Hello friends,
Why don't any of the politicians or economists talk about the real fundamental causes of our current economic malaise? The bottom line truth is it is GREED. Greed of the CEO's, board members, stock holders (that's us folks), politicians, doctors, lawyers, unions, et al.
When the outsourcing of our jobs to low wage countries first started back in the 80's, I said "Who do they think is going to be able to afford their products when everyone here who used to have a decent paying job is now flipping burgers at Mickey D's???" The truth is you CAN NOT have a viable, sustainable economy based on service. YOU MUST PRODUCE REAL GOODS IN ORDER TO PRODUCE REAL WEALTH. This is 10th grade economics, but nobody wants to admit it. If you don't believe this, ask yourself why China's ecomony is booming and ours is in the tank.
If we are EVER going to fix our economy more than temporarily, we need to bring manufacturing back to this country. There are several ways the government can encourage this to happen.
1. Enact enormous tax increases on corporations who have become no more than importers.
2. Give enormous tax breaks to corporations producing their products in this country.
3. Enact import duties and excise taxes on all imported goods.
Yes, I realize this is the opposite of a free world market. What do you want, an ideal world or a job??? Drastic problems call for drastic fixes.
Frozen in Florida Dumb Farmer
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