I'm watching the Men that built America on the history channel. I'll tell you the model for remaining number one is in the late 19th century and early 20th century when a man could become as powerful as hell pleased.
Why is it good for innovation? Simply because under this system a man would work really ******* hard to come up with new idea's and drive our nation forward. This is why we had electricity, light bulbs, trains, rail-tracks, oil, steel, cars, trucks, trains, etc. Without a strong reason to innovate why would anyone want to invite and create wealth for our nation? Today China is kicking our ass for just this reason! Now I'll admit that workers deserve high working standards and fair pay. Again fair pay is what the market rates it at...This is a law of economics!
If we wish to remain the most powerful economic engine on earth. We're going to have to relearn how and why we became such in the first place. The rich must want to invest not only within our national interest but within theirs. Yes, there's nothing what so ever wrong with a man becoming filthy ******* rich for good idea's.
This is something we learn or die on. I agree that the workers deserves a clean work place with a fair market place wage. We can agree on that?
Yeah, and while you were watching that program, did you happen to catch what Henry Ford did? After fighting tooth and nail to be given permission to build his cars, he came up with the assembly line and paid workers a LIVING WAGE of 5 bucks/day, while other car makers were paying their workers only 2 bucks/day.
Henry Ford helped to create the middle class by doing that, and also managed to help drive the economy as his workers were finally able to not only survive, but save up and buy other products (like his cars) as well.
Too bad Wal-Mart and other large corporations didn't feel that way. I mean, you have to work there for 6 years to get from minimum wage up to around 11.50, which means that even after 6 years of good work and steady raises, you still only make around 1800/mo.