Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Friday, August 08, 2025

Freedom and Democracy: How Do They Stack Up Globally?



We’ve all heard that America is the home of democracy. The land of free and home of the brave. We hear it every time our National Anthem is sung. There’s few things which make us feel more secure and proud than watching Old Glory gently blowing in the breeze on a sunny day or watching a military parade rolls down the street. While there’s no questioning our military strength or the dedication of our men and women in uniform, have you ever wondered just how free we really are?

America was founded on the concept of individual freedom. We took on the world’s greatest superpower of the time over freedom and the notion of issues like taxation without proper representation, and yet here we are, some 250 years, and our Founding Fathers wouldn’t recognize the nation they fought to hard to create.

Most of our freedoms, even the most basic ones likes speech, expression, or right to bear arms are challenged on a daily basis And what about taxation without representation, the core reason we fought the British? How often do you get to vote on a tax or rate increase? Many of these are decided by some appointed committee, not by anyone you voted for. Some have built-in increases that don’t even require public debate.

 Partisan political primaries are taxpayer funded by state legislation. But what if you don’t belong to one of the two corporate owned and controlled political parties? Well, too bad.  Independents, who are the nation’s largest political bloc, and people who’ve joined a third party for whatever reason, are still required to pay for the Democratic and Republican primaries, and it gets worse.

While they are involuntarily taxed, they are legally prohibited from participating in their primaries (as an aside third party primaries are strictly self-funded. No taxpayer support)  Fair? No. Legal? Questionable. Democratic? Hardly. In keeping with the founding tradition of “no taxation without representation”? Hell no! So, I can almost hear you ask “well, if you don’t like it, why don’t you just vote them out?”. That’s a great question. Very logical, but the answer is, sadly, not quite so clear cut.

The reason is that both parties, in the spirit of bipartisanship (some might call it “collusion”) have made it nearly impossible for them to be voted out of office. Briefly, the 2010 Citizens United and the 2014 McCutcheon rulings, declared that corporations, which are actually artificial legal fictions, are now “people” with the same rights as ordinary flesh and blood humans, with one key exception, and that concerns “free speech”.

According to the (un)Supreme Court, declared that money is now the same as “free speech”.  And while we are free to voice our opinions via donations to political campaigns, we are capped in what we can give. Corporations, on the other hand, are not. Apparently they have more “free speech” than you or me, and that means more influence.  They can give essentially as much as they want (not that we have a spare $10 million laying around to give to some candidate). As a result, they finance not just campaigns and political parties but also fund so-called “leadership funds” (which are basically political “slush funds”), and through various legal loopholes run commercials and ads on behalf of a candidate or issue supported by that candidate. Independents and third parties typically don’t get a dime.

Through state legislation, unequal ballot access is the norm. That means there are one set of rules and requirements for Independents and third parties and another set for the two corporate owned parties. They don’t even have their own election representative to protect their interests! As a rule, they are lumped in with whichever party has the smallest voter numbers and forgotten.

Other issues, such a partisan gerrymandering all but guarantees control of a district by the majority party. It allows districts to be drawn to ensure they retain control of it. It’s a case of a party choosing the voters instead of voters choosing their representatives. This is why gerrymandered districts have reelection rates in the high 90% range.

Also, despite approval ratings in the upper 20% or low 30% range (and occasionally as low as 9%), Congress has a reelection rate of 97%. Do you think that’s by coincidence?  Corporate lobbyists help write (or write altogether) legislation as well as review bills, provide summaries, and so forth. Do you think any of this is for our benefit? Don’t bet on it.  So, I will again ask you, do you think we are free? How do compare with the rest of the world?

According to the 2024 “Freedom Index”, published by the CATO Institute, the freest country in the world in terms of personal and economic freedom, is Switzerland, followed by New Zealand and Denmark. The next three are Luxembourg, Ireland, and Finland. Seventh place is a three way tie between Australia, Iceland, and Sweden. Then comes Estonia, Canada, and Japan. Rounding out the top 15 economically and personally freest nations are Norway, Germany, and the Czech Republic.

Did you notice anything particular here? Who is missing? That’s right, the United States. We are not only not in the top five, we’re not in the top ten or even the top 15! What the hell? If we’re supposed to be the “home of the free”, why is nobody at home? Where are we?

Before getting to the U.S., I’d like to mention that according to the Freedom Index, of the top 15 freest country, the index points out that 13 of those 15 countries have seen a decline in their ratings. Just two saw improvements. The nation which has seen the greatest loss of personal and economic freedom was the Czech Republic with Finland and Canada close behind. Only Japan and Denmark have both experienced slight improvements at 0.07 and 0.02 respectively in personal and economic freedom.

As for the United States, we ranked 17th of the 165 countries on the Freedom Index. For the record, Mexico was 94th overall. India was 110th. Russia was 139th. Taiwan was 19th. Brazil was 70th, South Korea was 32nd, and China was 150th. The freest regions were North America, Western Europe, and Oceania. The least freest was the Middle East, Northern and Sub Saharan Africa, and South Asia. In terms of freedom for women, the top regions were North America, Western Europe, and East Asia. The worst areas for women were the Middle East, Northern and Sub Saharan  Africa, and South Asia.

When it comes to democracy, representative governments, political participation, civil liberties, and electoral pluralism, we need to turn to the Democracy Index compiled by the Economic Intelligence Unit of The Economist publication. They looked at various factors, such as to those just mentioned,  to determine just how effective the political system is in a given country. Countries were ranked as “Full Democracies” (10.00 – 8.99), “Flawed Democracies” (7.99 – 6.99), “Mixed” (5.99 – 4.99) and “Authoritarian” (3.99 - .99).

The chart rates each of the 165 countries surveyed on a scale of 0 to 10 with zero being the most authoritarian and ten being the most democratic. At the top of the list are Norway (9.81), New Zealand (9.61), Sweden (9.39), Iceland (9.38). and Switzerland (9.32) rounding out the top five democratic countries in the world.

These were followed by Finland (9.3), Ireland (9.19), Netherlands (9.0), Luxembourg (8.98), and Australia (8.85) finishing the top ten. Honorable mention goes to Taiwan (8.78), Germany (8.73), Canada (8.69), and finally Uruguay (8.67).  

As for the United States, we are ranked 28th of the 165 surveyed with a democracy rating 7.85. Again, not a real good selling point as the “home of the free”. In fact, the U.S. is actually listed as a “flawed democracy” and may be teetering on becoming a failing democracy.  Some of the main reasons for why are mentioned at the beginning of this article.

In fact, countries like Costa Rica (8.29), Mauritius (8.23), Estonia (8.13), and Malta (7.93) are more democratic than the United States. As if that’s not bad enough, we barely beat out Chile (7.83) and Slovenia (7.82). That’s not good people. Of course, there’s nothing wrong or negative about these countries. In fact, good on them for doing a great job representing their people. However, the United States can and should be doing a much better job serving the people and not on Wall Street executives.

