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Kissenger is the reason a Jew can never be trusted in government. Fact:
Ten of Biden's cabinet picks are all jewish!
️ Janet Yellen ️ - Secretary of the Treasury
️ Merrick Garland ️ - Attorney General
️ Alejandro Mayorkas ️ - Secretary of Homeland Security
️ Avril Haines ️ - DNI
️ Ron Klain ️ - Chief of Staff
️ Antony Blinken ️ - Secretary of State
️ Wendy Sherman ️ - Deputy Secretary of State
️ Victoria Nudelman ️ - Secretary of State of Political Affairs
️ Eric Lander ️ - Office of Science and Technology Policy -
️ David S. Cohen ️ - CIA Director
I bring up unions because they and government were responsible for inflating us out of the world market. If a union company was paying a worker a good wage of $20.00 an hour to run a drill press, the non-union companies had to increase their wages as well to attract workers during very favorable economic times, thus the inflation you speak of.
Nothing devalues the dollar more than printing phony money, and we are a country 30 trillion in debt. The last balanced budget we had was in the 90s when Republicans took charge of the House.
So how do you solve this problem since voters don't pay attention to this stuff? I say a national consumption tax. The tax will be earmarked for deficit spending and to pay down our debt, let's say 5 cents on the dollar. When anybody in Congress writes a bill to spend more and it passes, we increase the consumption tax to 7 cents on the dollar. Free college? Ten cents on the dollar. Fund the Ukraine war, eleven cents on the dollar.
Currently when Congress spends money it doesn't affect you or me directly, so nobody really cares. If we had to start paying for this spending immediately, you'd see how fast people would reject all this pork spending that goes on every year. Then we would reduce deficit spending thus no borrowing, perhaps reduce the debt, and that would put us back on track.
Rand Paul Outlines $54 Billion in ‘Outlandish’ Government Waste in Annual Festivus Report | National Review
Among Paul’s instances of waste were several health studies, including more than $36 million spent on studying why stress makes hair turn gray.www.nationalreview.com
now i know i am on to something,sage troll is a shill from langley and any post he does not lIKE,ITS THE TRUTH.Be careful when you say Jew though,not all Jewish people are bad,judaism Jewish people are good people it’s just the Zionists Jews that are evil and that’s what all those picks of Biden’s are,Zionists.
That’s nonsense.Who ever I would support for president would have to address this issue and then at least attempt to gather economic geniuses to come up with a way to get it done.
So the question is, why are US products too expensive? You have to look at what creates the cost. Labor is the #1 factor. So it's the #1 reason why Obama's & Trumps China trade deals would've never worked.
It's also the #1 reason why American manufacturers don't manufacture in the USA near as much as they did in the 70's & 80's.
To solve the problem, one has to address why companies have to pay $15 to $35hr for blue collar workers. The answer is easy. But solving the problem is almost impossible to accomplish because that would take the government forcing lower prices and wages on everything.
Who ever I would support for president would have to address this issue and then at least attempt to gather economic geniuses to come up with a way to get it done. To ignore it will only perpetuate the problem. And within a decade, the problem will continue to push manufacturing out of the country. Allowing automation to take over even the easiest jobs. Which is already happening to millions of jobs.
Automation only requires a mimicking of humans abilities and functions. Computers can be programmed to do just about anything a human can do. From moving objects, joining them together to thinking of solutions.
They just need to be programmed to the specifics of each task.
The end result is an economy where robots and computers do almost everything, leaving the US work force lazy and without incentive. It also means that the only money that too many Americans will have at their disposal comes in the form of welfare. IE Yang's idea of a guaranteed income (Those $1,000 checks)
So unless the government, with the help of those who run the economy and the corporation force, this country into a massive deflation cycle that leads our economy, wages and prices back to levels around the 1960's, the GenZ's and their kids and their kids, in this country will not be producing enough to keep the economy from dying a miserable horrible death.
Can anyone else (that isn't a surface level thinker) come up with a solution?
I see what you're saying. And I'm about 60% opposed to unions. There's a issue that even economist have mentioned many times, it's the gap between corporate leaderships pay and their employee's. Top level execs, who didn't start the company, only hired in, are giving themselves and other CEO's huge salaries, raises and bonuses. And unions fighting for cost of living increases and trying to keep the gap between the CEO's pay and their employee's pay at a minimum.
CEO's, even after the big union employees pay raise, still manage to bring in millions with huge bonuses. I hate to point this out, because it sounds like I support it (which I don't), but one thing that helped to grow companies many years ago, was the huge taxes that companies were either forced to pay. The only way to get out of paying such high taxes, was to reinvest that money into their company. By pay raises for their employee's or expanding their business. Instead of paying something like 90% tax, they'd give raises, buy new equipment, expand their businesses to new locations or what ever it took to keep from paying such a high tax rate.
Someone in the business world that they could just pay themselves a LOT more and not have to worry about many employee's pay raises, or any of those other things.
In 2020, top CEOs earned 351 times more than the typical worker
This was not the case 50 years ago.
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Ray we cannot in any way expect americans to accept a 3 cent raise. If they did they could not in any way survive on those wages. You want people to work hard for pittances. That's anti smerican no matter how you shake it. Work your butt off for free basically is what you want. Workers aren't going to do that nor should they even for the good of the nation.
Yes, because that is what the market demands thanks to Washingto’s rules.
Not that neckties are essential to the country.
You're not going to allow your company to lose money or close down because of principles. Trump (like most all business owners) is a businessman first, principles second.
$20 per hour was a good wage....in the 80s yes. The delusion is someone telling a worker that $20 is so great.
Trump's ties were very expensive. He could have profitably made them in the US.
I can agree with that and you can agree that those lower wage jobs don't need to be filled. If they were needed they'd pay more. It doesn't hurt a business to not fill a position that pays a low wage. Simply don't post the position and don't offer the job and its no loss.
You can blame Henry Kissinger, not Nixon50+ years of failed trade policy has caused this.
Nixon opened China for trade with the idea if we exported capitalism to China they would end up overthrowing their communist government. Instead China has successfully exported Marxism and communism to America. Corporations now willfully enforce CCP censorship to their own employees and US citizens.
50+ years of idiotic trade deals that fucked this country over and shipped jobs overseas. Failing to use tariffs, failing to keep manufacturing jobs here, all thanks to politicians who sold this country out while they pocketed millions for themselves. People like Biden.
You don't know that and neither do I. I'll take what Trump said over what you think any day of the week.
That's besides the fact even if true, Trump should take much less profit by making them in the US? You don't understand why we have businesses in this country, do you? Hint: People don't open up businesses to give people good paying monkey jobs and benefits.
Funniest part is that you consider the above sandbox fantasy as deep thinking.
There is a fairly straight forward solution to a long term tight labor supply in a rich but aging country - expanded immigration policy to bring in and train young and eager workforce.
No over-engineering required.
Can just ease up on the politico drivel for just a post?Biden's open border policy isn't helping the economy or the value of the USD.