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Quote by: Scribbler I feel the problem needs a lot more than a bump up in the MW to make a difference. The critics are right in saying any increase will probably be passed along to the consumer. EVERY consumer regardless of income. |
I suppose its unrealistic to ask CEO's to accept $2 Billion per year salary instead of $4 Billion. They have more right to an extravagant lifestyle than the peasants have a right to survival and the right to the pursuit of life, liberty and happiness. Lets not forget; The Right to Profit was changed to; The Right to Pursuit of Happiness a long time ago. We forget that too easily
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The phrase is based on the writings of John Locke, who expressed a similar concept of "life, liberty, and estate (or property)". While Locke said that "no one ought to harm another in his life, health, liberty, or possessions", Adam Smith coined the phrase "life liberty and the pursuit of property" although that phrase has often been incorrectly attributed to Locke.
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The pursuit of profit can be a "dog eat dog" bloody affair, if not checked by the rights of others who only want to pursue happiness. If it is impossible to be happy in a society that requires a minimum expense to be clothed and fed, A Poverty Line........ There should be protection from our leaders to see that those who devote a fraction of their day, be FAIRLY compensated for that portion. Whether the boss has to take a cut in profit, or raise the cost of resale goods and services, so be it.
It is becoming less a problem of rich vs. the poor and more about the 2% mega-rich versus everybody else. We are a nation of debt. Ultimately all wealth will be accumulated int a few hands. The middle class is shrinking to a debted society with no political power. The Republican THINK they are voting in their best interest, but the Neo Cons have them too, over a barrel. They will be pandered to in a minimalistic way, just enough to get them to the polls. But its all an act. They are manipulated by the oligarchy behind the curtain. Pay no attention to the retard puppet, either. He is only a decoy. He's there to take the arrows for the elite ruling class that really rules the world.