- Aug 12, 2011
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It could be fair to say that most everyone agrees both parties are needed for the economy to work.
The question is what is a decent liveable wage in today's world.
Comparing the US to third world countries and their labor forces just doesn't equate.
Our standard of living is much greater than those countries. Which seem to be right where
multi-national corporations are headed with their manufacturing etc.
Why? Cheap labor and lax environmental laws.
Seems fitting for them. The American worker needs to be treated with more respect and concern.
LIVING WAGES!!
The question is what is a decent liveable wage in today's world.
Comparing the US to third world countries and their labor forces just doesn't equate.
Our standard of living is much greater than those countries. Which seem to be right where
multi-national corporations are headed with their manufacturing etc.
Why? Cheap labor and lax environmental laws.
Seems fitting for them. The American worker needs to be treated with more respect and concern.
LIVING WAGES!!
It requires both capital and labor. Jobs are being created where the conditions are right for job creation. However, the discussion should not be about job creation but rather the kind of jobs being created. There are plenty of jobs in the US and other developed nations, temporary, part time, split shift, minimum wage, dead end jobs that provide bare subsistence.I always hear that capitalists create the jobs, well, everything the capitalist uses, acquires, the labor they use, it all comes from workers. Who are the real job creators?No, they invest the money. Others who work in the factories or in the offices or wherever, help the company to survive and to make a profit.
Try this. Take $100,000 and buy a building and all the equipment need for your "company" then lets just see how much money you make without help.
Try it, just once!
The Dow being up never seems to translate into jobs. Seems like there's a permanent cork in the tubing of "trickle down economics". Hoarding is a problem with the 1%. The cure, if not an adoption of a fiscal morality, should be one of patriotism. If that fails, a mandate. Either way the American economy cannot stand up much longer without one of the three.
Malignant greed is never suddenly overcome with compassion or patriotism. So when the rich grumble about raising taxes, they can look in the mirror when they want someone to blame. Gotta keep the consuming 99% consuming somehow..
The Chinese symbol for the American economy is a dragon eating its own tail.
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The stock market is not the economy. There has never been a better example of that than this market run-up.
This market growth has been based on QE/Infinity, and anyone not paralyzed by politics knows this.
When a hardcore partisan ideologue is discussing the market of the economy, there's no reason to pay attention.
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Thankfully then you'll be glad to know I straddle the middle of the aisle. I believe in capitalism AND a living wage. Wrap your head around that! What that means is, I know capitalism is what drives our economy. And I also know what drives our economy is the 99% consuming. You choke them out and you're putting the noose around your own neck if you're at the top.
Of course if you're at the VERY top, you don't give a fuck. That's because you are so wealthy that even a lifetime of economic hits won't crumble your castle walls. It's the top 15% of business owners that I worry about. They will soon find themselves in the bread lines as the middle class dries up and blows away in the wind.
This malignant greed isn't going to end pretty...
If the rich people all left, how pretty would it be? The rich people are the ones who have created all the wealth in our society. Without them, you would be impoverished and starving.
Trickle down economics, is how all economics works. Every bit of wealth the lower and middle class has, only exists because of the wealthy. Equally every job that the lower and middle class has, only exists because of the wealthy. Without trickle down, we would all be poor and impoverished.
Hoarding is not a problem. Wealth itself is dynamic. If you take a Rich guys Luxury sports car, and give it to a lower class person, without the wealth to maintain the car, the car will quickly end up worthless, and the Rich guy will buy another.
Moving wealth around, will never change the economic status of the people involved. Never.
America is one of the most compassionate countries in the world. The wealthiest people in our culture, give more money to the poor and charitable organizations, than anywhere in the world. That is not our problem. Our problem is greed and envy of the poor and middle class, who spend too much of their time being bitter and complaining about the rich, instead of working on improving their own lives.
The DOW and the Stock Market, was never about jobs. It's about the success of companies in our country. Success of companies, isn't about jobs either. If we make it unprofitable to create jobs in the US, companies will make jobs elsewhere, and still be profitable, and thus have a growing stock market. When you demand things like "a living wage", the result is that you make employing Americans less profitable, or unprofitable. Thus jobs are created outside the US. The DOW will go up, without jobs here in the US. Your policies have the bad results you don't like. Stop it.
Consuming is a natural part of any economy, and by definition is the driving force behind a consumer-driven economy. But consuming everything you have is not automatic. People should save and invest. But that's not the fault of CEOs or corporations if they don't. You are not pathetic children, at the mercy of big bad companies. Stop acting like it. Take responsibility for your life.
You don't need to worry about the top 15% of business owners. If the middle class dries up, they will simply work elsewhere.
France tried to soak the rich, and the result was the Rich packed up their money, and their jobs, and moved out of France.
The rich will be rich, and wealthy, either here at our benefit, or elsewhere, at our loss. You can't harm them. You can't punish them. The only thing you can do, is suffer when they leave. Atlas Shrugged. Read it.
Don't think that the middle class is going to harm the rich. You will only harm yourself. Especially since most of the business owners you are talking about, are already internationally connected. The CEO of Ford, can very easily move the companies to any number of other countries, and resettle there. They already have large offices, and regional headquarters elsewhere in the world. It wouldn't take much to move.
Similarly, they can move their jobs as well. If you push a "living wage" that makes it cheaper to build cars outside the US, and import them..... it won't take much to make that happen when they already have factories around the world.