Dennis Kucinich: Middle Class is America’s Bedrock, Not its Piggy Bank

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by Congressman Dennis Kucinich
Washington, Feb 12, 2010

Congressman Dennis Kucinich (D-OH) today made the following statement following reports that tax increases on middle class families may be considered:

“The middle class has already shouldered the burden of serving as Wall Street’s piggy bank for the last decade. Now middle class families are left holding the bag in the form of massive household debt, a disproportionate share of job losses and declining incomes. We cannot look to the middle class to solve our economic problems. Quite the contrary: we need to solve the problems of the middle class. With a strong and vibrant middle class, economic growth and deficit reduction will follow.

“Surely there are places other than middle class families where the government can look for revenue. We are fighting two unnecessary wars costing trillions of dollars and facing a massive trade deficit that off shores jobs and manufacturing. At the same time, the country’s tax base continues to deteriorate as a result of Bush’s disastrous multitrillion-dollar tax cuts. We need to end the wars, address the trade imbalances, embark on serious reform of our immensely wasteful health care system, and, above all, focus on investing in America.

“I am stunned that many of our nation’s policy makers still don’t get it. They don’t see that for at the vast majority of America, we are still living in a time of extreme economic hazard. The last thing in the world we need is to place an additional burden on the backbone of our economy. The middle class is America’s bedrock, not its piggy bank,” said Kucinich.

see

Dennis Kucinich: Congress Must Stand Tall to Wall Street + “Tax hikes on the middle class, you got to be kidding me!”

Michael Hudson: The New Junk Economics: From Democracy to Neoliberal Oligarchy (must-listen)

Michael Hudson: Obama’s Republican Class War Presidency (must-listen)

The Economy Sucks and or Collapse 2

3 thoughts on “Dennis Kucinich: Middle Class is America’s Bedrock, Not its Piggy Bank

  1. Ummm really? You aren’t quite smart enough to grasp that the Middle Class, of whom Dennis Kucinich speaks IS the “working class”.? That one really isn’t all that hard to work out. Or were you just looking for a reason to disagree?

  2. What is this obsession with the middle class? What happened to working people? They have vanished in this ridiculous fantasy politicians and journalists live in now. There are probably a hundred million Americans who live below the real poverty level because they are dependent on service industry jobs or someone they live with who is employed in one of these underpaid positions. What the elite need is a brick through their window. Or a few million. Grotesquely stupid people.

    ToG

    • Go girl, just please leave out the breaking windows part… that brick is worth a dollar to a real worker.

      There’s enough capital in this country to make us all rich, even after we bail out the poor they built this place on the backs of.

      BYOB: Be Your Own Boss!

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