Out of curiosity, I wanted to know what the least democratic nations on the planet were so that I could go ahead and mark them off any future itineraries should the occasion arise. Liberia was 5.57. Mexico was 5.32.  Palestine (West Bank) has a rating of 3.44, while Nepal was 4.6 (so much for Buddhist enlightenment). The North African nations of Morocco,  Tunisia, and Algeria  were 4.97, 4.71, and 3.55 respectively. Egypt was 2.79. The Democratic Republic of the Congo was 1.78, making it sound neither democratic or a republic.  

Saudi Arabia, a Sunni monarchy, was only 2.08. Yemen, home of the Houthi which keeps attacking Israel amid its claims of Israeli brutality in Gaza, has a 1.95 on the Democracy Index. Syria, which is still dealing with a civil war, was 1.32. Iran, an Islamic theocracy, was 1.96. Iraq was only a little better at 2.8. Jordan, another Sunni kingdom, was 3.28. Kuwait, also a Sunni monarchy, where we fought a war to liberate Kuwaiti oil under the guise of “restoring democracy”, has democracy rating of 2.78. South Africa was 7.16 and India was 7.29.

 Turkey, whose government is secular despite a 98% majority Muslim population, was a notable 4.6. The highest rated nation in the region was, not unexpectedly, Israel, the only parliamentarian democracy in the region. It’s democracy rating was 7.8 (remember, America’s was just 7.85). Russia was 2.03 while China was 2.11. Ukraine was 4.9 and Belarus was 1.99.  However, the worst places to be if you’re looking a democratic government were the Central African Republic (1.18), North Korea (1.08), Myanmar (0.96) and Afghanistan (0.25).

Finally, in terms of regions, Africa was 3.92 overall. Asia was 4.06. North America was 5.64. South America was 6.01. Europe was 7.41 and Oceania was rated 7.46. The Middle East as a region wasn’t specifically mentioned, but averaging the numbers would be approximately 2.11 (excluding Israel) on the Democracy Index.

Additionally, did you know that there are only 25 “full democracies” in the world today? There are 46 “flawed democracies” (of which the U.S. is one), 36 so-called “hybrid” governments or that global democracy had been declining for 19 years straight?  Just 20% of the world lives in a “free country”. 42% live in a “partly free” nation, and 38% live under some form of authoritarianism, all according to the Freedom House.

It’s bears mentioning that most of the nations facing the worse influx from migration from countries with little or no tradition of freedom or democratic governments are the ones highest on both the Freedom Index and the Democracy Index lists. This begs the question of what happens when a country or region with a history of personal liberty and economic freedom is overrun by peoples with a history and culture based on oppression?

Well, historically speaking, the latter will almost always win out unless the former has the will to either enforce assimilation through regulation and legislation or expels the latte by whatever means necessary. If you’re looking to create a society of compliance and blind obedience, then you do exactly what the West is doing now. There is no middle ground.

Thank you for reading "Another Opinion", the Op/Ed blog page for the "militant middle".  Here at "A/O" we truly value our readers. At A/O we seek the facts as they exist, not partisan talking points.  We hope you find our articles informative and engaging. Comments are welcome, provided they are not vulgar, insulting or demeaning.  Another Opinion is offered without charge and is directed toward all independent and free-thinking individuals. We ask, however, that you "like" us on whatever platform you found us on in order to keep our articles available for free to others. Lastly, in order to keep costs down, we depend on passive marketing, and therefore, depend on our readers to please forward our posts along. Below you will find links to the sources we used in writing this article. Thank you. 

 

Human Freedom Index


Democracy Index


Freedom House: Marking 50 Years in the Struggle ForDemocracy


Friday, July 04, 2025

Where Has the Love Gone? The Future of the American Political Duopoly

 America’s love affair with partisan politics (if there really was one) appears to be over for good. The Democrats, once the harbinger of inclusivity, has found itself mired in mediocrity and lacking in leadership, is able to maintain relevance through Identity politics.  I guess that’s what happens when you run out of ideas and don’t have a very deep bench.

The Republican Party, as a result has benefited, especially in America’s heartland and  in particular, at state and local levels. Yet, its support seems to rest on the last vestiges of a fading demographic white, mostly male, middle class voters, and there is a subtle cold and callous undertone to their call for austerity and “making America great again” by cutting back on social security and the public social safety net but continuing to spend more money on the military than the next ten nations (including China, UK, India, France, and Russia) combined!   

However, neither those who agitate on the Left or Right are satisfied with what their side is offering. The result is an America more deeply and widely divided than at any time since the years proceeding the Civil War.  Some ominously predict a pending revolution while others anticipate a second civil war at any moment, and still others foresee for a “civil divorce”.

Even during our formative years as a nation there were those among our Founding Fathers who questioned whether we were or could ever become a truly “United States” of America. We were fundamentally too different; a multitude of nations.  Over the subsequent decades and centuries, as millions came to our shores, those divisions have only intensified. Regardless, one thing is for sure. This is not the America our Founders intended. So, lets take a look at our political landscape. Perhaps we can even predict an America just a few years or a decade or two down the road.

First, despite the popular belief that America is a “two party” nation, the truth is that it was never established that way. In fact, the majority of the Founders opposed the creation of political parties, fearing that they could become powerful special interest cliques which would in time weaken the political power of the average citizen through deception and corruption and eventually dominate government (nah. That could never happen…could it?).

Secondly, that we’re only limited to just two parties. In fact, we’ve have numerous political parties. Most have either merged with other parties or simply faded away with whatever particular issues they supported. Today, we have two primary parties---Democrat and Republican, although the Libertarian, Green, and Constitutional parties are formable.

 However, despite their public perception of two differing parties, the fact is they’re more similar than not.  For example, they’re both owned by special interests from Wall Street. Wall Street controls the finances of both parties. It funds their campaigns, their leadership PACs, and sets their agenda. It dictates their domestic and foreign policies (which are not overly dissimilar). The corporate media defines their public persona and influences their political message. Both are legal fictions given the rights of the average citizen…and then some.  They are, in fact, a duopoly of Wall Street. Another thing they have in common is that both are actually minority parties.

According to the most recent polling, Independents are the largest political demographic in the United States with just over 43% of all registered voters not aligning with either the Democrats or Republicans. As an aside, did you know that Independents have been the dominate political demographic since 2011? Meanwhile, the two corporate owned parties are roughly equal with 28% each of the electorate making Independents (erroneously called “swing voters” by some) the literal “kingmakers” of today’s politics.

Something else the Democrats and Republicans have in common is that not many people like them. According to a Pew poll, 65% of registered voters, irrespective of registration, disliked Republican polices. 56% felt the same way about Democrat policies.

A 2025 NBC News Stay Tuned Poll, showed that 71% of Independents disapproved of the direction the Republican Party was going. 91% of Democrats agreed as did 13% of Republicans (could they be the nefarious “RINOs” so hated by GOP hardliners?).

When it came to Democrats, 64% of Independents disapproved of where the Democratic Party was wanting to take the country. 93% of Republicans concurred. Interestingly, so did 22% of Democrats (those nefarious “DINOs” this time).  In short, an overwhelming majority of Americans disapproved of both Democrat and Republican policies.

