RE: What the Corporate Scumbags Don't Tell You
March 6, 2011 at 12:20 am
(This post was last modified: March 6, 2011 at 12:57 am by theVOID.)
SS is already a ponzy scheme, fuck just passing it off to the private sector, it should be abolished outright - The system is ALREADY running a deficit.
If SS won't be abolished you should be able to opt out and save for your own retirement, I'd buy a shitload of Gold and silver so my savings aren't diminished by shitty interventionist economic and monetary policy driving up inflation.
(March 6, 2011 at 12:14 am)Minimalist Wrote: (March 5, 2011 at 11:58 pm)theVOID Wrote: People being paid less just after a recession? How dare they!
We have a 30+ year trend of this. The recession didn't last that long.
Unless you are a working class American, that is.
Self-delusion is not a pretty sight, Void.
There is still a recession, the only reason your economy looks like it's growing is because the Fed is printing money, but real wages are down, productivity is down and job rates are essentially stagnant.
The rich are only getting off without loosing assets and wages because of the corporate bailouts that your corrupt/naive government keeps dolling out, were they allowed to crash their average incomes would have plummeted to a greater extent than low income workers, it would have been tougher short term but the economy would have balanced out, instead it's only the labour and consumer markets that suffer while the government, as usual, looks out for producers and employers.
Your economy is phony and over valued, so are your average incomes - We had a bigger recession than the US on paper, but our wages rose 5.9% on average because we weren't being printing-press morons - You should expect nothing less than decreasing wages, currency and purchasing power until such time as the value of the US economy is realistic compared to the global economy, because of corporate welfare the rich aren't going to have it anywhere near as bad in proportion, you can thank your buddy Obama for that one.
If you lot didn't have the global reserve currency you wouldn't be able to export fiat in exchange for goods, because we all know the US doesn't produce fuck all of what it consumes, the American
dream delusion would have ended long before now.
