The current economy in the United States is the economy that "top tier" actually wants. It's a soft or weak labor market, taxes and regulations are low and lax and emerging markets represent the new customer base. There is no incentive that will change this, other then to make the things I listed, worse. More employment means a tighter labor market and greater expense for employers. Most companies believe they have achieved the desirable market share in this country and are moving to "greener" pastures, mainly places like China and India for new opportunities, as disposable income becomes more available. Bear in mind, more income for labor means less income for executives..and that's not something they want. Thus the only way to make things "better" in this country..in terms of incentives..is to make things worse. Which is what Conservative candidates are proposing to do. Cutting regulations will mean more deaths and more meltdowns. Breaking labor will mean cutting wages and benefits for labor. Cutting taxes will skew income upward. That's the future you get going down this route. It's been historically shown. It's been shown presently in third world nations. And overall top heavy nations really don't innovate, they stagnate. Good job boys.
They absolutely do not. Congress has been in almost total gridlock since 2010. And before that..it was doing the filibuster slow walk.
Which illustrates the absurdity of tax cuts for the very wealthy. They are NOT inclined to take on more risk with personal wealth and their disposable income is well over maxed. Which means they will not be adding to the consumer base. It's not at all stimulative.
An excellent and accurate assessment. The December 2007 recession was the best thing to happen to the private sector: it allowed business to lay-off workers, cutting labor costs and increasing profit, and reduced competition by eliminating marginal businesses. Consequently there is no incentive to hire, why cut into profit? And with the American worker more productive than hes ever been, trapped in his current position by high unemployment, businesses can extract greater production at less cost. This is exactly the economy the private sector wants.
They've cynically added a new class of employment to many sectors, consultants. Which means they can pay the same wage, without the benefits. Initially this started, largely, when Clinton was in power because of the tight labor market. Professionals could basically name their price. Now..it is the other way around.
Yes and no. It adds a burden on to alternate industries. People don't die right away. They get sick first. So the cost to an industry with a sick person negates the jobs created.
"I am always right and you are always wrong." This is the thinking of both parties, they are both wrong. But as long as there are sheep on both sides who believe their side is right - and it is the other guy that is wrong - nothing will change. You may not think you are a part of the problem Sallow...but this thread is exactly why you are a well established part of it. But you are of course far from alone. This economic mess is a combination of deep corruption throughout our ENTIRE government and the financial system. As well as a deep sickness in the American population to emphatically ignore the future for the benefit of today.