Amusingly, in 1960, 4% of Democrats and 4% of Republicans said they’d be unhappy if their son or daughter married someone outside of their party affiliation. In 2019, nearly half---45%---of Democrats said they’d be unhappy if their child married someone from a different party. Republicans were apparently a little more open minded. Just 35% said they would object. Today, I suspect they’d be disowned.

Another factor affecting both parties is that they’re losing their base. Demographics in America are constantly changing. Historically, America has been a predominate white European nation since its founding while blacks were considered the largest minority, As a result, legislation and funding was directed accordingly. But that’s all changing.

Today, whites are still the largest racial demographic at 58.4% (white males, often viewed as America's political, social, and economic “powerbrokers” are projected by the Census Bureau to become a de facto minority by the early 2040's).  The second largest population are Hispanics, who comprise 19.5% of the population (that number would likely be higher if all illegal immigrates were included. However, it's  only as an estimate). Black Americans make up just 13.7% of the population. Asians are 6.4%. Those claiming two or more races make up about 3.1% of the population (and growing). Native Americans, Pacific Islanders, and others make up under 2%.

Based on projections, sometime in the next 25 years, America will no longer have a majority racial population. Whites and Hispanics are expected to have a near parity. Black percentages are expected to drop while Asians are anticipated to increase along with the number of those of mixed racial ancestry. So, what does that mean?

Well, for starters, it means that limited federal tax dollars are going to be redirected to the group with the most mouths to feed, and that’s going to be Hispanics. So, expect future federal (and likely state) programs will cater more to Hispanics which could increase competition between blacks and Hispanics for federal dollars.

Secondly, there will be an increase in the number of people of Hispanic ancestry being elected to office at all levels as a result of both a growing population and an increased concentration in key districts or dominate state with high electoral votes. So, don’t be surprised to see a Hispanic president in the next 25 years. Also, although historically, there’s been a decrease in ancestral allegiance over generations, that doesn’t seem to be the case when it comes to Hispanics.

 The reason is that historically, immigration came in waves, thus giving time to integrate into American society, aka the proverbial “melting pot”. Note too, this “absorption” was also encouraged by previous immigrants and society in general as well as newly arriving immigrants had a strong desire to become “Americans” as quickly as possible.

That’s no longer the case. First, the arrival of Hispanic immigrants (legal and illegal) are occurring as such regular rate and volume that there’s little time or opportunity to integrate. Secondly, many have no intention or desire in becoming “Americans”. They are here solely for a payday.  These are economic migrations. As a result, few bother to learn English, the laws, or adopt to customs, values, or traditions. They tend to congregate in their own ethnic enclaves. Many regularly support family back home. Therefore, nearly everything about them remain tied to their native country.

Black Americans have faced a series of serious issues since emancipation which the federal government has attempted to correct through legislation and various taxpayer based programs with varying degrees of success. As federal funding for programs and services are reduced or redirected, along with competition for jobs now being taken by Hispanics, black Americans are going to be forced to struggle harder.

Lastly, the percentage of Asians are growing more rapidly than previously. This is due to the influx of Asians from places like China, Philippines, South Korea, Taiwan,  Vietnam, and elsewhere. Another factor is that Asians tend to have large families (as do Hispanics). Thus, in certain areas, especially along the West Coast, Asians could come to represent minority majorities.

This brings us to an interesting question. With Democrats and Republicans shrinking in number, generational dissatisfaction with existing partisan politics (especially among Millennials, Gen Z and facing a declining number of Babyboomers and aging Gen X), what does our political, economic, and social future look like?  Cities, starving for economic  resources, are gobbling up smaller surrounding communities. Corporations are also continuing to gobble up everything they can, thus eliminating or consolidating competition. It already controls the government, and with it, controls funding as well as domestic and foreign policy.

 Technology, especially AI, is already proving to be a double edge sword. It’s provided opportunities for a few while reducing or eliminating jobs thus contributing to the already enormous gulf between the rich and the rest of us. It is also the tool behind our evaporating personal privacy and becoming the ever watchful eye of our emerging surveillance state. It bears mentioning that Millennials and Gen Z, both raised on technology, don’t appear to have the same regard toward privacy as older generations.

As I briefly touched on, the wage/income gap between the elites and the rest of society (which also benefits Congress and others in power) is widening. For instance, did you know that the top 1% control 31% of the nation’s wealth compared to the bottom 50% which controls just 2.6%? From 1979 to 2023, the top 1% saw their wealth grow 182% while the bottom 90% had a growth of 44%. The average CEO makes roughly 334 times that of the average employee.  

Are either of the two corporate owned parties equipped to deal with issues like these over the long term? The Democrats try to maintain power by never saying “no” and kicking the debt can down a short dead end road without a worry about who’s going to pick up the tab. The Republicans hope they can prolong the inevitable by cutting programs affecting the politically weakest and forcing open foreign markets by rook, crook, or rocket. They believe cutting taxes on mega corporations and the wealthy will improve the lot for everyone else.

Neither party are willing or able to make the changes which we need. Besides, it’s not in their vested interests to do so. It’s taken decades crafting the perfect scam. The tune they dance to isn’t the voice of the American voter. It’s sound of vast sums of money played by Wall Street. Corporatism, as under Fascism or Communism, requires a compliant citizenry convinced into surrendering their integrity and wellbeing to a state absent any real accountability, which to me is a lot like an alley cat telling a mouse to “trust me”.  Bon Appetit anybody?

 

Thank you for reading "Another Opinion", the Op/Ed blog page for the "militant middle".  Here at "A/O" we truly value our readers. At A/O we seek the facts as they exist, not partisan talking points.  We hope you find our articles informative and engaging. Comments are welcome, provided they are not vulgar, insulting or demeaning.  Another Opinion is offered without charge and is directed toward all independent and free-thinking individuals. We ask, however, that you "like" us on whatever platform you found us on in order to keep our articles available for free to others. Lastly, in order to keep costs down, we depend on passive marketing, and therefore, depend on our readers to please forward our posts along. Below you will find links to the sources we used in writing this article. Thank you. 

 

Political Polarization in the United States


Digging into America’s sour views on both political parties:From the Politics Desk


GOP Holds the Edge in Party Affiliation for Third StraightYear


Wage inequality fell in 2023 amid a strong labor market,bucking long term trends


Corporatism


U.S. Census Bureau: Quick Facts


Partisan Politics drags U.S. towards failed-state status


 

Thursday, February 27, 2025

Never Trumpers? Not Quite: What the World Thinks About America and Trump

 In 2016, the liberal left governments of the world were stunned as Hillary Clinton, the Democratic heir apparent to Barack Obama, was forced to conceded her candidacy for president. How was this possible, that a brash businessman and political outsider had denied Hillary her long awaited “coronation”  that the Left believed was all but inevitable?

For the next four years, Donald Trump proceed to dismantle the Status Quo. Nothing and no one was safe. Even the “Deep State’s” hold on government was threatened. Few of Americas allies and trading partners felt safe. Even military alliances felt threatened as Trump began demanding that allies start picking up more of the costs for their own defense.

Up to then, the burden fell largely on the United States while they redirected money to their economies. Then came the 2020 election, and the Status Quo was back in power, and their nightmare was over.  It was time to restore order. But that wasn’t all that happened, the 2020 election displayed for the world to see just how deeply divided Americans were.

