Wednesday, September 19, 2012

Our Insatiable Demand

There are 2 underlying causes to much of our troubles. They are our insatiable demand for foreign energy, most notably foreign oil, and our instatiable demand for foreign drugs. In fact they are the major subsets of our insatiable demand in general.


We are turning into a glutton society, and it's turning us into a country of users, in the worst sense of the word.

Outsourcing our future



The Bain Capitals of the country will push every job they can to the lowest bidder in India, China, Vietnam, the Philippines, Indonesia and elsewhere. They do that in their pursuit of profit, and that is their right. 

Is it good US policy? Pretty soon the jobs remaining will be those that cannot be outsourced, the hands on jobs, haircutters, burger flippers, nurses and some doctors. The rest will either go overseas or will pay the same that as overseas pay - $2 a day.
 
And don't think that only menial jobs go overseas.  Only lawyers requiring their presence will be needed. Back office and legal research are already being outsourced. And where is the radiologist diagnosing your condition? Radiologists are already reviewing the CAT scan you just got in the ER from their home computers. There's no need to be nearby, or in this country.

So in a world economy, labor competes internationally. You and all the Chinese will be equal. Their billions of people will earn $50,000 a year or you will earn $2 a day. More likely we will meet somewhere, but not in the middle. They will earn $5,000 a year and we will earn the same or be out of work.

The answer according to Romney/ Ryan is that we all start Bain Capitals and if we can't or don't succeed, we must be lazy. That is not reality. Look around at your circle, family and friends. How many can run Bain Capital? How many can be successful if everyone is doing it? How many work very hard and still just get by, or struggle?

It is a great sales job to have you vote against your personal interest, in the hope that you will make the 1%.

Here's the argument. You can work hard, smart and lucky and join the 1%. And when you do, you will want to pay a lower percentage in taxes, since you will be paying so much. Therefore, in the meantime while you are working toward that goal to get into the 1% club, you should pay more, so later you can pay less.  Pretty self serving isn't it.

But we buy it. Shame on us.

Obama care:



Obama care:
What exactly is the complaint? 

That you are mandated to buy health insurance? 

Do you not have health insurance? 

Are you worried that you will have to buy health insurance and you won't want to? 

Is it a philosophical argument - I don't want anyone to be required to have health insurance even though my premiums have to cover the uninsured? Are the Republicans all of a sudden worried about the poor not being able to afford the requirement? 

Funny, it was a Republican think tank that invented the idea, and a Republican governor, guess who - then the owner of his own soul before selling to it Mephistopheles for a chance at appeasing a vocal and well funded fringe - who implemented the idea, quite successfully I may add.

Trickle down



What is trickle down? Trickle down is this. I make more money than you do. Therefore I should pay less in taxes, percentage-wise than you. Why? because I may spend some of that money, and eventually it may create jobs. 

It is an economic myth invented as a rationalization for an inequitable burden by those who benefit from the inequity.

Even those who argue it, recognize it can only be a trickle at best.

In contrast, "flow up" is an economic reality. Middle class households that are allowed to keep more of their income will spend it, guaranteed, growing the economy for everyone.

Redistribution and Class Warfare



Redistribution is the newest label being assigned by Fox and the Republican Party to President Obama.

When one percent pays 13% and the rest of us pay double, who is redistributing from whom?

Look at your paycheck. Are you paying 13% taxes? And if you request equality, they accuse you of class warfare. Who is waging war on whom?

Voting against your own interest - part one.



I don't understand why hard working firemen, who owe their pay checks, pensions, health care, and disability care to their union, support the Republican Party, who would do anything in their power to dismantle the unions.

The unions are not blameless, and they contribute to inefficiencies and self serving work rules. Yet they have been a great force in the growth of the middle class and the resulting economic power of our country. To destroy them would contribute to the continuing shrinking of our middle class, an alarming trend in our country.


There are GM workers who owe their livelihood, their success and comfort to Obama, who will not vote for him - against self interest and common sense.