(December 20, 2010 at 11:01 pm)theVOID Wrote: What do you think is better? More people employed earning less OR Less people employed earning more?I think both are terrible options and neither solves the underlying problem.
(December 20, 2010 at 11:01 pm)theVOID Wrote: What does maintain a balance and make higher base wages attractive for companies is if business taxes are lowered proportional to rises in a baseline wages (or proportional increase in wages across the board), the only person who has less in this situation ins the Govt - Not good for you welfare fiends but in more centre-right systems it's effective - The business doesn't have to cut costs (which ultimately means fire lots of people) in order to maintain their bottom line.
If this were the case, we (US citizens) should have been swimming in jobs during the bush years thanks to a host of deregulations and tax cuts for individuals and businesses. Both of those things, according to the conservative philosophy, should have freed up money for them to do exactly this.
The result was that the economy jumped off a cliff and unemployment jumped into a rocket and shot off into space over that decade and we're still looking at the results of that and a number of other issues.
Clearly, I have every reason to believe that cutting taxes even more than Obama's recent 'tax compromise' (which extended and included more tax cuts) and Obama's stimulus (which included tax cuts) is ultimately going to produce either no results or statistically insignificant results.
If today you can take a thing like evolution and make it a crime to teach in the public schools, tomorrow you can make it a crime to teach it in the private schools and next year you can make it a crime to teach it to the hustings or in the church. At the next session you may ban books and the newspapers...
Ignorance and fanaticism are ever busy and need feeding. Always feeding and gloating for more. Today it is the public school teachers; tomorrow the private. The next day the preachers and the lecturers, the magazines, the books, the newspapers. After a while, Your Honor, it is the setting of man against man and creed against creed until with flying banners and beating drums we are marching backward to the glorious ages of the sixteenth centry when bigots lighted fagots to burn the men who dared to bring any intelligence and enlightenment and culture to the human mind. ~Clarence Darrow, at the Scopes Monkey Trial, 1925
Politics is supposed to be the second-oldest profession. I have come to realize that it bears a very close resemblance to the first. ~Ronald Reagan
Ignorance and fanaticism are ever busy and need feeding. Always feeding and gloating for more. Today it is the public school teachers; tomorrow the private. The next day the preachers and the lecturers, the magazines, the books, the newspapers. After a while, Your Honor, it is the setting of man against man and creed against creed until with flying banners and beating drums we are marching backward to the glorious ages of the sixteenth centry when bigots lighted fagots to burn the men who dared to bring any intelligence and enlightenment and culture to the human mind. ~Clarence Darrow, at the Scopes Monkey Trial, 1925
Politics is supposed to be the second-oldest profession. I have come to realize that it bears a very close resemblance to the first. ~Ronald Reagan