Why are WE to blame for America's holiday economic problem? (must read)

Our society requires high wages because that's how it was structured. None of us worker class folks said "Let's make gas and food and this and that at really high prices". That's what the executives did. Because we're a materialistic society and it feels good to have polaroids of us standing next to our posh cars and posh trophy spouses. And posh anything-else.

Well, here's the reality the spinners merrily overlook:

The problem isn't us saying we won't spend. Many of us can't spend. The symptom is never the problem. Treat the symptom like the problem and it'll never be fixed. You need to fix the PROBLEM in order for it to go away. Not whittle at symtpoms.

So what's the problem then, if our inability to spend is a symptom?

We don't have jobs or enough income coming in to justify wasteful spending. (unlike those in power, we're trapped by budgets and have seen what the credit card industry has done... amongst other entities.)

Credit card companies, after getting their bankruptcy "reform" their way, now doubled the monthly payment rates. While this is good for people who don't have a card, don't forget the average American has $9000 in debt, who cares how it was built up - we've got it. Add in the rise in costs of necessities (which are hardly cheap), and voila. We're in trouble.

Offshoring is being done because Chinese and Indian wages are 1/10th-1/35th the cost of American wage needs. Not wants. NEEDS. We all know the cost of living in America isn't remotely as cheap as it is over there; for their $2/hr wage is a friggin' goldmine to them (thought it never stops execs from whining about spending too much on wages...)

Offpeopling happens because automation is always a good thing and it keeps payroll numbers down too.

How many more examples must I cite?

So when people lose their high paying jobs, they have no income. Or let's say they find a job, but it pays far less so they need a second one just to float. They obviously cannot spend on the goodies that keeps our economy going.

It's fairly obvious that we, the consumers, get spat on by every side. And we are not the problem. We are pawns. To problems THEY created.

So when FOX or any other stinking offal treasonous "news" outlet has the fuckin' nerve to blame liberals for the economy, go tell them to fuck off for real. We are not the problem. Their spin and their special interest group (the execs) are. And none of us should forget that for one nanosecond either. We are getting tired of being blamed for something that we don't even have the slightest control of!

They made the problem. And then piss on us as if we made it. How dare they?

It is so obvious to thinking people that when a government only satisfies the corporations, the people are the losers. And when the people lose the corporations will lose. Where is the worker supposed to get the dollars to buy??? How many of us work for companies that produce goods that we can't afford! Until living wages are available for all workers, and minimum wage is not a living wage, imho, this country is going to suffer in ways we haven't in a very long time.

and I think it needs to keep on being asked:

How are the companies going to stay in business (and be 'responsible' to their stockholders) when all the living wage jobs have been offshored, minimum wage repealed, and nobody can afford to buy their goods?

Large businesses will be multinational. They will survive.

And that's the plan.

The only problem is doing it sufficiently slowly so that the house of cards doesn't collapse.

When you are in power, it's much easier for you to change things so that you survive when the others starve and rot to death.

How can they? Multinationals depend highly on reciprocal trade. If a country you want to do business with can't afford to buy your products, why would you bother with them? We're already in a position where other countries don't want to buy our goods because they can get better quality and quantity elsewhere, not to mention the fact that they can't sell their products here.

or at least many of them?

And if the US is in such a bad position, how come these countries who don't want to buy our goods still do?

Structures are put in place that rob us of disposable income at every turn. Then the pundits and economists who's heads must be well and truly up their asses say people aren't spending because of lack of CONFIDENCE (of all things)

I don't believe in the philosophy of breaking a person's leg then telling them to lean on me for support.

And that's what those treasonous antiamerican fuckers are doing. (trading with the enemy alone is a treasonous offense. Just you try going to China with some technological information. Unlike AMD's execs, YOU would be put into the slammer for life and called a spy, terrorist, or anything else they care to cook up.)

propaganda-smiths and social darwinists at heart. They act as thought they have a dog in the fight and will defend a flawed system to the death, scoffing at any attempt to change the social order.

Any group that starts with an invisible hand as its savior is suspect, in my opinion, and far to seeped in religious doctrine.

I mean, come on...who needs a decent wage when you have plenty of beefy credit cards in your wallet, and access to payday loans, and a gutted bankruptcy system that works to systematically keep you slave to your posh stuff from cradle to grave?

Man, you're a little hard on the good ole' american way.

America is all about how much shit you can stuff in a box. The more shit you can stuff in your box, the more important you must be. Without credit thralldom, the 'whole shithouse would go up in flames"

And it was done on PURPOSE.

where management makes all the money and gets all the perks and credit when things work well, and when they don't the working class takes the pay cuts, lay-offs, and benefit reductions, while nothing stops or reduces the management salary and bonus structure.
The rulers that make bad decisions suffer no consequences, while the workers pay the price.

No perversion at all.. Without being heavily regulated, Capitalism uses workers as pawns to maintain the riches of a very small elite. It creates a tiny group of the wealthy, a small merchant class and throngs of low wage thralls. The world of Dickens is the world of Capitalism.

handsomely paid and rather isolated from the daily rigor of the market based economy, say that the economy is humming along... That consumers, the back bone of the American economy, always will find a way to spend...

That sounds great...

Except that food, gasoline, clothing is all the stuff they include as consumerable...

Not just that Lexus the media executive is buying for her husband to put under the Holiday Tree.....

Consumers, that's us, baby, have no choice....

We have to buy stuff in order to survive...

Sheesh, you are SO out of it!!

Stock market is doing well.

Not ONE Fortune 500 CEO is having difficulties meeting living expenses.

See, no problem.

What is it with you doom sayers?

Why, even George Will says there isn't a problem. And, he's not an economist, so that PROVES there is no economic problem.

What you fail to comprehend is that the US population consists of 2000 WORKING Americans who make enough money to live comfortably. The rest of America is populated by lazy incompetents who should get off their asses and get to work and illegal immigrants which the corporations MUST encourage to come to the US because there are SO many lazy people living in America, companies can't get anyone to work here.

By the way, can I interest you in a new credit card? Past credit history is not a problem....

Save America. Vote Republican....Or don't....In the end, it won't matter....Isn't technology wonderful?

With the impending introduction of up to 3 billion new consumers over the next decade in India, China, the former Soviet Union and elsewhere American consumers have become expendable, a liability in fact. We are too "high maintenance" for the corporations. Our standard of living is cutting into their all important bottom line.

You just said it. Very concise. Everyone needs to understand what you just said! In fact, what you just said is SO important, I would like to repeat it:

"With the impending introduction of up to 3 billion new consumers over the next decade in India, China, the former Soviet Union and elsewhere American consumers have become expendable, a liability in fact. We are too "high maintenance" for the corporations. Our standard of living is cutting into their all important bottom line."

Remember this, people!

:toast:

Wealthy nazis consider the non-wealthy as "useless eaters." Perhaps GW Hoover & his vermin regine are considering releasing genetically engineered avian flu to get rid of a great many of us. :tinfoilhat: He certainly does seem interested in "bird flu."

The problem with the :tinfoilhat: is that chaos does not discriminate if you own more than x amount of dollars.

Especially in a precarious economy, which should it shatter would render their x amount to something nearly worthless in return.


And even after Katrina and the other hurricanes, all the survivors had to rebuild. Even the wealthy ones. The difference currently is, an economy where the dollar is still worth something.

And if our economy collapses, it will bring down the rest of the world. How can it not; it'd still take plenty of years for any transition away from America to complete. And you bet America would get the blame and you bet that something more than economic would be used in retailiation toward US greed and stupidity that brought down the entire world.

thanks