War profiteers take priority over the needs of poor people

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Working people in America are screwed – while Republicans serve only the best interests of war profiteers. As a result of last year’s debt-limit deal – the bloated Defense Department’s budget will take a $78 billion cut at the beginning of next year – meaning fewer lucrative contracts for defense corporations to build weapons we don’t need.

But this week – Republicans in the House will vote on legislation to reverse those scheduled cuts to the Pentagon – and instead take the money out of programs to assist struggling working people. The Republicans’ trickle-down austerity proposal – slashes $379 billion from unemployment benefits, food stamp programs, and health insurance programs – all to make sure that the war machine in America is satisfied. Heading into the 2012 election season – Republicans have made their choice – they’d rather give defense contractors a second mansion in the suburbs of Virginia – than give hungry families enough food on the table to eat.

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Who Should an Economy Serve?

The top one percent own half of all the world's assets. In stark contrast, the bottom fifty percent of the world owns less than one percent. According to the 2014 Global Wealth Report from Credit Suisse, global inequality has surged since the 2008 financial collapse. The report explains that while global wealth has more than doubled since the year 2000, the vast majority of overall growth has gone to those who were already wealthy.

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