Robert Reich nails it again

From this FB post, a succinct and accurate summary of our economy situation. And it should be in every forthcoming populist campaign ad.

"Connect the dots: (1) Big corporations have parked over $1.5 trillion of their profits abroad, to avoid U.S. taxes. (2) Corporate tax rates in the U.S. are lower than they've been in seventy years. (3) American corporations are furiously lobbying for even lower taxes. (4) They're also fighting efforts to raise the minimum wage. Meanwhile: (5) Giant companies like Walmart and McDonalds don't pay their employees enough to get out of poverty. (6) Which means those employees have to rely on food stamps, Medicaid, and housing assistance. (7) Which are financed through our tax payments. (8) So, even as Walmart, McDonalds, and other big companies to everything possible to reduce their taxes and fight against raising the minimum wage, and refuse to pay their workers a living wage, you and I are subsidizing their low wages through our own tax payments in order to prevent millions of Americans from falling into poverty."