Income Inequality Renaissance

Income Inequality Renaissance
Income Inequality Renaissance. Bill Pugliano/Getty Images

One would never have imagined CNN to title an interview about the UAW auto strike with a language to create an income inequality renaissance of a sort. But that is exactly what the CNN editors chose to call their article, “Reporter asks CEO about her nearly $29 million in compensation as workers strike.”

Was it because the UAW has a stellar PR machine able to control the narrative? Or, is it because the editors of CNN are also getting tired of CEOs and shareholders enriching themselves at the expense of the working people? After all, the minimum wage in the U.S. remains stagnant at $7.25 an hour, which translates into an annual salary of $14,500 in a 50-week year.

As of 2021, the U.S. deems a family of four living on an income of $26,500 or less to live below the poverty line. That’s preceding the great inflation of 2022 and 2023.

This revival of the vast divide between the haves and the haves not is good for the country.

THE MEDIA IS BEGINNING TO GRASP IT ALL

After the violent insurrection of January 6, which shocked the nation. The government began investigating the effects of that infamous day while ignoring its causes. A bad habit that the United States of America always falls in its trap. For every effect, there is a cause, as the inferential theory of causation proposes. However, we almost always ignore the inference of causation and concentrate fully on the effect.

We know people are angry. But what are they angry about? What is the CAUSE of their anger? Mistrust of government? Income inequality that demolished their standards of living? Culture wars fostering mistrust of “wokeness” and defining it as the culprit for their miserable existence?

If you listen to the CNN reporter Vanessa Yurkevich who interviewed the CEO of GM Mary Barra, you would realize that income inequality might be the centerpiece of that anger, as the question highlights it in bold. We believe that the smartest people in America are beginning to realize that unless there is an income re-balance, trouble on the horizon will not diminish; and anger among the majority of Americans is leading them to unknowingly help the likes of Donald Trump break our democracy.

This revival of the vast divide between the haves and the haves not is good for the country. It adjusts our compass and anchors our center of gravity. Let us hope the media stays alert and helps this country measure its success by the success of its middle class, and not its billionaires.

Lawless capitalism fueled by Reaganomics are slowly destroying our nation. By destroying its middle class.

Income Inequality Renaissance

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