Capitalism doesn’t ensure equal results

Bill O'Reilly at the World Affairs Council of ...

Bill O’Reilly at the World Affairs Council of Philadelphia, September 30, 2010 (Photo credit: Wikipedia)

That is the title of an op-ed appearing in today’s newspaper authored by Bill O’Reilly. In it, Bill talks about growing up poor and then working his way up the economic ladder when most Americans were middle class. Bill, you are living in the past. The middle class in America is disappearing fast and we need a vibrant middle class to preserve our democracy. You talk about switching employers if you weren’t satisfied with your job. That’s not possible for most people in most lines of work. Before I was encouraged to retire, I worked at the local hospital as an x-ray tech. Although some doctors employ x-ray techs, jobs outside the hospital are scarce and its costs real money to move in the hopes of finding a job elsewhere. That is doubly and tripley true in today’s economy.

When you were growing up, the rich paid a much higher rate of taxation and still many prospered. Your dad and most Americans were willing to see others do well because they knew that hard work was rewarded in America. That is no longer true for many Americans. In some industries, only part-time work at low wages with no benefits is all that is available. If many of us including Occupy Wall Street are upset because the 1% are gaming the system, they are right and the 1% are gaming the system and destroying our democracy at the same time. Bill, open your eyes and look around you. It’s a different world from when you and I grew up.

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