To make matters worse, it showed the extent the Status Quo was willing to go to retain its power by propping up a man in obvious mental decline and expecting everyone to play along. This was “The emperor has no clothes” writ large for all the world to see. Confidence in American was now in a freefall.

 President Biden’s approval rating  averaged just 42%. His Vice President, Kamala Harris, was polled as the worse VP in U.S. history (and then the Democratic Party had audacity to put her up as their presidential nominee!). By the time Biden and Harris left office, America’s allies and trading partners had serious concerns. It seemed that nearly everyone was talking about America’s power in the past tense.

We left Afghanistan, after 20 years of war, worse off than when we arrived. Iraq wasn’t doing so great either, and our regional “arch-nemesis”, Iran and all its “baby vipers” like Hamas, Al Qaeda, ISIS, and Hezbollah, were feeling more emboldened than ever. China was now viewed as the new world economic superpower, and it wasn’t being shy backing it up. Not since WWII has nations in the Pacific felt so endangered.

We found ourselves butt deep in the shenanigans that triggered the war between Ukraine and Russia and even threatened the integrity of NATO over promises and deals which should never had been made.  Illegal immigration was out of control and our politicians lacked the will to stop it. But, as the expression goes, “history doesn’t often repeat, but it does rhyme”.

On November 7, 2024, Donald Trump accomplished what few---here at home or overseas--- thought was possible. He defeated the “swamp”, despite years of attempts to financially break him, attacking him and his supporters criminally, and constant political propaganda by the “impartial” mainstream media (cue sinical laughter). They even literally tried to assassinate him.  In Europe as well as Asia, Latin America, and Africa, friend and foe alike did their best to villainize  or humiliate him or anyone who openly supported “The Donald”.

It’s been written by biblical scholars that God would often consigned his chosen prophets to the desert wilderness, to be scourged by the blistering hot winds and sand, the blazing sun, the barren landscape, and constant thirst in order to prepare them for their chosen task ahead.

While no one (especially me) is claiming that Trump has been chosen by any other deity for anything, there’s no question that he has been purged of any doubts or illusions about who he is up against or what it will take to defeat an oligarchy which has destroyed the Republic and substituted in its place, a neo-fascist corporatocracy.  Perhaps more importantly, it has shown who has Trump’s back, both individually and globally.  So, where does the world stand?

Let’s start with Europe, which has traditionally been the focus of our interests for over 200 years. We were settled by Europeans and our country was founded on the ideals of the European Enlightenment and on the model of ancient Rome and Greece.  

Twice now we’ve bailed Europe out of two devastating world wars. We left some of our bravest behind, buried in European soil. Through the Marshall Plan, we invested billions to help raise the continent up from the ashes in which it found itself. We were also instrumental in saving western Europe from the clutches of communist tyranny. We’ve been there ever since, forging close partnerships politically, economically, and militarily.

According to a Visual Capitalist survey from January 2025,  40% Europeans generally are undecided about Trump’s second bite at the presidential apple (a Pew poll shows a 31% approval rating for Trump). While 38% see Trump’s presidency as a potential disaster of global proportions and 22% believe that it may herald in a new American “golden age” which could affect the world. Compare those numbers with that of President Obama where 53% had a positive opinion about him.

The UK is among those with a low opinion of Trump. Despite being our closest ally, 54% disapprove President Trump. 31% are on the fence and just 15% support Trump. As an aside, approval for Trump in Canada is a chilly 28% while the Aussie’s 35% positive rating.

In Germany, Trump’s confidence level is just 13% with 85% having low or no confidence in him. In Sweden it’s 81% no confidence. France and Spain both give Trump a thumb’s down with a negative 78% each. The Dutch and Greeks have only 25% approval rating for Trump. Among the Swiss, 44% are undecided while 23% like Trump, but 34% don’t.

The only place in Europe where Trump actually received positive numbers was in Poland with a 51% confidence level and Ukraine (which is heavily dependent on the U.S. for aid) which gave Trump an approval rating of 44%.  Still, 37% of Ukrainians had no confidence in Trump. As for Russia, 67% had a negative opinion about Trump with only 20% having a positive view of him.

Turning to Asia, only India and the Philippines had a positive impression on “The Donald”. In India it was 56% while in the Philippines that number was 77%. In South Korea, which is heavily dependent on U.S. military support, Trump’s confidence level was 46% with 52% have a negative opinion. In Japan, another country which depends heavily on the U.S., just 36% are confident in Trump and 61% aren’t. Lastly, in Indonesia, polling shows a 30% positive confidence level for Trump and a 40% negative.

In looking at Africa and the Middle East, our main ally, Israel has 71% approval rating of Trump. Israel’s neighbor, Lebanon, things were different. 67% voiced no confidence in Trump.  Nigeria, and Kenya do as well with a  58% and 65% positive approval respectively, whereas Turkey, a key NATO and EU ally, has an 84% negative level of confidence in President Trump. In Tunisia, just 12% said they had trust in Trump (75% didn’t).

In looking at three of the largest economies in Latin America, 89% of Mexicans reported no confidence in Trump (much of that, no doubt, coming from his crackdown on illegal immigration). Only 8% said they could trust Trump. In Brazil, President Trump’s positive confidence level was only 28%. 60% said “no”. Meanwhile, in Argentina, it was worse. 69% turned down Trump. 28% said “si”. It bears mentioning, that of the last five U.S. Presidents, Obama has had the highest global approval rating. First term Trump was the lowest.

It shouldn’t come as a surprise to anyone that those on the political Right had the highest levels of confidence in President Trump. In Israel it was 86%. 55% in Australia and 50% in Italy. In Hungary, Trump polled a 57% positive rating. It was 58% among conservatives in South Korea. Among the Poles, it was a plus 61% for Trump.

Interestingly, however, among the Dutch and Spanish Rightwing parties, Trump’s numbers weren’t that high. Just 35% of conservative Dutch approved of Trump while 31% of the Spanish conservatives did. Conservative Germans had only a 21% positive opinion of him while it was just 21% among conservative Argentinians.

Looking at another poll, this one done by the European Council on Foreign Affairs, the question was posed as to whether Trump was a good thing for the American People, 69% of those surveyed in Saudi Arabia said “yes”. So did 50% in China, 59% in Russia, and 85% in India. Ukraine and Indonesia weren’t so sure. Just 37% of Ukrainians said “yes: as did 38% of those in Indonesia.

Interestingly, when it came to Europe in general, only 34% of those polled thought that President Trump would be a good thing for Americans in general. England polled the lowest with only 24%.

The same poll also showed that 75% of Indians felt that Trump’s reelection was going to be good for the world in general. However, from there the numbers quickly drop. Just 49% of those surveyed in Saudi Arabia agreed as did only 35% of Russians. In China it was 34% and 29% in Turkey.

Once again, Europeans displayed their low opinion of “The Donald”. 22% saw Trump’s second term as positive for the world. 15% of the English agreed with 50% a hard “no”. However, a paltry 13% of South Koreans were looking forward to Trump 2.0. It bears mentioning that 48% weren’t sure. 15% were sure…that Trump needs to go.

