To: detroitdarien
detroitdarien-
""A "job Americans won't do" would include investment banking - if it only paid $3/hour.""
I can not help feeling that We are not seeing the real economy.
For example: in the 60's and 70's A teenager could take a minimum wage job for the summer and just about cover their college tuition for the year. Most now have to take multi year loans amounting to Tens of thousands of dollars.
So what has evolved is a socialist Illusion. If you follow the Burger king burger through the chain maybe the real cost would be $5.00- 10 dollars instead of $2.50 supported by lower immigrant labor costs. This lower cost is subsidized by taxes to support these people with school , housing , health care etc.
At our current state and federal tax rates I would not be surprised to find that under a bright light our economy more resembles EU socialist Germany or France with the static noise or fog of the Illegal immigrant removed.
Bush's economic miracle may have more to do with Illegal immigration than paltry tax cut's. People feel OK but are uneasy, maybe because they can not figure what is holding it all up?
66 posted on
05/29/2006 9:28:09 PM PDT by
underbyte
(Call them what they are, socialists - They are not democrats, liberals or progressives)
To: underbyte
Bush's economic miracle may have more to do with Illegal immigration than paltry tax cut's. People feel OK but are uneasy, maybe because they can not figure what is holding it all up? That's a very interesting point. My own federal taxes have decreased only slightly, and my salary hasn't really kept up with inflation (though I'm not hurting). The state and local taxes have gone up considerably. Slow bleed of the middle class.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson