![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
kyburglongwindedbore:
Why is the “economy” weakening? What does that even mean?
Less jobs being created?
With a historic, ridiculously low 3.6% unemployment rate how many new jobs do we need? Zero?
Wages have been forced flat for well over a decade. Taxes obligations transferred from the Rich and large corporations to small firms, retail and the workers for 40 years.
We live in an economy that is 80% consumer. But the Rich and Big corporations have made it 100% about non-consumer expansion.
Without well paid consumers the economy contracts even with full employment.
Brainiac the Alleged Populist, looks to institute pro-wealth anti-consumer spending measures. What a lying dim bulb. Don’t blame his followers. All media lie like the prostitutes they are.Their Corporate pimps tell them what to say.
When wages rise through all economic levels of Society, then the Economy will improve. For that to happen wage and tax ratios would have to return to the 1945-1980 ratios between the 0.001% + big corporations and the rest of us. Plus reinstate anti-trust laws.
https://ift.tt/eA8V8J
from Tumblr https://ift.tt/2KMqEep
via IFTTT
Why is the “economy” weakening? What does that even mean?
Less jobs being created?
With a historic, ridiculously low 3.6% unemployment rate how many new jobs do we need? Zero?
Wages have been forced flat for well over a decade. Taxes obligations transferred from the Rich and large corporations to small firms, retail and the workers for 40 years.
We live in an economy that is 80% consumer. But the Rich and Big corporations have made it 100% about non-consumer expansion.
Without well paid consumers the economy contracts even with full employment.
Brainiac the Alleged Populist, looks to institute pro-wealth anti-consumer spending measures. What a lying dim bulb. Don’t blame his followers. All media lie like the prostitutes they are.Their Corporate pimps tell them what to say.
When wages rise through all economic levels of Society, then the Economy will improve. For that to happen wage and tax ratios would have to return to the 1945-1980 ratios between the 0.001% + big corporations and the rest of us. Plus reinstate anti-trust laws.
https://ift.tt/eA8V8J
from Tumblr https://ift.tt/2KMqEep
via IFTTT
