While Trump's policies actually rectified this problem somewhat, it still exists. I don't necessarily see a minwage hike to $15 as the solution, since some companies will get hurt, but neither should we be riding the Dem-GOP-e Cheap Labor express.
Maybe am beating a dead horse but here is my opinion. We have not seen an actual marketplace since illegal labor began coming into the USA. Illegal labor suppresses the marketplace and true value of labor is not attained. I do not have the solution to stop the influx of illegal labor but until illegal labor is stopped a true marketplace for the Citizens does not exist. My apologies for only stating the obvious
In light of recent events I found this interesting (the author speaking about increasing inequality producing tsunami-like revolutions)
“And then there’s no time for us to get to the airport and jump on our Gulfstream Vs and fly to New Zealand.”
The IRS agents may be devils, but they don’t use pitchforks.
The $30 trillion US national debt is best dealt with when asset values are high.
Internet advertising is highly ineffective.
I buy things from a small set of vendors.
I’m amazed how much money google is able to rake in.
It’s not “inequality” that is making people upset.
It’s that 95% of young people see no hope of affording the most basic things even if they do everything right. They live with roommates in an apartment smaller than what the Soviets considered proper. They can’t imagine ever affording a family except for some extreme luck.
When I started on my American dream, I could afford my own home and college education working normal hours as a taxi driver or waiter. Everyone had hope nomatter their profession and did their job with a smile. There was a clear path to the dream and you didn’t need to kill yourself with multiple jobs to get somewhere.
Now you must get into a few rare jobs, work yourself nearly to death or create a successful startup just to survive. 95% of young people feel stuck in a dead end and the situation has been getting worse. Every year more are seeing greater hope in burning down the system than in hard work.
Something is clearly wrong and if something is not done to correct the situation soon, there will inevitably be pitchforks against the rich and powerful...
A little help please.....
Remind me
What exactly is a plutocrat?
“You show me a highly unequal society, and I will show you a police state. Or an uprising. There are no counterexamples. None.”
I don’t see an uprising (unfortunately) I see a police State coming. The sheeple take a jab, then two, now three, and a fourth is already being discussed. Then look at the “cruel & unusual punishment” being foisted on the Jan 6 participants and you see a nation ready to submit to a police State.
I sincerely hope that I’m wrong.
.
There was not a single constructive thing I saw in that article. It is all socialist clap-trap.
"...The most ironic thing about rising inequality is how completely unnecessary and self-defeating it is. If we do something about it, if we adjust our policies in the way that, say, Franklin D. Roosevelt did during the Great Depression—so that we help the 99 percent and preempt the revolutionaries and crazies, the ones with the pitchforks—that will be the best thing possible for us rich folks, too. It’s not just that we’ll escape with our lives; it’s that we’ll most certainly get even richer..."
That is one example. It is jackasses like this guy who decides he has enough money and wants to get involved in politics that is more of a problem.
Good God.
Any government enforced minimum wage is textbook fascism. I’m against it all. If people think their wages are too low they can unionize.
I have a much better idea. Rather than simply paying low skilled workers more out of munificence or noblesse oblige.
That is to lower the cost of regulatory compliance for business by slashing the morass of burdensome regulation, and by cutting taxes on business, and by reducing energy costs for the entire economy by slashing burdensome regulation against drilling and fracking. At the same time we can raise tariffs steadily on chronic cheats like China. We can also secure the border and stop the flood of cheap labor from constantly pouring in.
With reduced business costs, businesses can then afford to pay American level wages to American workers as they bring a lot of production back home. This in turn lifts a lot of people out of poverty and helps put working class people struggling to pay their bills firmly in the middle class. It also reduces the deaths of despair such as drug overdoses and suicides caused by hopelessness among people formerly in the working/middle class. It also enhances national security by bolstering our manufacturing capability and restoring our energy independence.
Y’know......the Trump plan. That’s what works. Do that.
They each have now had their way and have done all they have wanted to do and spent all they wanted to spend, more or less, and just look at those same places today. Yikes.
I guess it’s true, if you stay on a road long enough you’ll get to where it goes and now those are some of the last places I would want to go to live or to work today.
And all because of wicked self-deception, politics and consequences.
Because, once you get to where those roads go, there is no escape, only consequences.
We puny humans can’t change or break the rules the world runs by.
All we can do is demonstrate how they work as they either correct us or break us if and when we try it our way, instead.
Do you really believe we’ll have to wait another 7 years to find or figure this out?
I doubt we’ll even have another 7 years unless we turn around and head back soon, so why not now?