Results 51 to 60 of 87
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10-11-2013, 05:36 AM #51
Another words we regress into a third world country. We are living in an era where this is actually happening in real time and most don't see it even though it's all around them.
In the 19th and 20th century people unionized to fight the oppression of capitalism and as a result every benefit we all have in the workplace is a result of the Union Mvmt. Non union companies were forced to give benefits to compete. People now try and rewrite history to marginalize Unions but with the retrenchment of a union mvmt look what is happening in the workplace.No matter how many men you kill you can't kill your successor-Emperor Nero
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10-11-2013, 06:02 AM #52
Well, back then labor was more valuable than it is now. Increased productivity is a shorthand for bigger role of machines (capital) and lesser of humans (labor). The rest follows from this basic fact of progress. Of course, there is also the political ingredient which provides an additional positive or negative feedback - through regulations and tax code.
For example when you have one tax rate for labor (earned income) and a different for capital gains that tells you what you value and in which direction you are biasing the system.
You can argue one ideology or another, or this principle or that, but the fundamental economic driving forces are pretty much established. It makes no difference what reasons you come up with for pushing that lever or the other one - the results are not dependent on the motives, only on the action taken.
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10-11-2013, 06:31 AM #53
It's kind of funny when the 'greatest nation on earth' as Americans seem to think of themselves, is unable to come up with a working and affordable healthcare system, or for that matter to balance a budget. What's even funnier is that the rich have convinced the poor and middle class that this is how it should be, in the name of freedom
But you keep voting them in so probably all is going satisfactory.
http://www.youtube.com/watch?v=x2_J36_PJbc
http://www.youtube.com/watch?v=T0CjAjrSieILast edited by Bruno; 10-11-2013 at 06:39 AM.
Til shade is gone, til water is gone, Into the shadow with teeth bared, screaming defiance with the last breath.
To spit in Sightblinder’s eye on the Last Day