Posted on 01/17/2006 8:02:19 AM PST by Willie Green
For education and discussion only. Not for commercial use.
Inspired by a reader who sent a list of once American corporations who's profits are no longer funneled to the hard-working American employee, I investigated the subject.
The clip that landed on my desk was from "America is Selling Out," published in The American Conservative, December, 2005. As I digested, emotionally charged from the publication's Web site at www.economyincrisis.org, I agreed with some of the information, discarded the sensational propaganda and extrapolated my take on the issues' raw facts.
From what I've experienced and witnessed first-hand, I consider the current state of the American economy as a politically driven "the rich get richer, and the poor get poorer" economic model.
There are too many alarming signs in our country for the politicians to actually be blindly racing the mad horse into the flaming barn as it might appear. The social-economic gaps in our nation are at record heights. In recent years, there have been more billionaires than ever, more fresh college graduates filing bankruptcy than ever and increasing numbers of the middle class economically sinking.
Sadly, this is all by design, not some directionless fluke. Since the rich are richer than ever and the most profitable corporations are breaking records, the misled reports boast positive economic growth that are not a true reflection to what has happened to the nation's work force as a result of active globalization.
The weight has gotten heavier for those who pull the load - the American population - because it's the increased sweat that fuels the skyrocketing extravagance of the filthy elite few. This is the reversal point of the American Dream into the American Nightmare.
The current American economic model seems like a reversal of Robin Hood. The big and powerful are profiting and becoming even more powerful as the comfortable livings of the endangered middle class are reallocated for the increasingly exclusive and isolated pockets of wealth hoarders.
No one who is aware will deny that the corporations who apparently are running this country are outsourcing our jobs. The rationalization for the mass outsourcing is to provide American consumers with cheaper products. It almost makes sense that consumables should be cheaper since the displaced workers no longer have the higher-paying jobs to afford historically high-quality, American-made products.
The American Dream - the belief that through hard work, courage and determination one can achieve prosperity - has vanished in the atmosphere of this greed and power driven frenzy.
These days it's looking more like the American Dream is being outsourced in exchange for the American Nightmare which the vast majority of the nation's population is waking up to in this cheaper reality.
"I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; inasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country."-- President Andrew Jackson - (1824)
"Of all forms of tyranny the least attractive and the most vulgar is the tyranny of mere wealth, the tyranny of plutocracy."
~ Theodore Roosevelt
</sarcasm*>
:-D
Was this writen befopre or after the December fed budget surplus was announced?
ping
"a list of once American corporations who's profits are no longer funneled"
Not to be pedantic but shouldn't it be "whose" profits?
Willie Green's on suicide watch again...huh, Coop?
And from the Sydney Herald no less...a great empirical resource on all economic happenings within the US.
Looks like Darwin was right at least in economics.
I understand your concern. Chronicling abuses of capitalism does look like support for communism.
What, exactly, is capitalism abusing?
Seems to me, communism is the root of sloth, fantasy's of entitlement, and government control whereas capitalism allows individual empowerment?
But, I take it you're a socialist by that comment...right?
What? No obligatory Karl Marx free trade quote?
Well said comrade!
No, not at all.
If George W. Bush was a true conservative, he'd understand that the economic burden of the federal regulatory and social welfare beauracracy is what renders our domestic industries non-competitive in the global market. Rather than alleviating this burden, the backstabbing weasel has deliberately chosen to increase it with unrestrained deficit spending while undermining the wages and benefits of the American Middle Class. His actions go far beyond "irresponsible", he is an economic tyrant and despot.
The American dream has prospered. In the past eight years my husband's income has increased by a third, due to his hard work and willingness to be gainfully employed while providing for a family. We see this as a good pay off.
The rich always get richer and the poor always get poorer.
The rich get richer by continuing to make the decisions that got them rich in the first place. Same with the poor.
The American Dream - the belief that through hard work, courage and determination one can achieve prosperity - has vanished in the atmosphere of this greed and power driven frenzy.
Bull.
Jan. 3, 2006 -- Currently 29% of U.S. manufacturing companies are outsourcing part of their new product development process, with 41% reporting that they are evaluating outsourcing options within the next 12-24 months.....
Good god what nonsense. Does the writer have any facts?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.