Topic: Middle Class Is Being Wiped out In America | |
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Edited by
Atlantis75
on
Thu 07/15/10 08:58 PM
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The 22 statistics that you are about to read prove beyond a shadow of a doubt that the middle class is being systematically wiped out of existence in America.
The rich are getting richer and the poor are getting poorer at a staggering rate. Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now that is changing at a blinding pace. See proof of the Middle Class extermination -->http://www.businessinsider.com/22-statistics-that-prove-the-middle-class-is-being-systematically-wiped-out-of-existence-in-america-2010-7#83-percent-of-all-us-stocks-are-in-the-hands-of-1-percent-of-the-people-1 So why are we witnessing such fundamental changes? Well, the globalism and "free trade" that our politicians and business leaders insisted would be so good for us have had some rather nasty side effects. It turns out that they didn't tell us that the "global economy" would mean that middle class American workers would eventually have to directly compete for jobs with people on the other side of the world where there is no minimum wage and very few regulations. The big global corporations have greatly benefited by exploiting third world labor pools over the last several decades, but middle class American workers have increasingly found things to be very tough. The reality is that no matter how smart, how strong, how educated or how hard working American workers are, they just cannot compete with people who are desperate to put in 10 to 12 hour days at less than a dollar an hour on the other side of the world. After all, what corporation in their right mind is going to pay an American worker ten times more (plus benefits) to do the same job? The world is fundamentally changing. Wealth and power are rapidly becoming concentrated at the top and the big global corporations are making massive amounts of money. Meanwhile, the American middle class is being systematically wiped out of existence as U.S. workers are slowly being merged into the new "global" labor pool. What do most Americans have to offer in the marketplace other than their labor? Not much. The truth is that most Americans are absolutely dependent on someone else giving them a job. But today, U.S. workers are "less attractive" than ever. Compared to the rest of the world, American workers are extremely expensive, and the government keeps passing more rules and regulations seemingly on a monthly basis that makes it even more difficult to conduct business in the United States. So corporations are moving operations out of the U.S. at breathtaking speed. Since the U.S. government does not penalize them for doing so, there really is no incentive for them to stay. What has developed is a situation where the people at the top are doing quite well, while most Americans are finding it increasingly difficult to make it. There are now about 6 unemployed Americans for every new job opening in the United States, and the number of "chronically unemployed" is absolutely soaring. There simply are not nearly enough jobs for everyone. Many of those who are able to get jobs are finding that they are making less money than they used to. In fact, an increasingly large percentage of Americans are working at low wage retail and service jobs. But you can't raise a family on what you make flipping burgers at McDonald's or on what you bring in from greeting customers down at the local Wal-Mart. The truth is that the middle class in America is dying -- and once it is gone it will be incredibly difficult to rebuild. Read more: http://www.businessinsider.com/22-statistics-that-prove-the-middle-class-is-being-systematically-wiped-out-of-existence-in-america-2010-7 |
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And it all has its origin in this concept ...
"From each according to his ability; to each according to his need." Thank you so effin' much Karl Marx and Friedrich Engels. Your Communist dystopia - the one that's supposed to be 'classless' - automatically establishes TWO classes right off the bat with this premise: The ABLE ... and the NEEDY. Guess which one's gonna win in the long run ... ? That's why the Middle Class can't be allowed to survive - it doesn't DEPEND on GOVERNMENT. |
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"So corporations are moving operations out of the U.S. at breathtaking speed. Since the U.S. government does not penalize them for doing so, there really is no incentive for them to stay."
Penalization causes businesses to go overseas, not to stay. The author is not well versed in economic history, I see. ![]() |
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"So corporations are moving operations out of the U.S. at breathtaking speed. Since the U.S. government does not penalize them for doing so, there really is no incentive for them to stay." Penalization causes businesses to go overseas, not to stay. The author is not well versed in economic history, I see. ![]() Greed might have a negative effect if the businesses going overseas get nationalized. Wouldn't that just leave the needy with no rich? |
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Labor unions (like the Teamsters) have helped drive businesses out of here too! Remember there is more to paying an employee than just a hourly wage. Add taxation, insurance, and benefits...
And in China they have none of that. Our government lost grip on reality and Globalists have bought in to take us apart from the inside. Unions want more money. Americans in general have lost touch of reality. Lenin and Marx idealistically forgot Human Nature in all their Dogma. Offer people help and they take it as a free ride. People milk Unemployment and Welfare harder than they would a cow. And people act like Disability is an excuse to not work any more. And worst is all these poor people outnumber those who work for a living and they can vote themselves money where us working people can not do that. The middle class has not got a chance. |
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" ... Labor unions (like the Teamsters) have helped drive businesses out of here too! Remember there is more to paying an employee than just a hourly wage. Add taxation, insurance, and benefits... " Labor unions are inherently Socialist / Communist in their 'philosophical' orientation. 'Collective bargaining' should be the tip-off ... anything 'collectivist' is from the Manifesto ... |
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