A market where chief executive officers make 262 times that of the average worker and 821 times that of the minimum-wage worker is not a market that is working well. And it is surely not working well enough to build a solid middle class.
America is becoming more and more dependent upon imports from foreign manufacturers than we are exports from our country in all fields: in appliances, in clothing, even food. This year America may become for the first time in its history a net food importer.
As I watch what is happening in the Middle East and the carnage that comes over our television screens every evening, I cannot help but ask myself, what is wrong with humankind that we cannot stop the killing?
I grew up in a family where our mother made our clothing. We didn't have a lot of money, so we learned how to scrimp, and we learned how to invent and to create. And those are learned skills.
In fact, our monthly trade deficit figure is so huge it equals the entire annual budget of our Department of Veterans Affairs. Veterans fought to make us free from foreign tyranny, but the new tyranny is taking a different form.
People are rapidly losing hope and trust. They believe their government has been captured by special interests and no longer cares about them, and they are right.
Strong efforts have been made in Ohio to curb the authoritarianism of our Secretary of State, Kenneth Blackwell, as he has purged people from lists in our State in particular precincts where voters are heavily minority.
That level of trade deficit throttles real growth in our country and continues the unfortunate path of selling out America. We are not winning the global trade war, we are losing it badly.
These Americans are among the working poor with full-time jobs earning $5.15 an hour. Millions fall into this boat, even more when you consider that the poverty line has not been adequately adjusted to reflect the true level of poverty in this country.
We came from a family where we ran our own small business. Our dad made his own products. We made our own sausages, our own meatloafs, our own pickles. Dad had to do everything himself. He had to figure out how to finance his business.
We have seen voters denied their rights in recent elections as they have been incorrectly purged from lists, their absentee votes not counted, and voting machine integrity and security not assured.
Who owns the assets of our Nation? Increasingly, foreign interests own our assets, and we owe them money. No wonder people think our country is headed in the wrong direction. It is.
Without a doubt, first thing we should do is clean up our fiscal house, and that starts with balancing our budgets and digging out of this red ink. We cannot expect to continue in this fashion and remain the leader of the free world.
