The Economic Elephant in the Room

What the Republican candidates are not talking about in their knock-down-drag- out fight for the presidential nomination is really the biggest problem facing this nation right now, the widening gap between the rich and the poor. Trying to just dismiss the subject by charging “class warfare” does not address the problem, and certainly is not going to solve it.

The class war is over. The wealthy won, just like they did in the Gilded Age of the 1890s and in 1929 right before the Great Depression. But all one has to do is look at history to know that odds are very high that the victory will be Pyrrhic. Prominent Columbus attorney Morton Harris, in his talk to the Unitarian Universalist Fellowship of Columbus, quoted 1st Century Greek historian Plutarch, who said: “Too great a disparity between the rich and the poor is the most fatal malady of a Republic.”

Mort and I, and another attorney friend of mine, Milton Jones, were in the Columbus Jaycees together back the in the 1960s. Milt introduced Mort Sunday. In that introduction we learned that Mort was a pitcher for the Jaycees’ softball team, and Milt was his catcher. I won’t tell you what Milt said about Mort’s pitching since both are lawyers. But I digress. Back to the income and weath gap mess.

Believe me it’s not crying wolf or saying that the sky is falling, or even making a poltical statement. It’s fact. It is really a gigantic problem. As Mort said, “Poverty and the feelings of injustice can become the ‘fuel’ for ‘revolution,’ either at the ballot box or in the streets.

“The risk of too wide a gap is that our country could lose either its private economic system or its democratic political system, or both, if too many are living in poverty and believe ‘there is no way out, no matter how I try.'”

Mort says, “There is too little awareness and even less understanding of this growing ‘Elephant in the Room.'” That’s probably going to change once Republicans nominate thier presidential candidate and the actual campaigns for president start. In the meanwhile, let’s take a look at what created this problem and just how bad it is. Stay with me, and I’ll get into the specifics that Mort passed along today in future posts, and we’ll discuss possible solutions.  If you have any, let me know.

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One Response to “The Economic Elephant in the Room”

  1. Kurt Says:

    Some food for thought there. Seems like every few generations we have to re-learn this.

    Many forget, or never learned, that during the 1930s Depression we got dangerously close to fascism, communism, or anarchy right here in the good old USA. Fortunately, we’re not there yet and I’m hopeful we can right the ship before it gets to that point.

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