Is President Obama Creating A Nation Of Dependents?
1/26/12
The increase in food stamps is automatically triggered by unemployment, which itself is a result of the destruction of the housing and financial sectors under Bush.
The policies for helping American working families in times of high unemployment was in place long before Obama.
Ronald Reagan's father was saved by a government work program.
A major reason for high unemployment is that America's wealthy have been shipping jobs to cheaper labor markets since the 70s. The USA no longer makes anything because investors earn a higher return on their investment when products are manufactured in freedom-hating-sweat-shop-nations.
Please research the compact between Labor and Capital during the postwar years. There were a number of policies in place that tied American capital to American labor. The resulting high wages allowed Americans to consume. And when Americans have more money in their pockets, the capitalist has to add even more jobs to capture that money.
But the high wages had another positive effect. It allowed the father to support the family on one wage so the mother could stay home and raise the family. This is why the Liberal New Deal postwar economy of the 50s and 60s was ironically the heyday of American Conservatism - because the high wages/benefits enforced by pro-labor policies allowed families to spend
more time
together (unlike today when latchkey kids are raised by TV. The New Deal was more pro family than anything ever created by the Right).
But let's face it. Business wanted higher profits through cheaper labor. It wanted lower operating costs. So Reagan opened the gate to offshoring; he gave capital mobility to scour the planet for cheaper labor. He won the war against expensive American labor. He allowed the American upper class to bypass the pricey middle class wages that come with a first world nation. Having undermined middle class wages and benefits, this made it necessary to financialize the economy so we could finance middle class consumption through fiat money - credit cards and sub primes. [We had to replace high wages with something - so we leant the middle class the money they used to make in wages. The profits gained by lowering labor costs were turned into high interest loans. Hard working families had to go deeper and deeper into debt just to stay afloat.] This lasted 30 years until the banking system blew up. Now the game is over. Unemployment is hear to stay because the wealthy have effectively outsourced all the jobs.
Walmart's greatest partner is China, NOT the American middle class.
Walmart invests heavily in the Republican Party so that is can get all its manufacturing done in China.
Meaning: the Republican Party is the most anti-patriotic political party in American history, but they have their base anesthetized by talk radio which re-describes their outsourcing as freedom.
Word to the wise. Invest in prisons. Free nations that unwind their middle classes always end up putting the superfluous in cages - or worse.
America has the wealthiest private sector in history. It can afford to give a decent standard of living to hard working American families, like it did during the postwar years. Instead, we are seeing the non-wealthy cast drift by people who received massive tax cuts and then shipped all the job overseas. American families have been sold out by companies like Bain capital, who help rich investors benefit from the exploited labor of freedom-hating sweat-shop nations.
Fucking morons. The Reagan Revolution was merely a large offshoring project. They got rid of high paying middle class jobs, and they tried to make up for it by expanding the credit system. Then everything predictably blew up. We are living in the aftermath.