Income inequality in the United States is more pronounced than in other developed countries, a new report from the Congressional Research Service finds, while the possibility of economic mobility is more constrained than commonly believed. "Based on the limited data that are comparable across nations, the U.S. income distribution appears to be among the most uneven of all major industrialized countries and the United States appears to be among the nations experiencing the greatest increases in measures of inequality." – FAS Secrecy News Blog
Dominant Social Theme: In America, anyone can get rich.
Free-Market Analysis: Here's a big myth: US social mobility is fungible and anyone can grow rich. Now a report from the Congressional Research Service has found that income inequality in the US is extreme and growing worse. Also, that where you're born, socially speaking, is where you stay.
Did you read about these findings? Didn't think so. For one reason or another, Congress doesn't seem inclined to make a big fuss over this information. Wonder why.
Actually not. We think we know why. Congress's approval ratings are stuck near the SINGLE DIGITS and have stayed there for years. This is because most people in the US likely see Congress as an instrument of repression and the increasingly savage status quo.
There is a lot of truth to this assumption. Who at this point would want to work in Congress but a sociopath or psychopath? And there is plenty of evidence that the US Congress includes both.
• In Afghanistan and Iraq, the US has been using depleted uranium weapons regularly for nearly a decade. The poisoning of these poor people has been so intense that many die of obscure cancers and mothers are routinely told not to have babies. Neither of these wars has been successful, and the depleted uranium poisoning has injured hundreds of thousands of returning US vets as well.
• In the US, one third of citizens now have some exposure to the criminal justice system by the time they are in their early 20s. The US system of jurisprudence has resulted in some six million behind bars at any one time, more than half the world's population of incarcerated individuals. The costs in damaged lives and families in tremendous. Routinely, as well, innocent people are put to death, victims of Draconian US "justice."
• The US population on food stamps has exploded, with some 50 million using food stamps now. And ALL US citizens eventually come to use some form of government assistance, especially if one includes Social Security. Medicare is another ubiquitous and badly run program encouraging citizen dependence on the government.
• The Federal Reserve system, authorized and overseen by Congress, is responsible for the degradation of the US dollar by some 95-99 percent. The entire dollar reserve system is now on the verge of unraveling as the "depression" of the 2000s winds on with no real signs of abating.
• The income tax system, and taxes generally, remove up to 50 percent or more of a person's disposable income when one actually peers behind the various charges that are leveled on producers and consumers. Products are taxed all the way through the supply chain, so that the end price may reflect dozens of tax charges.
This is but a tiny sampling of the kinds of results that Congress has been partially responsible for. The executive wing, of course, is equally culpable, as is the US Supreme Court. Those born in the US are subject to millions of regulations and thousands of taxes that they had no say in creating. They are saddled, as well, with the US's "national debt."
The US has likely reached a point of no return when it comes to its regulatory, tax and monetary structure. The regulatory structure especially tends to freeze people into place from an economic and social mobility standpoint.
This is, of course, exactly what the larger power elite wants. The apparent handful of dynastic families that control central banking around the world use regulation, taxes and fiat-money inflation as a way of ensuring that the billions beneath them have little hope of advancement.
Yes, a tiny group of people seeks to implement world government apparently and uses various methodologies of control to shove the world and its billions in this direction. This is why societies around the world, including Western societies, are increasingly dysfunctional.
This is a change from several hundred years ago when the US itself emerged as the hope of the world for social mobility. This is also why the US has been under tremendous attack from the elites for nearly its entire existence.
The US "exception" shows us how a somewhat "free" society can actually work. Free banking, an economy based in part on gold and silver and a lack of formal regulation all catapulted the US into the topmost tier of the world's wealthiest countries.
But by the 20th century, the elites unceasing attacks on the libertarian positioning of the US had taken their toll. The proximate cause was the Civil War, which put the New York Banks (the European axis) in charge of the federation. From there it was just a matter of time.
In the 20th century, the authoritarians struck. The silver standard, removed in the 19th century, was suddenly buttressed by the graduated income tax and the Federal Reserve. Two world wars effectively militarized the entire US, gave rise to an empire and a shadow world government managed out of the City of London with branches in Washington DC, Tel Aviv and elsewhere.
The empire that the US has become is commonly seen by the bought-and-paid-for media as the apogee of sociopolitical and cultural achievement. But as we have pointed out, empire is nothing more than the last exhalation of a dying and corrupt culture.
It is the time PRECEDING empire during which cultures achieve greatness, when people have social mobility and control over their own lives, inspirations and inventions. Empire is inevitably a military excrescence that takes each positive enumeration of civil society and weaponizes it.
Pre-empire cultures are great places to live. But cultures that celebrate empire are miserable ones, full of hate, fear, paranoia and socio-economic and political control.
The US, now in the empire phase, is failing fast. US citizens can only look back to the pre-Civil War period for a glimpse of the freedom that created a great country that spanned the world with its agricultural, cultural and mechanical gifts. The phrase "Yankee ingenuity" became a cliché for a reason.
Above all, the US, "free banking" economic system based on gold and silver was the envy of the world. Though the power elite owned both gold and silver, it is evident and obvious that the elites could NOT control the US economy no matter how much gold and silver they owned.
In fact, this directly rebuts Greenbackers' contention that those who own the gold and silver will control the world even within a free-market economy. In the US, they didn't and could not. This helps bear out the truth of Austrian economists that it is impossible to sustain unwanted monopolies in free market societies.
They needed to use force, as they always do, to control society. First they fought the Civil War to destroy private banking and private money and to build up Wall Street and the power of the New York banks. After this in rapid succession came the graduated income tax, the Federal Reserve and various world wars.
And now social mobility is all-but-frozen in the US. The power elite has been immeasurably aided in their quest to subvert the freedoms in the US by the various myths that still exist in the country regarding the way it used to operate. The article, excerpted above, makes this point as well:
"Americans may be less concerned about inequality in the distribution of income at any given point in time partly because of a belief that everyone has an equal opportunity to move up the income ladder. A review of the literature suggests that Americans' perceptions about their likelihood of changing position in the income distribution may be exaggerated," the CRS report said.
"It … appears that going from rags to riches is relatively rare; that is, where one starts in the income distribution greatly influences where one ends up." See The U.S. Income Distribution and Mobility: Trends and International Comparisons, March 7, 2012.
We have long been aware of the increasing inequities in US society and the "welfarization" of the economy that has accompanied its authoritarianism militarization and regulatory and penal deconstruction. But eventually, the new realities probably will begin to wake up more people in the US.
When they do, we expect there may be considerable social trouble. People currently still anticipate the current "recession" will end. They cannot be blamed, struggling as they are, for not understanding that the power elite has apparently turned a fundamental page.
The elites now seek frank world government from what we can tell and are promoting economic disaster, regional and world wars and increased authoritarianism around the world in order to realize their goals. Out of chaos … order.
The problem, as we long have pointed out, is that what we call the Internet Reformation is increasingly educating and radicalizing much of the 'Net intelligentsia. This is a critical breech in the elite's plans.
The successful conclusion of the elite's plans is by no means certain, even though they try to make it appear so. They have certainly managed to deconstruct US exceptionalism and make the lives of many a living hell. But even this can be reversed over time and we don't count out the possibility that it shall be.