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Obviously, people with low or even moderate incomes could not afford such savings rates, and even diligent savings from their low wages would not be enough to pay for either retirement or healthcare.
William Greider
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William Greider
Age: 83 †
Born: 1936
Born: August 6
Died: 2019
Died: December 25
Author
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Journalist
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Cincinnati
Ohio
William Harold Greider
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More quotes by William Greider
In 1900 Americans on average lived for only 49 years and most working people died still on the job.
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The burnt odor in Washington is from the disintegrating authority of the governing classes.
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A newly elected representative quickly discovers that his job in government-aside from making new laws-is to act as a broker, middleman, special pleader and finagler.
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The problem of modern democracy is rooted in its neglect of unorganized people.
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If you think about it, Washington's overwhelming power in the world is founded on death, the awesome arsenal for killing people.
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A profound political question is suddenly on the table: Must the country continue to give precedence to private financial gain and market determinism over human lives and broad public values?
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Everyone cares for disabled people, right? What they don't care for are genuine civil rights for disabled people. MARY JOHNSON tells the tortuous, enraging story of how Congress enacted a law that instead of protecting against discrimination has turned 'the disabled' into a political punching bag.
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The regime of globalization promotes an unfettered marketplace as the dynamic instrument organizing international relations.
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Children born today have a fifty-fifty chance of living to 100.
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Fellow senators balked at punishing Senator Alfonse D'Amato of New York though he was caught in a series of transactions that earned him the label Senator Sleaze. D'Amato explained their reluctance as he defended his own behavior. There but for the grace of God go most of my colleagues, he said.
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Leaks and whispers are a daily routine of news-gathering in Washington.
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Efficiency obliterates identity
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When self-important people and powerful institutions are governed by illusion, history has a way of biting back.
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Creating a positive future begins in human conversation. The simplest and most powerful investment any member of a community or an organisation can make is to begin with other people as though the answers mattered.
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The economy is not governed with the bottom half in mind.
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In the deregulated realm of US banking and finance, crime does occasionally pay for its foul deeds, not in prison time but by making modest rebates to the victims.
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The rich nations of the world are acting like ancient usurers, lending money to the desperate poor on terms that cannot possibly be met and, thus, steadily acquiring more and more control over the lives and assets of the poor.
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Aside from sending someone to war or to prison, government s ability to make people involuntarily give over their money is its strongest exercise of authority over private citizens and their institutions.
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The scandalous question that hangs over modern government and excites perpetual outrage is about political money and what it buys. What exactly do these contributors get in return for the hundreds of thousands, even millions of dollars they funnel to the politicians?
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The threat to globalization is not the wasted American dollars but Washington's readiness to mix US commercial interests with its self-appointed role as global protector.
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