In the midst of the greatest economic crisis for America since the 1930s, the alarming reality is that the middle class, the backbone of America, is rapidly declining, as stratification of wealth has grown to be the greatest it has ever been in American history.
At the same time, we are witnessing the multiplication of the middle class in Brazil, India, China and Russia, and that is an alarm bell that this nation is in danger of a declining role economically on the world scene, in competition with these rapidly growing nations’ prosperity!
Who would have thought after World War II, that within two thirds of a century later, the concept of an American Empire that would be the world’s leader would come to a crashing halt, as the statistics now indicate is happening before our eyes?
This is not a time for accusations and for political points to be gained! Rather it is a time for all Americans to unite behind an economic program that promotes economic growth, rather than stagnation. Sadly, the likelihood of Congress working with the President when they come back after Labor Day is considered quite remote, and the losers will be all of us in this nation that deserves better!