In a related poll, this one from June 2024 by Pew, respondents in 34 countries were asked their overall opinion of the United States. In general, 54% had a positive view of U.S. while 31% held a negative opinion. In looking at those with the highest opinions of the U.S., Poland had the highest with 86%. Ghana and Kenya were tied with 78%. They were closely followed with Israel, South Korea, and Thailand with 77% each.

In looking at the countries with the highest negative opinion of America, we have Tunisia with 87%. Our NATO partner, Turkey, was second with a 77% negative view of the U.S. Malaysia had a 65% negative opinion of the U.S. followed by Australia at 60% and Singapore showing a 50% negative opinion of the United States.  As an aside, just one in five Europeans regard America as an ally.

There’s no question that Donald Trump is a polarizing figure. Most people, whether here in the U.S. or abroad, either like him or hate him. There are very few in the middle or with no opinion. With America’s influence waning, confidence in the American Presidency could have a serious impact on global relations no matter how much saber rattling there is. In the high stakes game of global politics, the only thing worse than being disliked is being ignored like Trump's predecessor was. 

Trump has proven to be an excellent business negotiator despite (or because of) his bravado and unpredictability. That’s good for America. But in our highly integrated world, success has to be viewed from a position of a mutual win for all concerned. Furthermore, we have to accept that we are no longer the “big dog” on the block. Might alone doesn't make right. We sometimes have to allow others their time in the sun. Is Trump capable of that? I don’t know. Only time will tell.

 

Thank you for reading "Another Opinion", the Op/Ed blog page for the "militant middle".  Here at "A/O" we truly value our readers. At A/O we seek the facts as they exist, not partisan talking points.  We hope you find our articles informative and engaging. Comments are welcome, provided they are not vulgar, insulting or demeaning.  Another Opinion is offered without charge and is directed toward all independent and free-thinking individuals. We ask, however, that you "like" us on whatever platform you found us on in order to keep our articles available for free to others. Lastly, in order to keep costs down, we depend on passive marketing, and therefore, depend on our readers to please forward our posts along. Below you will find links to the sources we used in writing this article. Thank you. 

 

Europe’s Concern Over Trump Isn’t a Universal Opinion


What People Around the World Like and Dislike --- About theAmerican Society and Politics


In a new poll, Europeans express little faith in America’sfuture influence


Why is the World Betting Against American Democracy?


Alone in a Trumpian World: The EU and global public opinionafter the US elections


Pew: Views of the U.S.

 

Friday, January 17, 2025

The Reckoning: Taking Back the American Dream

The Greek philosopher, Plato, said in his two famous political works, "The Republic" and "Laws", that unchecked economic inequality was a principal reason for the fall of democracies and the rise of demagogues.

But as History has repeatedly shown it's not only democracies, but nearly every form of government which will eventually collapse under the weight of economic inequality, which typically brings about political failure, from the ancient empires of Sumer and Babylon to Pharaonic Egypt, Rome, and up to modern times.   

Today, economists and political scientists are looking at the strain that climate change, rising prices and taxes, population migration, aging populations, crumbling infrastructures, rising public and private debt, public apathy, and failing school systems as symptoms of an increasingly unstable United States and Western Europe. Even China, India, and other nations along the Pacific Rim are seeing cracks in their economies as monies are diverted more and more to critical services.

The gap in quality of life between the top 20% and the remaining 80% has grown along every measurable statistic for the last 30 years. The cost of an average house has risen approximately 817% between 1970 and 2024, which is higher than the average rate of inflation (4.19% for housing compared to an overall inflation rate of 3.94%), All items, excluding food, rose 627% between 1967 and 2024. 

Using data from the Center For Economic and Policy Research (CEPR), between February 2020 and November 2023, average wages rose 19.4%. For individuals in production and non-supervisory roles, 21.9%, while for high demand non-technical positions such as hotel and restaurant workers, their wage shot up 31.6% (note that these jobs represent 80% of the job market). While an average increase in wages of 19.4% is pretty good, the Consumer Price Index, which measures the overall change of prices, went up 18.8% for the same period. 

Starting with the COVID pandemic in 2020 and continuing through November of the following year, the price of food jumped 24.7%, exceeding the average growth of wages by 5.3%.  So, if you're seeing the content of your grocery cart getting smaller while the amount at the checkout counter getting higher, it's not your imagination or because you're unnecessarily splurging. For instance, the price of a loaf of bread has increased 28.8% since the pandemic while the cost of eggs have jumped 24.7%. 

While the consumption of red meat has been steadily declining, it still remains a staple for many U.S. households. Since COVID-19, the price of beef went up 30.3%, with the highest jump in price occurring in 2020 during the peak of the lockdown. Interestingly, the cost for chicken rose by the same percentage (driven up, in part, by the arrival of the "Bird Flu"). Milk, another staple found in most homes, saw a 20.4% increase per gallon. The good news (if there is any), is that the prices of milk and milk related products (such as cottage cheese, sour cream, and butter) are showing signs of stabilizing and in some instances, even dropping.   

As an aside, most Americans tend to struggle with their weight. Americans are notoriously overweight according to the National Institutes of Health (NIH), which say that one in three Americans are over their optimal weight. Just over one in three men (or about 34.1%) are considered obese while about one in four women (27.5%) are "chubby" while 42.4% of both genders are considered seriously overweight. This, of course, is part of the reason for the explosion in diabetes and heart disease. 

While some individuals are overweight due to genetic or other medical conditions, most are tubby due to their lifestyle. One common recommendation from physicians to deal with our weight problem is a combination of regular exercise and adopting a healthy diet. However, the NIH reports that the cost of many diet suggested foods, such as vegetables, fruits, and oils, have risen in price by an average of 17.9% since the pandemic. Ironically, Unhealthy foods have seen an increase in price of just 9%!  The single exception was the price of fast food, which rose 14.7% between 2019 - 2022.  It should be mentioned too that since 2000, the cost of medical care, including prescriptions, increased by 121.3%. 

Based on data from the United States Department of Agriculture (USDA), the price of fruits increased 9.5% between 2021 and 2022 while the cost of fresh veggies rose by 7.9% over the same period. Even the cost of eating out has jumped in price. On average, restaurant food prices have risen 7.1%. Of course getting to and from the grocery store, local eatery, work or just about anywhere else requires a vehicle of some sort. So, what about the cost of gas?

Under President Donald Trump, the average price of gasoline ranged from a high of $2.81 a gallon in 2018 to a low of 2.26 in 2020 (equaling President Obama's low in 2016). Under President Joe Biden, gas was $3.10 a gallon for regular in 2021 and rose to a high of $4.06 for a gallon in 2022. This is higher than the three previous presidents, Trump, Obama, and George W. Bush. However, in looking at the broader picture, from 2020 through the end of 2023, gas prices have risen by a astonishing 30.4%, thus outpacing wage growth for all but a few.

