Silhouette
Gold Member
- Jul 15, 2013
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You know me, always keeping it raw and real...
Last night in Obama's SOTU speech he just frankly lied a hellof a lot. Especially about the economy & jobs.
He made veiled reference though, addressing the 1% in the audience (virtually all of them), to how automation, offshoring jobs and foreign bank accounts to escape taxes were the culprits.
When you take jobs away from people, they can't buy stuff from you anymore. That's the long and the short of the argument.
Solutions would be like Canada's very sensible requirement of a certain percentage of industry using automation, to have humans doing that work. Also, stiffer tariffs on ALL goods manufactured offshore. PERIOD. And, universal healthcare, where the equivalent of a second mortgage in premiums and deductibles would immediately vanish from the American home's outlay each month. That money would be converted to consuming. Private healthcare maintained for the upper classes. Free clinics require a co-pay for routine visits. All paid for via Article I, Section 8.
Ask yourselves this as your portfolio shrinks, dear 1%....How many of these workers are buying cars, vacations, dining, sundries or new homes this year? Welcome to trickle-up recession. You have nobody but yourselves to thank..
The new auto assembly line...a tiny group of people getting filthy ass rich...until trickle-up grabs them by the throat.. Obama said "auto sales are up!". He just failed to mention that Americans aren't the ones able to buy them. Very recently banks have announced they're loaning up to 120% of the value of a new car. And 90% of a new home purchase. These bandaids might work to get people elected, but then the banks are sitting precariously...again...who will bail them out next time when there are no more crumbs left in the cookie jar?
Folks, we have to get REAL about the economy.....AND FAST...
The old auto assembly line... I'll bet a bunch of these guys would be buying stuff all day long if we had the Canadian requirements in place:
Last night in Obama's SOTU speech he just frankly lied a hellof a lot. Especially about the economy & jobs.
He made veiled reference though, addressing the 1% in the audience (virtually all of them), to how automation, offshoring jobs and foreign bank accounts to escape taxes were the culprits.
When you take jobs away from people, they can't buy stuff from you anymore. That's the long and the short of the argument.
Solutions would be like Canada's very sensible requirement of a certain percentage of industry using automation, to have humans doing that work. Also, stiffer tariffs on ALL goods manufactured offshore. PERIOD. And, universal healthcare, where the equivalent of a second mortgage in premiums and deductibles would immediately vanish from the American home's outlay each month. That money would be converted to consuming. Private healthcare maintained for the upper classes. Free clinics require a co-pay for routine visits. All paid for via Article I, Section 8.
Ask yourselves this as your portfolio shrinks, dear 1%....How many of these workers are buying cars, vacations, dining, sundries or new homes this year? Welcome to trickle-up recession. You have nobody but yourselves to thank..
The new auto assembly line...a tiny group of people getting filthy ass rich...until trickle-up grabs them by the throat.. Obama said "auto sales are up!". He just failed to mention that Americans aren't the ones able to buy them. Very recently banks have announced they're loaning up to 120% of the value of a new car. And 90% of a new home purchase. These bandaids might work to get people elected, but then the banks are sitting precariously...again...who will bail them out next time when there are no more crumbs left in the cookie jar?
Folks, we have to get REAL about the economy.....AND FAST...
The old auto assembly line... I'll bet a bunch of these guys would be buying stuff all day long if we had the Canadian requirements in place: