There will be FReepers along soon to tell us that U. S. manufacturing is producing more goods (dollar value) than before.
Yes, it’s called framing the argument. However, the most egregious example is the primary premise of the article (and title) to begin with.
The objective is to get that phrase “Income Gap” out there and blame it on someone. In reading the article, the problem of excessive government regulation, oppressive taxes, demonization and external influence on business decisions are not even discussed. It’s almost as if “income gap” begets “factory shutdown and relocation”.
Whatever business’ decisions are for shutdown and/or relocation, nothing is mentioned about liberal interference in wages, unions, government taxes, oppressive government regulations, and NOTHING is mentioned about the new goldmine of the ‘entitled’ American worker - EITC, TANF, WICs, SECTION 8, SNAP and all the rest - it takes a SUBSTANTIAL wage/salary structure to compete with the disposable income of this “new American worker.”
Did anyone note that they lost their manufacturing jobs after she bought a Mazda 3?
Amazing, isn’t it?
That the “income gap” widens under the policies of those who are worried about it,
and narrows under the policies of those who know it’s not really an issue?
Globalization, regulations taxes debt EPA automation and recession destroyed nearly 6 million manufacturing jobs.
LAT again omits the rest of the story another case of covering Obama&Co a$$.
Obama Bagged $18 Million In Corporate, Special Interest Cash For Second Inauguration
Obamas big money corporate donors included:
AT&T—$4.6 million Microsoft—$2.1 million Boeing—$1 million Chevron—$1 million Genentech—$750,000 Deloitte—$500,000 FedEx—$500,000 Coca Cola—$430,000 Bank of America—$300,000 Xerox—$250,000 ExxonMobil—$250,000 Northrup Grumman—$100,000 Verizon—$100,000
Obama also hauled in $250,000 checks from each of the following unions: The International Association of Fire Fighters, the International Brotherhood of Electrical Workers, the International Brotherhood of Teamsters, and the National Education Association.
party of the ‘workin’ man’ and the ‘little guy’, yep, un-huh.
Wall Street Responsible For One-Third Of Obama’s Campaign Funds (from July 22, 2011)
One-third of the Obama re-election campaign’s record-breaking second-quarter fundraising came from sources associated with the financial sector, the Washington Post reports.
That percentage is up from the 20% of donations that came from Wall Street donors in 2008, and contradicts reports that a growing Wall Street animosity towards the Obama administration may jeopardize his re-election bid.
Obama’s $86 million haul set a record for incumbent fundraising at this point in an election campaign. While the campaign has downplayed the larger donations by emphasizing that the average donation was $69, it also released a list of contributions by “bundlers;” those who can “bundle” more than $50,000 in contributions from friends, relatives and business associates.
(Excerpt)
http://www.businessinsider.com/wall-street-responsible-for-one-third-of-obamas-campaign-funds-2011-7