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Monday, April 12, 2010

Nine Myths about 'Socialism' in the U.S. http://www.zcommunications.org/nine-myths-about-socialism-in-the-us-by-bill-quigley

When you look at how the US compares to these 30 countries, the hot air myths about the US government going all out towards socialism sort of disappear into thin air. Here are some examples of myths that do not hold up.

Myth #1. The US government is involved in class warfare attacking the rich to lift up the poor.

There is a class war going on all right. But it is the rich against the rest of us and the rich are winning. The gap between the rich and everyone else is wider in the US than any of the 30 other countries surveyed. In fact, the top 10% in the US have a higher annual income than any other country. And the poorest 10% in the US are below the average of the other OECD countries. The rich in the U.S. have been rapidly leaving the middle class and poor behind since the 1980s.

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