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Old Jan 22, 2008, 07:55 pm   #5 (permalink) (top)
lsbskins1
Redskins Rule
 
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Location: South-Western Virginia
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The other issue at play is that Americans are using debt to pay for what increasing salary and sustainable growth used to pay for. When you increase profit by depressing wages, it makes the company appear to be successful when what is really happening is that the company is sucking the life blood from the economy. Workers have to be able to afford the products and services being sold. Joe Millionaire CEO will not buy 30 copies of the same cookbook or 30 toasters or hire 30 different lawyers to write the same damn will. But if you took that money out of his bank account and put it in the workers bank accounts, they would stop using visa to pay for groceries and toasters and cookbooks, and put the engine back in drive. It is all symptomatic of the same disease. Growing the pie is not enough. 'Cause one guy can only eat so much pie. After a time, he is only putting it in a huge freezer, where it stagnates, feeds nobody but does look really impressive to his buddies.


All I see when I look down, something jumpin' on the ground, Scratchin' dirt, cluckin' in the barnyard -
Tell me, could that be you?

John Kay
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