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The Greatest Depression
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[QUOTE]Originally posted by Lockman: [QB] [QUOTE]Originally posted by buckstalker: [qb] [QUOTE]Originally posted by Lockman: [qb] [QUOTE]Originally posted by Pagan: [qb] [QUOTE]Originally posted by Lockman: [qb] If they would of let the BK system deal with these troubled companies the re distribution of wealth you talk about would have taken place. [/qb][/QUOTE]Can you elaborate on that at all? Especially as to how it would have redistributed the wealth. [/qb][/QUOTE]Right now the government is pulling all the strings and until businesses understand what the playing field is gonna look like,their holding cash and waiting for Washington to get it's act together. [/qb][/QUOTE]That is where we disagree.... Corporations OWN the government and corporations are the ones pulling all the strings, including the governments... THE reason that we are not recovering from this recession/depression is because corporations have shipped all of our good paying jobs to other countries for cheap labor and to increase their profit margins...the problem with that short term thinking is, the middle class in THIS country now don't have the jobs/money to buy their goods and/or services... [/qb][/QUOTE]What we have to address today in the US is why are these companies shipping jobs overseas. Obviously cheap labor and profits would seem to be the reason. If cheap labor is the reason then why are we not able to compete? Has our government ever asked companies what would make it worthwhile for them to manufacture here. I think it goes way beyond cheap labor. Regulation and taxation are also a huge reason why companies flee overseas, companies doing business in the US don't have a level playing field, it's almost impossible to manufacture a product in the US and compete globally. Bottom line is maybe Americans are going to have to work for less and be more responsible for their financial well being. [/QB][/QUOTE]
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