Letters to the Editor

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WEALTH: Old vs. young report a smokescreen

Letter by Charles H. Mathias, Steilacoom on Nov. 8, 2011 at 1:30 pm | 62 Comments »
November 8, 2011 2:43 pm

Never have I been swept so fast between euphoria and outrage as I was by the headline, “Wealth disparity at record” (TNT, 11-7).

At last, I thought, the biggest story of the past 30 years – the destruction of the middle class through economic vampirism by the super-rich — has finally made the front page!

Then I read the article. Sigh.

Focusing on one not particularly relevant statistic (in the context of the current economic crisis) – the old being relatively better off than the young by a factor of 47 to one – the article is a transparent attempt to distract us from the class warfare the 1 percent have been successfully waging against the 99 percent since the early 1980s.

In other words, hate the old, not the rich!

In discussing the disparity between young and old, the emphasis should be on relatively better off. If I have 47 peanuts in my pile, and you have one in yours, yes, that stinks. But the point is we’re wasting time squabbling over a handful of peanuts if, on the other side of the gated community wall, some folks are hoarding billions of peanuts and using the political clout those billions give them to suck up even more — including what’s left of yours and mine.

No doubt delighted by the media’s willingness to promote this bogus intergenerational conflict, the plutocrats probably envision fistfights breaking out between old and young demonstrators in Zuccotti Park. But I have a hunch the awakening masses are too smart to oblige.

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