One of the most common talking points in Washington throughout the budget debate has been the idea that the U.S. government should treat its finances the way “average American Households” do. While that logic works when the suits on the Hill think of the families that live in their neighborhoods and look like they do, Melissa Harris-Perry broke down the numbers on why the line makes a better talking point than policy.
Guest hosting for Rachel Maddow, Harris-Perry discussed the new report from the Pew Research Center, which showed the wealth gap between minorities, and Whites had reached its highest levels in decades. Pointing out that debt and the wealth divide have put minorities at a clear disadvantage, Harris-Perry broke into her Princeton professor ways and schooled Washington on their faulty rhetoric in putting the burden of this nations debt on working families not the wealthy and the huge multi-billion corporations.
“As people of color become a proportionally bigger part of the American population, our national coffers will rely on them even more. We cannot pay off the national debt if households cannot pay off their personal debt, and if they are in debt, then you can’t cut enough to ever make it possible to fix our government’s debt problems, and particularly not if you refuse to tax that one group whose wealth is still tick, tick, ticking up.”
Amen for some sanity in the circus that can be cable news.