Originally posted by: Genx87
Originally posted by: techs
Originally posted by: Genx87
Originally posted by: EatSpam
Originally posted by: Genx87
Originally posted by: EatSpam
Originally posted by: Genx87
Yeah, we're create about creating wealth...for the already wealthy. They're the only ones who see a "higher return"...the rest of us just see higher property taxes and gas prices.
Do you think the middle and upper middles classes were created by the govt?
LOL... the middle classes and upper middle classes were created after WWII, before Reagannomics, before offshoring, before our suicidal trade policies. Those classes were created by businesses who offered solid middle class wages for honest work. Those businesses don't do that anymore, replacing their American middle class workers with cheap foreign labor. Americans are left to work at Wally-world.
Ahh your mean an open market?!?!?!?!?!?!?!?
So why do you think an open market worked then and is a disaster now?
Because the "open market" then contained mostly Americans, same cost of living, similar wages, etc. The "open market" now includes the entire world with totally different standards of living, wages, environmental laws, etc. The nature of some of these countries gives them an
absolute advantage not a comparative advantage in most things. China is on such country. Name one job that doesn't require a physical presence that can't be done cheaper in China?
Please do you think our nation created all of its wealth simply by trading internally?
Big business takes advantage of this by making product in China for next to nothing then selling it here at a tremendous markup. Americans no longer make the product, but get to buy the product in Wal-mart on Wallyworld wages. Great times for execs, not so great for most of us.
This is a strawman argument and not based in reality at all. Free markets will raise the standard of living for anybody within the market. Just because we are now importing more doesnt all of a sudden mean our economy is going to collapse.
The bottom line is the only difference between then and now is we are becoming so efficient in our internal economy we outsource production of the less efficient items, shredding costs, and returning higher margins that will help fuel higher paying jobs and higher return on investments.
Throwing up walls and becoming self contained didnt work for the Soviets, what makes you think it will work for us?
Two systems, one succeded, one failed miserably. Yet we are supposed to pick the system that failed?
Free markets will raise the standard of living for anybody within the market.
I couldn't let this pass. That's absurd.
Trust me after reading your response, what I said isnt even remotely as absurd as that.
If you take a country where workers are rich and integrate the labor pools with a country that is poor everyone will end up at the same level, in a free market and all other things being equal.
Oh?!?!?!?!?
Please do provide examples.
What you are arguing for is a striking loss of income for American workers.
A loss for unskilled labor
Your argument only makes sense AFTER the workers wages has been equalized and ASSUMES there are inefficiencies that can be corrected by the larger workforce with different strenghts and weaknesses.
Wrong, it makes sense because we shed the jobs that are least efficient within our internal economy and import goods at a lower cost because of it.
As to the creation of the middle class it was a result of four things:
The Great Depression
Communism and Socialism
FDR and his policies.
WW2
This is sad you can even say that with a straight face.
Communism and Socialism have never created a middle class.
FDR's policies werent very effective at combating the true problem of the 1930s, high unemployment. It was only down 5% by 1940 and he almost lost because of it.
WW2 was a wakeup call to, um, open our markets up to the world and not be so protectionist?????
What really changed to create the middle class out of the depression was a shift of the proportion of wealth towards the working class. This was prompted by worker discontent during the Depression where workers looked for a system that would benefit them more and were enticed by Communism and Socialism. Then FDR moved to give workers more power in dealing with the ownership class by using things like labor unions. When WW2 ended the greater worker power was able to get a decent share of the fruits of their labor by the artificially skewed great wealth that America acquired as a result of the war and the unnatural lack of manpower in the only functioning industrialized country.
I am in amazement somebody really believes that.
What is going on now is that Communism and Socialism have been discredited. The great wealth of America is draining. There are dozens of thriving industrialized countries. Trade barriers are being lowered. The pool of labor is now world wide so the power of the American worker to get a share of the fruits of their labor is diminished.
Communism and Socialism have been discredited by their very examples. The Soviet Union crushed itself through its own weight. Eastern Europe without the mother tit to suck on keeled over. N.Korea is in shambles, Cuba hasnt got out of the 1950s, and the last major bastion of Communism, China, is moving towards a free market and more open political system.
Socialist programs like SS and Medicare look to bankrupt our own country. Socialist programs for the past 40 years have failed to provide any of the benefit they were created for.
What you fail to realize is with a world economy it opens up markets that werent there 40 years ago. These markets will create jobs here at home.
Anybody who thinks building a wall and denying reality needs to purchase a clue, you being one of them.