When we had democracy, We, the People made the rules and we ran our country and our economy for our benefit. Now that we are a plutocracy things are different. The reason our elites are not doing anything to fix the economy is because from their viewpoint, things are just fine.
plu·toc·ra·cy noun \plü-ˈtä-krə-sē\
1: government by the wealthy2: a controlling class of the wealthy
Our political leaders dance with the ones that bring them. Increasingly they are dancing with the billionaires and their giant corporations.
Our politicians are doing and saying increasingly incomprehensible things. The separation from regular people is unbelievable. But in politics you "dance with the one that brung ya," and these things become comprehensible and believable when you look at who is bringing them to the dance.
In a democracy a successful business is the result of our investment in infrastructure, education, and a system that enables our businesses to thrive. A business can't deliver products except over the roads or ports or the Internet our government built. Our police and firefighters protect our businesses. Our schools and universities train and educate the inventors and managers and line workers. Our scientific research brings about the innovation that leads to new technologies and products.
"Entitlements" are the things We, the People are entitled to as citizens of a democracy. Those who do well as a result of our investment in our system pay back through taxes, good jobs and great products. When we were a democracy we wereentitled to a minimal level of retirement, and health care, education, protection if we lost our jobs, protection of our environment, protection from corporate fraud, and ...