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Old 01-31-2014, 06:25 PM  
petegz28 petegz28 is offline
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Income Inequality and the real reason it needs to be addressed

Okay, the Left loves to rant about "fairness" when it comes to income inequality but that's a bunch of liberal BS. So let's get past the emotional arguments of fair vs. unfair and address why and when income inequality becomes a bad thing.

There comes a point in just about every imaginable scenario where too much of a even a good thing becomes a bad thing. What we have seen in the last decade and even more so in the last 5-6 years is just that. What's good for the rich and big corporations is starting to become bad for the country as a whole. The middle class is being weeded out by liberal politicians as well as what is amounting to nothing more than corporate greed.

A financially healthy middle class is needed for a strong economy. Unfortunately that is not what we have nor are we headed on a path to getting back to healthy. The middle class is what drives this country and it is disappearing for all the wrong reasons. While big business is cutting jobs or import\exporting jobs, creating an environment of job insecurity and stagnant wages, liberal politicians are squeezing more money out of the middle class with their failed policies.

When you look at the last several years, everything has risen except 2 key factors, jobs and wages. The cost of gas has risen, the cost of food has risen, the cost of health care is rising and the stock market is rising. Meanwhile jobs and wages are doing dick.

There comes a point where "what's mine is mine" becomes a bad thing. The rich and big corporations who have enjoyed record profits and a rising stock market are doing so for what is tantamount to nothing more than a fleecing of the middle class. Companies have laid off thousands of workers to increase profits in the name of "shareholder value". As the record profits come in we seem trillions being spent on non-productive things such as share buy-backs and such. Couple with the Bernanke influenced environment of low interest rates, the rich and big corps are feasting while everyone in the middle class continues to famine.

I am a capitalist and a free-market kind of guy but I can also see what is happening right in front of our eyes. Corporations have no loyalty to their employees and thus in the long run their customers. Wall St. now dictates every move of these companies with their "quarterly earnings estimates" and companies are allowing it to happen.

The best analogy I can come up with to describe the problem is one of losing weight. If you are overweight then losing weight is good and healthy. However, losing too much weight becomes unhealthy and though your initial goal was to watch the scale go down the point comes when the scale going down is now bad. Companies have got to start valuing their employees more and their CEO's a little less. The "shareholders" in which whose name all this cutting and thievery is done will benefit just the same if not more so. A healthy employment base gives companies the consumer base they ultimately need to grow.

Right now as Democrats are pushing the Immigration Reform issue so the can garner more voters, the Chamber of Commerce and big business is championing the issue in the name of cheaper labor.

The middle class is running out of money, folks. The jobs are not coming fast enough, the pay is not rising fast enough and the job security is running away too fast.

So when it comes down to it, it is not about what's fair and what isn't. It's about what is healthy for this country's economy and what isn't.
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Old 02-03-2014, 12:34 PM   #151
vailpass vailpass is offline
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Quote:
Originally Posted by KC native View Post
Dispersion is how much of the pie each group is taking home. A vast majority of the gains/growth in the US economy has gone to the very top over the last 30 years.

Right now there aren't any real proposals out there.
Got it, thanks.
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