mrstickball said:
You are correct in saying that the majority of these protestors are incredibly idiotic about their goals. Here are a few pictures of signs by 'the 99%' (taken from another forum):
If these are the kinds of people protesting, then America is just about doomed. I am sure Mafoo is laughing his butt off in New Zealand right now.. No one cares for personal responsibility nor accountability. It is not Wall Street's fault if you pick a useless career in writing or some other bull-crap, and can't find a job because there are millions of others out there with the same degree, and no jobs. |
I do have some sympathy for these individuals, and I can empathize with the position they have been put in; after all, they’re coming face to face with the reality that they have been lied to throughout their entire life and this has been primarily been done by the individuals they looked up to. Unfortunately, since understanding this would require significant changes to their entire value and belief system, these individuals are now looking for a villain who has stolen their fairy tale ending.
The real problem these individuals are facing is what I would call the parasite killing the host ...
Effectively, there is a portion of the economy that is driven by individuals making choices to buy goods and or services because they want them; not because they’re forced to have them or they’re afraid of the consequences of not having these goods and/or services. This is the portion of the economy I would call the host because it is the real living portion of the economy.
On top of that there is a portion of the economy that provides goods and/or services which (in the long run) either improve the productivity of the host economy or minimize the damage of real world risks to individuals. Examples of this are companies like insurance companies, health-care, education, police/fire departments and so on. This is the portion of the economy I would call the symbiote because, while it lives off of the host economy, it provides value that is equal to or greater than its cost to the economy.
The top layer of the economy is the parasite which is made up of goods and services that individuals are forced to pay for even though they provide little value in return. While this is primarily a public sector issue, there are examples in the private sector; and most of these examples demonstrate rent-seeking behaviour.
The US economy has less than 60% of working aged adults actually working, of which at least 2/3 of these individuals are not working in what I would term core/host economic activities; and as a result somewhere in the 10% to 20% of the total population of the United States (when we include people who are not of working age into the picture) are supporting the other 80% to 90% of the population. The net effect of this is that the host economy can't support any more and is slowly dying.
Many of these individuals who can't find jobs are in parasitic fields, and there are no jobs because there are no more spots available to suck the life-blood of the economy from.












