Wednesday, December 15, 2010

'Monopoly' Game Is Where We're Headed

When I was a kid, "Monopoly" was all the rage in my neighborhood. A group of neighbor kids, as we called ourselves, would gather in someone's basement and play. Games would go on all day, with a break to run home for lunch. Although we each started with the same amount of money, one by one we would lose our money and drop out and have to sit on the sidelines and watch. Eventually, somebody would end up with all the money. And then the game would be over.

That's the problem with the American economy today. Too few people have too much of the money. The rest of the people have nothing to play with. They have to sit on the sidelines of the economy, unable to buy things that other people make and sell. According to The New York Times, 1 percent of Americans have more than a third of the nation's wealth. Eighty percent of Americans have just 16 percent of the wealth. And no, it hasn't always been that way. Tax policies in the last few decades have increased the concentration of wealth at the top.

And Republicans think the answer is to give those few people even more of the money, which they cannot possibly spend. And no, they won't use it to "create jobs" because there is nobody to buy anything.

The end game is just like "Monopoloy."

P.S. I mean "Monopoly."

No comments: