America needs a fair deal nowPresentation Transcript
America Needs a Fair Deal – Right Now In America today, the average corporate CEO receives $300 for every $1 the average American employee earns (Reich, 2011).
Nefarious Dealings from Wall Street Big Shots But not only do the Wall Street Big Shots get a lot more money they also control the deck and the deal. And their dealing is anything but fair.
What is America dealt? High unemployment at more than 9% nationwide (Employment Situation Summary, 2011).
Were dealt high unemployment. They cash in with record profits! 10 + 4 = $14.7 trillion, the value of corporate Americas AFTER TAX profits. Thats a record high (Corporate profits, 2011).
Theyre gambling with our future and they dont care if we lose $6 million. Thats how much Big Shots at Bank of America and other Wall Street banks received as bonuses after US taxpayers bailed them out and saved them from ruin (Brill, 2010). All the while desperate homeowners were losing their homes to foreclosures because of those same banks.
They dealt themselves Big Tax Cuts, and we got Jacked. A Jack is like an 11, and 11% is how much the average American got out of the Republicans tax cuts. Those same tax cuts gave the rich Big Shots an average of 38% (Fieldhouse, 2011). And now, they want to do it to us again.
And theyve got the cards to do it ... unless you take action. You pay more taxes than the rich and you get less and less every day in a system thats slanted in favor of the rich. Its time to take action. Join Occupy America. Tell your Senators and Congressperson that Americans need a Fair Deal Right Now.Occupy America. Demand a Fair Deal Now. created by garth rogers
ReferencesBrill, S. (2010, January, 3). What’s a Bailed-Out Banker Really Worth? The New York Times. Retrieved from https://www.nytimes.com /2010/01/03/magazine/03Compensation-t.html?pagewanted=allCorporate profits after tax. (2011, September 29). U.S. Department of Commerce: Bureau of Economic Analysis. Retrieved from http://research.stlouisfed.org/fred2/data/CP.txtEmployment Situation Summary. (2011, October 7). U.S. Bureau of Labor Statistics. Retrieved from http://www.bls.gov/news.release /empsit.nr0.htmFieldhouse, A. (2011, August 10). Highest-income households can afford to pay more in taxes. Economic Policy Institute. Retrieved from http://www.epi.org/publication/highest-income_households_can_afford_to_pay_more_in_taxes/Reich, R. (2011, October 16). The Rise of the Regressive Right and the Reawakening of America. RobertReich.org. Retrieved from http://robertreich.org/