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| Meanwhile, nobody cares whether the QQ Percent are better off. |
Actually some Americans are much better off compared to four years ago. Corporate profits are at an all-time high. (Romney: "Corporations are people, my friend.") CEO pay and stock awards increased 5 and 10.7 percent, respectively, in 2011. And the One Percent captured 93 percent of the income gains in 2010, the first year of post-recession recovery.
Nevertheless, Romney's top priority is to cut these po' folks taxes and deregulate their industries.
What's Romney gonna do for the shrinking middle class? Zilch. (Look at his website if you don't believe me: Romney made specific Issues statements on Israel, Iran, Russia and attracting more immigrants to the U.S., but nothing on the American middle class. Go figure.)
In fact, Romney will have to raise taxes on the middle class if he wants to keep his promise to make his tax cuts on the wealthy revenue-neutral.
By LZ Granderson
September 5, 2012 | CNN
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