Despite the increase the cost of living for practically everything, not everyone is feeling the pinch. According to a recent study, conducted on behalf of Bank of America in 2024, roughly 30% of American households are living paycheck to paycheck (a similar study reported by CNN put that percentage at 35%). Another 20% or so percent can't afford to miss anymore than one paycheck before their financial house of cards begin to fold.  

What's meant by the expression "living paycheck to paycheck"? According to the Bank of America study, living "paycheck to paycheck" means spending 90% or more of your income strictly on necessities such as rent/house payments, food, utilities, or medical bills. 27% of all Americans have no money in savings. 27% of those over 50 years of age are in the same boat. On top of that, 40% of Americans have less than $1000 set aside for emergencies according to the American Bankers Association. Of that, 49% have $500 or less available while 36% said they have just $100 for emergencies (and yet, we can afford to send $64.1 billion dollars to prop up the Zelensky regime in Ukraine to fight a war that we encouraged). 

So, while the average American struggles to keep a food on the table and roof over their head (13.7% of Americans are food insecure while 14% of Americans have experienced homelessness at some point), the federal government lets approximately $92 billion dollars in corporate welfare annually slid by. Corporate welfare includes tax credits, give backs, preferable regulatory treatment, no bid contracts and automatic contract renewals, debt write-offs, deep discounts, bailouts, low or no interest loans, public grants, public-private partnerships (public money financed ventures), subsidies, and more.   

 From 1980 through 2021, the level of income for the Top 1% rose by 574%. For the Bottom 20%, it was just a paltry 31%. For the Top 0.01%, their wealth grew 832%. The Top 1%---about 12,000 households--- are 139 times richer the Bottom 20%. According to the Organization of Economic Co-Operative Development (OECD), a international economic and social policy forum, the United States has one of worse levels of income inequality among its 100 nation members. 

In 1971, 61% of American families made up the Middle Class. Today, that percentage ranges from 46% to 55% and declining. 50 million Americans now fall below the poverty threshold, and yet the federal government is doing little to stop the millions of illegal immigrants, the majority of whom falling into the poverty category, into the United States. Of course, we can't forget that women, on average, still earn just 82% of what men earn despite being mandated by federal legislation. 

One other factor to look at is the wage inequality between CEOs and their employees. In 1965, the average CEO made roughly 21 times that of their employees, which sounds reasonable. As of 2023, that percentage is 290 times more than their employees (there are 58 companies where that ratio is 1000 to one).. To put it another way, between 1978 and 2023, the pay of the average worker (wage and benefits) rose by 24%. Over that same time period, pay and benefits for CEOs and senior officers went up 1085%. The median pay for a CEO in 2023 was $16.3 million dollars according to a report published by the Associated Press (the data was comprised by Equilar). 

Can the United States continue with this level of income inequality? Ever since the decline of organized labor in the late 1950's, the income ratio between the working class and corporate leadership has been expanding, in part because the composition of their compensation package has changed to include more stock options and performance incentives. 

Meanwhile, similar types of incentives for employees have been reduced or cut, not to mention wage and/or benefits through so-called "voluntary give backs" out of fear that their jobs would be eliminated or the facility closed and sent overseas. Is this cost cutting measures to protect the business's profitability or merely a form of extortion? 

Since 1967, the Middle Class has been on a downward spiral, nearly matching the decline in public union membership. This decline of the union rank and file has meant a decline of union and non-union bargaining power and political clout which by extension, has directly affected the Middle Class. A strong working class, union or not, tends to mean a vibrant and financially healthy Middle Class. 

As mentioned at the beginning of this article, economic instability, coupled with public apathy, demagoguery and a well educated citizenry are a greater factor in the fall of democracies as well as empires, second only to severe and sustained climate events, than all other reasons. We have those in spades. 

Right now, we're facing not only extreme income inequality, but a strain on the economic elasticity of our social safety net, made all the worse by an defacto invasion, albeit non-military (at least at this point) of hoards of poor, largely poorly educated people who are interestedly solely in economic opportunities with no desire to contribute to their new homeland .

A people seeking to migrate or seek refuge will adopt to their new homeland's values and traditions. They will adapt to the laws and find ways to contribute. They will pay for public services through taxes. They will learn their adopted country's language.

 An invading army will do none of these things. Their objective is to supplant everything they can by any means available. They'll establish exclusive enclaves, turning them into semi-automatous zones of occupation, daring their hosts to enter. They will pervert the laws of their hosts. They will plead for tolerance when their numbers are small but offer none when there number have grown. 

Distrust in the government and media are at all time highs and have been that way for decades. Mediocrity at all levels of society, especially politics, are accepted as the norm. Excellence is often mocked if not actively discouraged. Herd mentality is the rule. 

The good news to all this is that there's a growing resistance to the ruling Status Quo. People are walking away from the Corporate imposed partisanship.  People are not just questioning so-called "authority", they're challenging it. The scripted narrative is no longer accepted. 69% of the public has little or no trust in the corporate media.

Increasingly, we're waking up to being played by the ruling class. The approval rating of Congress is laughable 17% We're refusing to accept the artificial divisions they want us to play. It's time we stop playing by their rules and start working to build a society which can benefit everyone. Not by mandating equal outcomes, but by ensuring equal opportunities. We need a society that our Founding Fathers would be proud of.   


 Thank you for reading "Another Opinion", the Op/Ed blog page for the "militant middle".  Here at "A/O" we truly value our readers. At A/O we seek the facts as they exist, not partisan talking points.  We hope you found our articles informative and engaging. Comments are welcome, provided they are not vulgar, insulting or demeaning.  Another Opinion is offered without charge and is directed toward all independent and free thinking individuals. We do ask, however, that you be sure to "like" us on whatever site you found us on in order to keep our articles available for others, and that you please pass our post along. Below you will find links to the sources we used in writing this article. Thank you. 


Average Gas Prices Under The Past Four Presidents


Wages and Prices: Who Is Keeping Up with What? 


Healthy Food Prices Increased More Than The Prices of Unhealthy Options during the Covid-19 Pandemic...


Nearly Half Have less than $500 in Savings


Survey: One in Four Americans Have Less than $1000 in Savings


The typical CEO makes nearly 200 times more than their workers


   

Saturday, March 30, 2024

Finding Happiness in a "Brave New World"

Are you happy?  Most people would shrug their shoulders and say something like "I guess so" which isn't really much of an answer.  But for most people, the question needs to be qualified in order to give you a more honest answer. For instance, are you talking about my finances, my work situation, my home life, and so forth?

It would also be relative as to your situation at the particular moment.  As an example, you could say you're not real happy with your work situation, but then you suddenly get a promotion with more pay, and suddenly you're one contended clam. You could have cancer and feeling pretty depressed. Then, out of the blue, you get some news that reports a potential cure and your depression almost instantly goes to euphoria.

Nevertheless, to answer properly someone question about happiness, we need to take into consideration the topic and timing. Well, the World Happiness Report is published in partnership with Gallup, The UN Sustainable Development Solutions Network, Oxford Wellbeing Research Centre, and the WHR Editorial Board, decided they were going to poll the globe to find out.

The report, which is published annually, looks at number of wide ranging factors including age demographics, opportunities, health, population, GDP, political satisfaction, degree of freedom, and environment. So, without further adieu, let's see who's the happiest in the world and who isn't!

