Bob Herbert’s Final Column in the NYTimesPosted: March 26, 2011
His last sentence is “New ideas and new leadership have seldom been more urgently needed.”
He used the complete entry to talk about the disparity of income distribution in this country.
“…the richest 10 percent of Americans received an unconscionable 100 percent of the average income growth in the years 2000 to 2007, the most recent extended period of economic expansion.” is a quote that really stood out in my mind. Poor Bob is still burdened with a conscience.
How greedy that top 10% have become. What happened to “noblesse oblige”?
I guess since there’s nothing ‘noble’ about grabbing all the marbles there’s no obligation. Easy.
Following the lead of GE who “despite profits of $14.2 billion — $5.1 billion from its operations in the United States — General Electric did not have to pay any U.S. taxes last year.” there obviously is no obligation.
I heard an interview on the PBS Newshour on 3/24 that said for every 3 hourly jobs in the US 1 was someone who was ‘guarding’ something. Cop, security guard, soldier, etc. Seems fitting.
I guess making all that money keeps one too busy than to stop & think about unprofitable things like Right & Wrong. The nearest we get these days is Right & Left or Red & Blue.
So let’s see. What percentage of the population is or has been in prison & can’t get jobs? And what percentage have been bankrupted by the mortgage scamming & can’t finance a house or car? And how many have been unemployed for more than 6 months & are statistically invisible?
Who is going to help us consume our way out of this?
I’m going to do my bit & head to the bar.