[From article]
The federal government encourages the massive illegal and legal immigration that plays a huge role in job scarcity and income suppression for American workers. To paraphrase Milton Friedman, a viable economy cannot exist with open borders and unrestricted immigration. An oversupply of workers willing to work for less pay, the outsourcing of jobs, and visa-immigrant hiring allow companies to replace American workers with immigrants for reduced labor and benefit costs. A well-known example is that of Disney IT workers who were forced to train their cheaper immigrant replacements. It is no coincidence that the rise in immigration has occurred simultaneously with the rise of the welfare state. People unemployed, or in low-wage and part-time jobs, rely on government subsidies. The result is larger national debt, more corporate wealth, and declining wages.
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This government-driven, crony-capitalist economy defined by job scarcity and wage stagnation is the reason college graduates are burdened by $1.3 trillion debt, living with parents, can’t afford to marry or buy homes, and working as waitresses and bartenders. Job scarcity and low wages are the reasons we’re becoming a nation of renters rather than homeowners. They are the reasons that 51 percent of workers earn less than $30,000 a year. They are the reasons for the demise of the middle class and the burgeoning welfare rolls, the modern-day equivalent of slavery.
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Income inequality and its devastating consequences are seldom mentioned on the nightly news. The media and bogus government statistics paint rosy pictures about economic recovery, and government masks the bad economy with welfare so that we don’t see Great Depression bread lines. But the only recovery has been in the Federal Reserve’s inflated stock market,
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The political implications of income inequality are most evident in the increasing rise and entrenchment of career politicians, supported by big donor funding and media favoritism. The integrity of the electoral process is endangered as election propaganda, funded by big money and hyped by corporate media bias, become more prominent in spreading lies, distortions, and innuendos to the voting public. Unrestricted campaign funding has given the moneyed elites first access to elected officials. At the same time, private-sector unions, small businesses, and citizens find their influence dwindling or irrelevant. This crony capitalism, resembling dictatorships and communist oligarchies, seriously threatens our democracy because money, power, and media control are consolidated in the hands of a few at the top. Voter apathy prevails, as voters feel increasingly powerless to change the course of events.
The United States, a once great economic powerhouse and the largest creditor nation, has become the largest debtor nation, and is fast becoming a banana republic. Past and present elected authorities and public officials have stripped bare our industries, put the nation under a mountain of debt, and turned the U.S. into a welfare depository. Government leaders have intentionally failed to protect our borders, jobs, and freedoms. These public “servants” and the wealthy elites have garnered riches for themselves, and purposely impoverished citizens and future generations. The greatest threats to our economy and national security are not foreign countries or terrorists; they are the enemies inside, corrupt government leaders and the money masters they serve.
http://www.americanthinker.com/articles/2015/11/the_causes_of_income_inequality.html
November 3, 2015
The Causes of Income Inequality
By Catherine Sellers
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