The middle class is taking it on the chin under Obama

Discussion in 'Too Hot for Swamp Gas' started by PSGator66, Jan 24, 2014.

  1. PSGator66
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    PSGator66 Well-Known Member

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  2. rivergator
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    Corporate profits are going thru the roof, executive pay is way up, middle class wages are stagnant. How would you suggest that Obama change that?
  3. gatornana
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    .

    What do conservatives have to say about this statement?
  4. PSGator66
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  5. gatornana
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  6. DaveFla
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    DaveFla Well-Known Member

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    Resign... Immediately... And take Biden with him.
  7. rivergator
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    rivergator Well-Known Member

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  8. mocgator
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    Dramatically reduce taxes, regulations, obamacare, and cap gains and watch the money come pouring into the USA at every income level.

    But nah... more food stamps... higher taxes... that will fix things....
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  9. g8orbill
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    Canada is now considered a more business friendly country than the USA
  10. oragator1
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    In part because government healthcare takes the burden off of businesses and lowers their costs.

    But to the larger issue, this is a 30 year trend that the Great Recession blew open. Corporate profits over employees, offshoring, free trade, demise of unions, automation, not enough people getting educations to compete with three jobs that are here now, and then a major recession on top of it.
    I said 5 years ago and have said many times since, this is a systemic collapse that will take a decade to truly come out of, if then. It's Japan.
    For those not in the finance world, it's hard to explain or overstate how tectonic 2008 really was.
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  11. gatornana
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    And the middle class in Canada is suffering the same fate as their American counterparts.

    Read more at the links:

    http://www.theglobeandmail.com/repo...he-income-inequality-squeeze/article14635779/

    http://milescorak.com/2013/09/25/an-american-idea-about-the-canadian-middle-class/
  12. madgator
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    Demos always seem to blame republicans for doing nothing on this issue. Are you saying that nothing can be done to change this?
  13. madgator
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    Canada is more friendly because they have lowered regulations on energy mining. Canada hasn't done anything progressive to stimulate their economy.......Oil, coal, gas

    simple.
  14. brainstorm
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    I think the question of what should the POTUS do about things is a worthy one. Certainly, incentives for companies to move production, support, etc back to the US means more jobs and that could help. Maybe tie further incentives/tax breaks to work force salaries - salaries go up tax incentives go up as well.
  15. g8orbill
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    nana- I am a capitalist and think businesses are in business to make money-lots of money and have no problem whatsoever with that happening- I tell people all the time-if you think you are underpaid go sit down with your boss and ask him/her for a raise-if they say no then you have 2 real choices-keep working hard and wait 6 months and ask again-or shop yourself to see if anyone will pay you more for the same job

    I will never understand the mindset that resents what others make and or resents what corporations make
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  16. HallGator
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    I don't resent what corporations make but it does make me wonder how long they think they can continue to count on the goose that lays the golden egg. If they don't strive to systematically put put people back to work where are these future profits going to come from?

    The following should be a concern for all of us:

  17. gatornana
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    You're misunderstanding the concerns and applying a mindset that doesn't fit.
  18. gatornana
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    I agree but it's not going to happen with all the corporate influence that's paid for in Washington.
  19. oragator1
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    They have done things in energy, but that is only one industry . I was just making the point that it seems incongruous to rail against government healthcare and then praise it when it helps make one's case.
  20. malligator
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    Small businesses make up 99.7% of the employer firms in this country, employ roughly half the workforce, and create 60 to 80% of the jobs. It's not all about corporations.

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