Pretty much so
Government acts like a referee. Not to make one side or the other win, but to make sure each side has a fair chance
In the past 30 years, all the calls have been going for the wealthy. The wealthy are expected to contribute less and less to society while protections for the working class are eroding
Right and the middle and working class have been shrinking.
Explain to me how come the GDP has grown from 1929 of $1.109 Trillion in inflation adjusted to $18.051 Trillion in 2017 inflation adjusted.
Explain how this growth of 17% a YEAR since 1929 in inflation adjusted occurred.. even though the population has grown by less than 2%?
Explain how come in 1890, there were about 4,000 millionaires in the United States,
Google Answers: statistics on millionaires, late 1800s
In other words, $1,000,000 in 1900 is equivalent in purchasing power to $29,180,952.38 in 2017, a difference of $28,180,952.38 over 117 years.
$1,000,000 in 1900 → 2017 | Inflation Calculator
How many people in the USA have net worth over $25 million today?
There were 172,000 households with net worth above $25 million...
The Number of High-Net-Worth Households in the US Continues to Grow - Marketing Charts
So in the 128 years since 1890 there are 1,312 times as many millionaires. Again explain how that has happened?
Just over half (52%) of American adults lived in middle-class households in 2016, up slightly from 51% in 2011, but down from 54% in 2001 and 61% in 1971,
The shrinking of America’s middle class has finally ground to a halt
Finally I just find it so funny that people like you and your ilk are so afraid of competition. You want everyone to share equally regardless of intelligence, heritage, drive or education.
You and your ilk think the perfect world would be where everyone was equal in every way. Right?
How bland. How truly inhuman. Our genetic code thrived on competition. Yet you want to bring everyone down to your level rather than raise people up as has been done
in the above example.
Please explain why your method of robbing the people that worked hard for their successes is better?
I have no desire to discuss the economy of 1929 to today..it is irrelevant
No question there are more millionaires. There is also a wider gap between the very rich and the working class. The worker gets a smaller and smaller percent of our GDP even though productivity has increased.
The worker today has less bargaining power with his employer and our government is contributing to that
And there was a definite decline in median wages under Obama as this chart shows.
You really don't believe that statements like these that Obama made helped the economy do you?
FRED Graph | FRED | St. Louis Fed
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No way will any business grow when rules and regulations consume nearly $1.2 trillion of the GDP yearly just in compliance.
I mean ACA was a perfect example:
Obamacare required an employer with 50 or more employees to have group insurance plan, Obama never understood that the employer would be faced
when the employer wanted to hire another employee to the 49 employees it would cost an employer an average of $284/month per employee.
50 employees times $284 equals $14,200 more per month.
Solution: Hire two part-time employees. No need to spend $14,200/month
As a result
A new study by economists from Harvard and Princeton indicates that 94% of the 10 million new jobs created during the Obama era were temporary positions.
The study shows that the jobs were temporary, contract positions, or part-time "gig" jobs in a variety of fields.
shows that the proportion of workers throughout the U.S., during the Obama era, who were working in these kinds of temporary jobs, increased from 10.7% of the population to 15.8%.
Nearly 95% of all new jobs during Obama era were part-time, or contract
So certainly that kept Median wages in decline starting in 2008...
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Nobody is claiming that the trend which started under Reagan did not continue under Obama
We are claiming that working Americans are being squeezed out of our prosperity and our government continues to help those who are already making obscene profits
So it seems that the original premise of the founding fathers...i.e. independence. Self-reliance. Freedom to advance at your own pace is what you want to replace.
It seems also that labor unions were your major angst against Reagan and the rest of us that favor self-determination and reliance on our own intelligence, hard work and replace it with co-op, union dependency which you favor.
Using my own and my Father's union experiences (both of us were union members) which are certainly subjective and biased against unions' protectionism that favored
keeping everyone on a same basis...i.e. socialized we found it chaffing to work the full 8 hours while we watched other union members slough off and yet still be protected.
We found our personal experiences frustrating that the unions' contracts were totally slanted towards screwing the employers.
Personal experience on my part is as a utility working repairing pallets one day I had opportunity to work on NEW lumber pallets. My foreman came around later in the day
telling me to stop as the union steward said "only carpenters under the union contract allowed to work on new lumber"!
Think about that nuance. I could repair old pallets with new lumber but when it came to "new pallets" i.e. new lumber only carpenters!
Stupid idiotic union got away with that because the employers didn't want a strike.
Here is a specific non anecdotal illustration of why auto makers for one went off shore under encouragement by our "globalists" presidents!
Unions have also displayed a territorial bent that borders on absurdity.
A Wausau, Wis., public employee union stopped an 86-year-old resident from being a volunteer crossing guard. WAOW-TV reported that union representatives didn’t want the man volunteering because it weakened their case to hire a unionized worker instead.
In another case, a Racine, Wis., public employee filed a grievance because inmates were cutting the grass free of charge.
The union worker claimed it was the “right” for government workers to cut the grass, according to the Racine Journal Times.
Wisconsin's Most Outrageous Examples of Union Collective Bargaining
Union Rules were Harder to Digest than Twinkies | Zero Hedge | Zero Hedge
As most people know by now, Hostess Brands - the maker of such American junk food staples as Twinkies, Ding Dongs and Wonderbread - announced last week that it had failed to come to terms with the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union and its 5000 striking members, and thus would enter Chapter 11 bankruptcy to unwind the company, sell off its assets and eliminate 18,500 US jobs.
The latest news is that Hostess and the union have agreed to enter into mediation in an attempt to prevent the company's dissolution, but Hostess Brands' story remains a very useful example of how government regulations can impose huge costs on US businesses and either drive them offshore or out of business entirely.
Scott Lincicome: Hostess Brands: A Case Study in Government Burdens and Global (Un)competitiveness
"Take grass cutting. As defined by the current United Auto Worker contract negotiated with the "Big Five" (GM, Ford, Chrysler, and top parts makers Delphi and Visteon), an auto "production worker" is a job description that covers anything from mowing grass to cleaning the toilets.
In the real world, these jobs would be outsourced to $8 an hour, no-benefit wage earners,
but on Planet Big Five, these jobs get the same wages as any auto line-worker:
an average $26 an hour ($60,000 a year) plus benefits that bring the company's
total cost per worker to a staggering $65 an hour."
what is the average hourly wage of a UAW auto worker?
All examples of the idiocy of labor unions and THEN... THEN... the total gall and audacity of labor unions to TAKE MY union dues and donate to Democrats!
68 percent of registered voters say they are concerned that public employee unions have too much influence over politicians who, when elected, must negotiate with these groups. (FOX News Poll conducted by Anderson Robbins Research (D) and Shaw & Company Research (R) | March 14-16, 2011)
89 percent of private and government union employees agree that union workers should have the right to know how their dues money is being spent and believe the Department of Labor should disclose union spending on the Internet to ensure accountability. (The Word Doctors | October 26-28, 2010)
69 percent of private and government union employees believe union officials need to stop spending union dues on partisan politics and invest it in creating more jobs, as well as focus on the membership, not the elections. (The Word Doctors | October 26-28, 2010)
Use of members’ money for political goals was second only to corruption as the reasons Americansdisapproved of unions, according to a 2004 Zogby poll.
That poll also found that 63 percent of all employees, and 61 percent of unionized employees, agreed that union members shouldn’t be forced to contribute.
A McLaughlin & Associates poll indicated that 67 percent of workers were unaware of their right to withhold mandatory dues for politics.
Union FactsUse of Dues for Politics - Union Facts