My only problems with modern-day capitalism is:
that the market is too saturated with unskilled workers that it devalues them (a natural result, of course).
That we bent over backwards and stuck it to ourselves to create this mythological "trickle-down economics" which really didn't trickle down the way it was 'supposed' to.
And that the stock market used to be a venue for investing in companies and investing in America. Now Wall St. is the biggest gambling casino in the world with day-traders who don't invest in companies but simply shuffle and shift stock around in order to manipulate a profit.
I'm not sure what can be done to address these particular issues, but the system is faulty and needs some repairs. i have no problem with a person making a $45 million dollars a year. That's not any concern of mine. My concern rests solely on the problem that there just aren't enough jobs for the people that exist and more people are doing things themselves than before so that even the service industries are suffering.
No one's building better mousetraps. No one wants to pay a guy to pick up his dog's crap. At what point do we see that it is a depression out there and the only thing holding the fabric of this nation together ARE the entitlements?
I'll say one thing- that if it weren't for food stamps we would be seeing a much steeper decline in this country. With 46 million people using food stamps @ $133 per person, that's a lot of food that would not be bought. A lot of food that wouldn't be planted, milked or butchered. A lot of food that would not be processed/manufactured. Etc.
Soup kitchens won't keep people employed at your local grocer's or on fishing boats in Alaska. And though it kills me to see this, it's not your average worker who's buying the expensive steaks, the Oreo cookies or the Cap'n Crunch cereals. They can't afford it. It's people on food stamps who are keeping the food industries alive and keeping people working who would otherwise have been laid off a long time ago.
But, like I said, we've got to effect some repairs soon- before the taxes outweigh the buying power of the dollar.
"Oh that's nice, sweetie" = Grandma's version of "cool story, bro"
#3
reply
share