With Congress locked in a fiscal stalemate, federal agencies in Teton County are beginning to implement budget cuts mandated by the sequester. Citizens are preparing for the prospect of fewer climbing rangers at Jenny Lake this summer, or a possible delayed opening of some roads in Yellowstone.
This video, which has been making the rounds in social media, helps reframe the broader debate over government funding. The skewed public perception of wealth distribution shows just how far the goalposts have been moved in terms of generating more revenue vs. spending cuts.
Those who like to portray the discussion in terms of “job creators” and “makers vs. takers” should have a hard time justifying how this isn’t a banana republic, let alone a just society.
The stock market hit an all-time high yesterday, but as the N.Y. Times reported, the economic recovery has favored corporate profits while doing relatively little for adding jobs or workers’ pay. This video plainly illustrates why.