Starting with the overall score, Norway came in the fifth spot. In fourth place was Sweden. Third place went to Iceland while second went to Denmark. As for the top spot, that went to Finland...again! In case you didn't notice, but all five overall are Nordic, which isn't unusual. Scandinavia is typically ranked in the top ten when it comes to the best educated, best healthcare system, and best government (strictly based on personal opinion obviously).

When the list is expanded, the Netherlands, Luxembourg, Switzerland, New Zealand  and Australia round out the top ten. Notice who's missing? Yelp. The United States didn't fare to well. In fact, for the first time ever, the U.S. fell from the top tier and landed in the 23rd spot, just ahead of Germany in 24th.  The countries just ahead of included Czechia (18th), Lithuania (19th), the UK (20th) and Slovenia holding down the 21st spot.

It's worth noting the bottom third worst countries to live in are mostly in Africa, although Afghanistan is dead last in the 143rd position (Lebanon is just above it at 142),  With the bottom third being the worst places to live in terms of happiness (not to mention economics and opportunities), it's no wonder that Europe is overrun with "migrants"  mostly from Africa. Unfortunately, most appear to be looking for four star rated accommodations and other freebies rather than a job.

In examining our drop, the report says that among those 30 and under, the U.S. ranked a pitiful 62 place. But for those over 60, the survey said the tenth place was all ours (as an aside, the 30 and under crowd are the Millennials and Gen Z while those 60 and up are mostly Babyboomers and some Gen X.  It also includes those of the Silent Generation and the Greatest Generation).  

Before going any further, I need to break up these groups by date. The Greatest Generation (WWII) comprises anyone born before 1927. The Silent Generation is 1928 - 1945. Babyboomers are 1946 - 1964. Gen X is 1965 - 1980. Gen Y/Millennials 1981 - 1996 . Gen Z is 1997 - 2012 and Gen Alpha is 2013 - ?.

It should be mentioned that among Millennials and Gen Z, political party registration is its lowest and dropping.  Among Millennials, Republicans make up barely 21% of registered voters. Democrats are 27% while Independents are a whopping 52% and growing. Among Gen Z, it's not much different. Republicans are only 17%. Democrats are 31%, and Independents are again 52% and continuing to grow.

When we look at Gen X, Republicans make up 30% compared to Democrats at 27%. However, Independents are 44%. Among Boomers (that's me), Republicans are 35%, Independents are 33%, and Democrats are a close 32%. The Silent Generation is the Republicans core voter group. The GOP makes up 39% while Democrats take up 35% and Independents are 26%. As an aside.

The "World Happiness Report" would seem to back this up as it says those under 30 are increasingly unhappy about pretty much everything, but especially the economy, the environment, and corporate control of politics.

Another way to look at how the percentages by generation will affect voting and the economy is based on generational preference for capitalism (our current system) and some form of socialism (likely similar to the top ranking happy Scandinavians).  The Silent Generation overwhelmingly back capitalism with 77% in favor. The balance is equally split between socialism and no preference.

Baby Boomers like their capitalism too (despite their Che posters). 60% back capitalism. 16% like socialism, while 10% are too high to care. When it comes to Gen X, we start to see a shift. While capitalism still wins out 39%, 14% want socialism. Significantly 22% don't care. When we get into Millennials, the shift becomes a little more noticeable.

Among Millennials, 34% like our current capitalist model, although 20% prefer socialism of some type yet 21% are open. Lastly, let's look at Gen Z. Although mostly in their 20's, only 29% support capitalism while a close 28% back socialism and 19% are willing to go either way. So what does that means?

From my take on the numbers, as the Silent and Boomer generations age out, the new power players will be the Millennials and Gen Z. Given the present situation of the United States (such as need to stay on an artificial war economy to get economy going, growth of illegal immigration, slide as a world power, failing infrastructure, etc), I would expect a change away from our current predatory form of capitalism.

In its place, a more managed economy which may include more regulation, especially of critical resources or industries. The biggest change may be the political system. In place to a corporate controlled duopoly, we may find open primaries, easier entry for third party and Independent candidates into election, real campaign finance reform, and term limits. 

While I question whether our southern border will ever again be secure, I expect Spanish to become our second defacto "national" language. (its essentially that already)  The U.S. will start showing concrete signs of balkanizing into racial and ethnic zones. Maybe the "Reconquista" will happen yet.

Gen Z and Gen Alpha may be the last wholly American generation. The U.S. economy may show short lived signs of the dominance it once had, but we will be in stiff competition with countries like India, China, Mexico, and Brazil (all, incidentally, members of the BRICs union). Other similar economic and military unions will form out of necessity in order to compete and defend trade lanes.

For those of us of the Silent, Baby Boomer, and older Gen X generations, the America we grew up in with all its idyllic collective memories  are gone, never to return expect on late night reruns. The Oligarchs are working hard to build a bulwark against what's coming, not for our sake, but for theirs. Their aim is to minimize choices while making it appear choices are abundant; to create a managed political and economic system.

That also entails more surveillance. For instance, while we'll have more electronic goodies than we can imagine, but ultimately you have to wonder who do they serve---us or someone else. Siri and Alexa have already proven they passively listen and store damn near everything. At what point does the illusion of convenience trump  our right to privacy? 

Will our electronic cars take us only to where we're authorized to go based on our credit rating?  We'll also interact less and less with our fellow human beings. We will start replacing flesh and blood relationships with cyber ones. Even our sex partners may come with off/on switches!  

 Our definition of "happiness" will surely have to change to meet changing technology and global demographics. Even "happy" Scandinavia is rapidly changing.  The so-called "migrants" pouring into the country and demanding to be given their free share of prosperity without contributing. I guess when you import the third world, you get the world.  I bet even Aldous Huxley couldn't have predicted this  "Brave New World".


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World's Happiness Report 2024


These are the world's happiest countries in 2024


Finland named the world's happiest country (again) but young people are struggling


Party identification in the United States in 2022, by generation


Millennials,Gen Z Clinging to Independent Party ID


Which U.S.Generation Holds The Most Political Power?


Gen Z willchange capitalism as we know it


 

Saturday, October 21, 2023

A Nation Out of Balance: Wealth Inequality in America

Did you know that the top 400 richest individuals in America are worth a combined $4.5 trillion dollars? Of those, the top four are worth about $1.9 trillion dollars. Do you think you have what it takes? Just to make it into the top 400 you'll need a minimum net worth of $300 billion dollars. In addition, the top 20 are worth 30% more than they were this time last year. So, who are these modern day descendents of King Midas?

The top five wealthiest individuals are Elon Musk ($180b) at the top, followed by Jeff Bezos ($114b), Bill Gates (135.8b), Larry Ellison ($119.5b), and Mark Zuckerberg ($117.5). Zuckerberg is also the youngest at 39. Warren Buffet is the 7th richest person and Charles Koch ($54.2b), the villain of liberals everywhere, is 17th. Julia Koch ($54.2b), widow of Charles' brother, David, is 18th, making her one of the wealthiest women in the world.  

