To: CincyRichieRich
"The destruction of the U.S. industrial and manufacturing base is EXACTLY WHY the wealth gap has exploded in the past 30 years."
Wages are directly tied to supply and demand, period.
Late 60's females entered the workforce en mass driving wages down because of "empowerment", unions artificially inflated wages along with regulatory strangleholds and companies went overseas, manufacturing/exports have been present the whole time in various industries LOL, government deficits/debt pushed the Federal Reserve to do all kinds of creative monetary policies that established HUGE long-term issues in exchange for short-term comfort, supply chains (This is where the article is correct) took advantage of cheap labor in exchange for national security, in the end, everyone (Including those middle-class voters who elected politicians driving up deficits) is to blame. I am public enemy btw, because my voting record includes Reagan x2 (Huge government expander despite what people believe), Bush x2, Dole, Bush x2, McCain, Romney, Trump (Would be sane if not under the era of continuing resolutions/omnibus spending) along with huge Congressional spenders with an (R) next to their names, but spent like crazy once in office.
We all got fat living beyond sane public budgets being logically manipulated by a tool (Not the cause) of a central banking system, time to pay the price because our children and their children, etc... have no business wallowing in our short-sighted spending orgy and social "enlightenment".
11 posted on
03/01/2020 6:52:22 PM PST by
rollo tomasi
(Working hard to pay for deadbeats and corrupt politicians)
To: rollo tomasi
True. Creation of Value (which creates wealth) vs the Capture of Value (stealing from each other) is the turning point imho
(Voted for Ross Perot twice. “That giant sucking sound”)
28 posted on
03/02/2020 6:36:48 AM PST by
griswold3
(Democratic Socialism is Slavery by Mob Rule)
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