Paul Ryan's budget isn't class warfare, it's class genocide

by Tom Wellington on 4/29/2011 10:28:00 AM

The thirty year long subterranean class warfare of the rich and super-rich against the middle class is entering its final phase – Class Genocide.

Until now, the top 1% has appropriated to itself the benefits of the country’s economic growth, while the middle class stagnated. While making the tax code more regressive, they wealthy have also cut programs that helped people out of poverty and into the middle class. In part they rich were enabled by the American middle classes’ dreams of moving up. Particularly during the booms, entering the top 10% seemed just one stock pick or house flip away for many people, so with a little luck that low-upper bracket could soon be theirs. Since the first government programs cut helped move poor people into the middle class, cutting them did not hurt already middle class Americans. There was always a racial and ethnic component to shutting down entry into the middle class that the politicians subtly played off of.