Flat wages aren't a bad thing unless you're living beyond your means. We had two wars and an imaginary surplus. So tightening our belts was acceptable, of course the false riches of the housing bubble changed that. >From that point on it became a wealth redistribution from the people to the bankers and big business under the guise of we're helping the little people. And of course the Republicans are big business and the bankers are Jews so luckily the Democrats are here to save us from what they're doing. Even though it's the Dems doing it.
Luckily the media still plays the game for them so they'll pull it off a bit longer. Until the games over that is. As for the Republicans, most don't have a backbone so they'll cave as usual. We saw that last week with the bs $38b budget. . On Tue, Apr 19, 2011 at 12:00 PM, Robert Munn <[email protected]> wrote: > > Corporate outsourcing from 2000-2010 kept wages flat for an entire > decade, even as inflation ticked away every year, eroding the standard > of living of the entire middle class. Obama responded with the tools > of an old-school liberal - huge deficits, monetized debt, tax > increases. A well-intentioned but ultimately self-defeating strategy > at a time when the dollar is under such tremendous pressure because of > our long-term structural deficits. Republicans have an equally > self-defeating strategy in play right now - slash public benefits and > lower taxes in an attempt to close the deficit and spur private > investment. Those dollars are not going to be invested in the US for > the simple reason that there are better opportunities around the world > right now, and that will probably continue to be the case for some > decades. > > The social contract between the rich and everyone else has been > broken. The social contract between older generations and younger > generations has been broken. All hell could break loose sometime > before the end of 201 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:336419 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
