As productivity and efficiency increase and the Gross Domestic Product increases, it is all going to the top 1% of the top 1%. Working people, and even those in lower levels of management are seeing stagnant wages that are actually decreasing in real dollars because inflation is increasing faster than wages under Comrade TRUMPski McBonespurs.
Real wealth is created when WORKING PEOPLE put hands on raw materials and turn them into useable products and services. WORKING PEOPLE create real wealth. While there is a legitimate and productive role for administration, administration does not actual create any real wealth at all, it merely guides the process.
What CONservatives want is for workers to WORK HARDER for LESS MONEY on which we pay a HIGHER TAX RATE, so the few richest elite investors can WORK LESS (or not at all, depending on how much they inherited from Daddy) for MORE MONEY on which they pay a LOWER TAX RATE (or none at all, depending on how many loopholes, shelters, deductions and offshore Cayman Islands accounts they can hide their money in) on investment profits (capital gains).
And in an America with a disappearing middle class and a worsening population of debt, people such as Kenneth Copeland, Joel Olsteen, and Jesse Duplantis are preaching the “prosperity gospel”. Essentially, God will multiply all of your money by 100, but only if you send it to the prosperity gospel preachers. So the ones with their own massive mansions, and in more than a few cases their own fleet of private jets, are telling those who are perpetually wondering how they’ll pay their own bills to get rid of their own money to stop being poor. https://www.washingtontimes.com/news/2016/jan/5/kenneth-copeland-jesse-duplantis-defend-private-je/
In the 1990’s a fortune 500 CEO made 50 times the average salary of his company. In the 2000’s it was 500 times the average salary. I have no idea what it is today especially with the huge tax breaks.
Therein lies the crux of the problem; a working, prosperous middle class spends money, keeps it circulation by purchasing goods and services. The very upper classes hoard money where it does no good at all (except for their brokers’ and lawyers’ fees.
Legend has it that under Ike companies reinvested money to avoid the 90% tax rate and people prospered. Now low taxes justify using companies as ATMs and funneling profits to tax haven investment cos.
DD Wiz over 6 years ago
As productivity and efficiency increase and the Gross Domestic Product increases, it is all going to the top 1% of the top 1%. Working people, and even those in lower levels of management are seeing stagnant wages that are actually decreasing in real dollars because inflation is increasing faster than wages under Comrade TRUMPski McBonespurs.
Real wealth is created when WORKING PEOPLE put hands on raw materials and turn them into useable products and services. WORKING PEOPLE create real wealth. While there is a legitimate and productive role for administration, administration does not actual create any real wealth at all, it merely guides the process.
What CONservatives want is for workers to WORK HARDER for LESS MONEY on which we pay a HIGHER TAX RATE, so the few richest elite investors can WORK LESS (or not at all, depending on how much they inherited from Daddy) for MORE MONEY on which they pay a LOWER TAX RATE (or none at all, depending on how many loopholes, shelters, deductions and offshore Cayman Islands accounts they can hide their money in) on investment profits (capital gains).
somebodyshort over 6 years ago
Is Hoskins making minimum wage or is he an exploited alien?
danketaz Premium Member over 6 years ago
Time for the three-martini coffee break.
pcolli over 6 years ago
Too much management doing the job that one person used to do.
keenanthelibrarian over 6 years ago
Aww … some of my best friends are the people who open the doors for me and drive me in my limousines.
the lost wizard over 6 years ago
He still gets his news the old fashioned way.
HidariMak1 over 6 years ago
And in an America with a disappearing middle class and a worsening population of debt, people such as Kenneth Copeland, Joel Olsteen, and Jesse Duplantis are preaching the “prosperity gospel”. Essentially, God will multiply all of your money by 100, but only if you send it to the prosperity gospel preachers. So the ones with their own massive mansions, and in more than a few cases their own fleet of private jets, are telling those who are perpetually wondering how they’ll pay their own bills to get rid of their own money to stop being poor. https://www.washingtontimes.com/news/2016/jan/5/kenneth-copeland-jesse-duplantis-defend-private-je/
DanFlak over 6 years ago
In the 1990’s a fortune 500 CEO made 50 times the average salary of his company. In the 2000’s it was 500 times the average salary. I have no idea what it is today especially with the huge tax breaks.
Masterskrain over 6 years ago
The LARGER gap is the one between “Upper Management” and REALITY!!
sandpiper over 6 years ago
There are none so blind as those who never look down the ladder
Linguist over 6 years ago
Let’s not forget Hoskins is Middle Management ! Imagine what it must be like for those below him, on the rungs of the industrial ladder !
Bookworm over 6 years ago
Therein lies the crux of the problem; a working, prosperous middle class spends money, keeps it circulation by purchasing goods and services. The very upper classes hoard money where it does no good at all (except for their brokers’ and lawyers’ fees.
edstephens74 over 6 years ago
Legend has it that under Ike companies reinvested money to avoid the 90% tax rate and people prospered. Now low taxes justify using companies as ATMs and funneling profits to tax haven investment cos.
WCraft Premium Member over 6 years ago
Whoa – some very bitter people here (right DD and Hidari?)
volga1959 over 6 years ago
Yes, dear (sigh)…
Neat '33 over 6 years ago
It is and always will be: “the haves, and the have-nots” Going on now for 2000+ years methinks.
bakana over 6 years ago
He considers his Private Bartender to be “Middle Management”?
I think I see a Huge part of his problem.