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If US per capita income continues to grow at a rate of 1.5 percent a year, the country will have plenty of money to finance comfortable retirements and high-quality healthcare for all citizens, including those at the bottom of the wage ladder.

William Greider

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William Greider
Age: 83 †
Born: 1936
Born: August 6
Died: 2019
Died: December 25
Author
Editor
Journalist
Writer
Cincinnati
Ohio
William Harold Greider
Country
Comfortable
Finance
Years
Percent
Retirement
Grow
Plenty
Capita
Grows
Income
Ladder
Quality
Rate
Ladders
High
Bottom
Wage
Year
Including
Healthcare
Money
Citizens
Continues

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Money is power in American politics. It always has been.
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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.
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Democracy is held captive, not just by money, but by ideas - the ideas that money buys.
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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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If we have wealth, it will be protected from inflation and possibly even enhanced in value.
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The problem of modern democracy is rooted in its neglect of unorganized people.
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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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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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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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If one benefits tangibly from the exploitation of others who are weak, is one morally implicated in their predicament? Or are basic rights of human existence confined to the civilized societies that are wealthy enough to afford them? Our values are defined by what we will tolerate when it is done to others.
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