The Great Squeeze Out
For decades, wealth has been drained from the working class, the middle class, and even the government — and hoarded by a tiny elite. This isn’t natural. It’s the result of policy choices, especially massive tax cuts for the rich since the 1980s. This devastating "squeeze out" is currently crippling the government who are buckling under its pressure.
Just like working families before them, governments have sold their assets and borrowed to the brink. Now, with nothing left, they’re slashing your services to stay afloat.
The Five Stages of the Squeeze Out
Stages 1 through 3 are already complete! We are now living through Stage 4.
1. The Rich Accumulate, Prices Inflate
Tax cuts for the rich fuel a surge in asset prices – housing, stocks, land. The wealthy hoard assets; the working and middle classes cheer as house prices rise, but they don’t realise: they’re being priced out. Families sell off property to fund retirements, losing long-term security in the process.
2. The Poor Can’t Borrow Anymore
With no assets left, people relied on credit to maintain their living standards. But after the 2008 financial crash, lenders, owned and run by the rich, became far more cautious. Credit dried up, especially for poorer households, triggering an economic crisis as spending collapsed and poverty deepened.
3. The Government Steps In – and Falls Into Debt
Governments try to help, but they refuse to tax the rich. Instead, they sell public assets and borrow, becoming dependent on the same rich elites. They start to collapse.
4. The State Collapses
Public services are gutted. Welfare, housing, education, and healthcare are slashed. Governments claim they’re “out of money” — but the wealth hasn’t vanished, it’s just been hoarded at the top. This is the stage we are living through today.
5. The Endgame: A Society Only for the Rich
We transition into a society where only the rich have power, housing, services, and say. The rest are squeezed out — first economically, then politically. And when there’s no one left to squeeze, the rich fight each other. Historically, this means war.
Your grandparents fought for a fairer society. They won it by taxing the rich.
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