand and someone else got the big pot. And it's gone. It's stolen. It trickled straight uphill and we won't see it again. And if anyone truly believed this concentrated wealth was earned or deserved, there would be no talk of repealing the estate tax.

Did you hear Senator Chuck Grassley (age 134, plus or minus fifty years) the other day? He was asked why we should reward the already-wealthy by repealing the estate tax. Why, says he, that's to show a little appreciation to the people who sweated and saved their pennies and invested and contributed to society. Senator Grassley says the rest of us working stiffs spent our money on booze and women and movies.

Booze, and women, and movies.

Oh, Senator Grassley, I do declare! Thank you for standing up for all us little ladies at home in our calico frocks who would be in the catbird seat right now if our worthless husbands wasn't squandering our butter money on booze and broads. Please go right after our Medicare next so the sons of bitches will realize whut they done and mend their ways! But Senator, suh? We do love us some movin' pitchers and a little sarsaparilla now and then. Is that so bad?

Seriously, little senator dude? If you believe a wealthy man--let's assume it's a man, since you do--should be rewarded for his thrift and foresight and hard work, over and above the reward of his own wealth, whyever would you want to dump a ton of money on his kids' heads? Let them scrimp and save, if that's what you truly admire. Let us all start out equal. Heh heh. Just kidding. We ain't at the same starting line. We ain't even in the same race.

Wednesday, November 13, 2013

We're The Job Producers

Man, there's a ton of young people in this town. Squadrons of them, moving in with no visible means of support. They're all interested in making a life in a beautiful place full of other people who foreswear piracy and ill will, and I think they're swell. Of course, I was a total old fart about them at first. They don't have jobs! I thought. They'll founder and die! I thought. They were just like we were. When you haven't tethered your happiness to your financial prospects, you've got a much better shot at happiness. But it only works for a while, I thought. Eventually something like the 1980s comes around and it's raining money from who knows where and before you know it we've all forgotten how to be happy without it. And it isn't real money--it's gambling money--but you get it while you can, and pretend your $20,000 bungalow really is worth closer to a million bucks, and you find yourself looking at the stock market page as if it weren't the racing form, and when something tanks for a few nanoseconds you lose some of your pretend joy.

But these kids aren't even going to get the pretend joy, because there's no money anymore, I think. Look at them. They're going to die. They're all drinking coffee, and serving coffee. They're either drinking or serving coffee. That's all there is.

But somehow you can still navigate around here without tripping over a dead twenty-five-year-old. In fact, they look pretty hale. They're stacked on sofas and tanked on lattes and they wheel happily down the street with their laptops tucked in their bike bags and good will tucked into their smiles. Is it possible they can make it on selling coffee and buying coffee?

I'm starting to think it's possible. I'm not acquiring much anymore. But I do love to go out to a good restaurant now and then. Or walk a dozen miles and stop somewhere for an IPA and something off the happy hour menu. Sometimes it seems like an indulgence when we already have a good cook at home who is not me. But here's what happens. Every dollar we spend out there goes in someone's pocket. It's a waitron's or a cook's or a farmer's or a vintner's or a mushroom gatherer's pocket. And then they all go out and buy a latte or a bike light or groceries or a haircut. And then the people they give the dollar to--the very same dollar--go out and do the same thing. Our dollars are making the rounds, and everyone's making out all right.

Any economy based on making out like a bandit is doomed to have victims, but if we all provide a reasonable product or service we can hold each other up. That's why I've started paying close attention to the latest movement to raise the minimum wage. Not by the usual four cents, but to something a person might be able to live on: $15 an hour. But that can't last, they say. Eventually all the prices go up and then no one can afford anything and you have wage inflation and pretty soon everyone's poor again. Really? Apparently you can offer $15 an hour to everyone working at Burger Barn and it will inflate the price of a standard meal by seventeen cents or so. Sure, prices might rise a little, but if we can't afford to buy things unless someone is forced to work all day long and not make enough to live on, then we're profiting off slavery, or something close enough to it. Is it any better if our slaves are an ocean away, and eight years old? Is it okay if we just don't bother to think about it?

I think there's plenty of work to go around and plenty of honest wages to be made. What is unconscionable is that some people--not many--have all our money. It is our money, or it used to be. It was our pension funds, it was our wages before they were depressed, it was our health benefits. Arrr, ye scallywags! Here's the deal. Four hundred people in the United States have more money than the combined net worth of 50% of us. They have it: they have not earned it, because it is impossible, in any moral sense, to have earned that much loot. Apparently we can't tax these people, because they've bought the get out of taxes free card. And no, I am not envious, because, like most sensible people, I would be mortified to be in their condition.

So fuck them. Let's raise the federal minimum wage to $15. We'll agree to pay a tiny bit more for what we need or enjoy, and we'll pass all our dollars around the community until they come back to us.