As an aside, these are the richest individuals in America. Globally, Bernard Arnault of France is the second wealthiest person, behind Musk with a net worth of roughly $174 billion. The balance of the list is the same, making the top 9 out of 10 richest Americans.

Meanwhile, Michael Bloomberg ($69b), the bane of conservatives, is actually much richer, clocking in at 10th place.  Of course, these figures are approximate. By the time it took just to type the figures, they already grew several hundred thousands of dollars. And for those who like to gloat, former President, Donald Trump, is no longer among the top 400 wealthiest. According to Forbes, "The Donald's" wealth has dropped from $3.2 billion to $2.6 billion. While that puts him about $300 million dollars shy of the top 400, I doubt Melania is having to clip coupons.

But what about us ordinary Americans? How do we stack up? As of 2022, the "official" poverty rate in the United States was 11.5% or around 37.9 million people. The number of children living in poverty as of 2022 was 12.4%, up from 5.2% in 2021. However, the actual poverty rate of Americans is much higher, especially when you consider that 49% of Americans are dependent in some matter on government services. That translates to roughly $1.19 trillion dollars or 20% of the federal budget.   

Historically it's been the middle class which has provided the economic and social structure to society. The middle class provides the overall stability which keeps capitalist democracies afloat. Ideally, a society should have a relatively small upper class and a small lower class with a large center. However, that's not the case anymore.

In 1971, 61% of Americans were middle class. By 2021, it was just over 49%.  To make matters worse, those in the upper third of the middle class dropped significantly to middle income while many of those previously in middle portion either remained the same or dropped into the lower middle class, thus making the lower middle class the largest of all the economic classes.

Minorities, which had struggled for decades to reach a middle or upper middle class lifestyle (reaching their zenith in the 1980's) have dropped to middle or lower middle income. The decline of the middle class coincided with the closure of factories and exportation of good paying, and mostly union jobs overseas in the name of improving shareholder profitability and staving off corporate raiders.  

The decline of the middle also coincided with growth of the lower class which increased to 25% of the population (some studies put the figure closer to 29%). Of that 13% were classified as "working poor" while 12% were defined as "underclass". Note that none of this takes into consideration those who are under employed or have simply given up looking for employment.

I should also mention that the rate of homelessness has also grown along with the decline of the middle class. Currently 22% of the homeless are categorized as "chronic", meaning they are unable to be find regular shelter. 5% of the homeless have children with them (defined as those under age 25).  6% of the homeless are veterans. The majority of homeless, 21.5%, are men. 13.3% are women.  

When we take a look at wages, the situation becomes more dire. As of 2022, the average company CEO made a whooping 670 times more than the average employee---not the lowest paid employee mind you, but the middle income earning employee. That means for every dollar the average employee earns, the CEO gets $670. In 2021, that ratio was 399-to-1. By 1989, it was 59-to-1, and in 1965 CEO's made $29 dollars for every dollar the average employee made. 

Between 1979 and 2022, the pay of senior company executives went up 1209.02% while the average worker's compensation went up 15.3%. It's worth noting that since 1975, prices overall have increased by 361.41%, or to rephrase it by saying that it would take $5.72 in 2022 to buy the same amount a dollar in 1975 would. Thus when adjusted for inflation, the purchasing power of a dollar relative the rise in wages, which helps to explain, at least partially, the decline of the middle class.

When we look at the situation globally, the picture is much the same. The upper 10% take home 52% of the income while the poorest 50% has just 8%. In terms of overall wealth, the top 10% control 85% of all wealth while the bottom 90% control 15% with the poorest segment owning a mere 2%. The top 1% control 50% of the world's wealth.  

Compare that with the U.S. where, according to the Federal Reserve, as of 2021, the top 1% controlled 32.3% of the total wealth while the bottom 50% controlled just 2.5%. As of the end of the second quarter of 2023, the Federal Reserve said that the top 10% control 69% of the total wealth while the lowest 50% had just 2.5%. The top 1% controlled just over 1/4 of the total wealth in the U.S..  

Globally speaking, the United States has the fifth worse level of income inequality out of the top 35 industrialized nations. Only Bulgaria, Turkey, Mexico, and Costa Rica were worse off. The U.S. also still had the highest disparity between CEOs and workers by a large margin. The next closest was Switzerland where the wage disparity between CEO's and workers was 148%, followed by Germany at 147% and Spain at 127%.

As an aside, it should be pointed out that the COVID-19 pandemic contributed to the growing wage disparity since senior executives continued to receive their full compensation while the majority of the workforce was at home receiving next to nothing beyond unemployment and a couple of small government handouts (aka "stimulus checks").  

Also don't forget about their considerable investments in pharmaceuticals,  healthcare, and medical research. During the pandemic, Jeff Bezos, Mark Zuckerberg, Elon Musk, and six other billionaires made $360 billion dollars during the deadly outbreak. 

From March 5, 2020 through March 5, 2021, the height of the pandemic, Elon Musk's wealth increased by $118 billion dollars. Jeff Bezos saw an increase of $58 billion while Larry Paige and Sergey Brin saw their wealth grow by $33 and $32 billion dollars respectively. Mark Zuckerberg's portfolio increased by $29 billion, while Larry Ellison's grew by $28 billion. Bill Gate's financial worth blossomed by $24 billion. Two other billionaires, Steve Ballmer and Michael Dell saw their wealth grow by $23 billion and $18 billion. Money begets money, and they have a lot of money to beget! 

The ever expanding wealth inequality has effectively created a two tier society both in the United States and abroad. The middle class has historically been the glue which held capitalist democracies together. Even during feudal times, it was the well-to-do peasant class which helped prop up the monarchies. The middle class has provided an incentive for the lower classes to try to achieve economically and socially while providing a social barrier for the upper classes.

It has been said that the middle class is the only thing protecting the rich from being murdered by the poor. However, if the middle class no longer has as much to protect, then there is no reason it shouldn't make common cause with the lower class which has happened previously in history. If that should occur, there would be a complete upheaval in society.

The choice, therefore, that we all must accept is either fundamental and real change in how society functions economically and politically, including possibly a defacto cap on individual wealth and a minimum corporate tax, or face a real threat of more radical changes at home and globally.

There is no longer a middle ground. Attempts by politicians or the corporate media to divert our attention with another "crisis de jure" or even their blatant refusal to protect their financial interests just aren't going to cut it anymore. It's past time that we took charge of this country again.  

In addition to the links below which explain the statistics mentioned above in greater detail, I've also include two short videos below which illustrate what we've discussed more entertainingly. We hope you enjoy them and will let us know what you think about the decline of the middle class and bifurcation of society politically and economically.

 

Video: Wealth Inequality in America: Visualizedfor 2023 (13:19)

Humphrey Yang


Video: Wealth Inequality in America (6;23)

politizane


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List of wealthiest Americans by net worth

 

Donald Trump drops from the Forbes 400 list of richest Americans. Here's what changed


For most U.S. workers, real wages have barely budged fordecades


Wage gap between CEOs and US workers jumped 670-to-1 lastyear, study finds


These charts show the growing income inequality between the world's richest and poorest


OCED: Income Inequality


State of Homelessness: 2023 Edition