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Originally Posted by Grapesoda
the entire democratic pitch is you are helpless and you need us to help you
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That has to be the only way in the future. The poor will just outvote the richer minority.
The problem is how to tax the very rich and Corporations so the entire burden doesn't fall on your level. They have to be in the US to pay US taxes, this is assuming tax havens become extinct.
This is the long-term effect of cheap clothing, iPhones, electrical good, furniture, autos, etc. Add automation to the mix and you have a perfect storm. You are not immune from the effects of Globalisation and Automation. As it's your customers who are being made poorer and unable to buy what you offer.
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Thanks for clearing that up. I was a few drinks in last night and gave up on this. It did not make sense that 1/3 of Americans wanted a job and were not working and had givn up. I do not personally know one person in that group.
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Rochard is disguising the truth.
As you see the stats the Government give out are rigged.
If you want to meet these people, you need only go to your local fast food outlet. Or to the Mid-West.
I see this as a massive problem. Is this a bubble that's waiting to blow, or based on real values? Should it be the former, the shit will hit the fan and make 2008 look like a ride in the park.
80% Stock Market Crash To Strike in 2017, Economist Warns - The Sovereign Investor
Are you ready to bail out the bankers again?