| steverhcp02 said: What i find funny about people who blame Unions for economic demise: For every 1 lazy scrub there are 99 hard working people in safe conditions working hard, being protected. Yet they point out the one lazy scrub to demolish everything unions have done for this country. For every 1 millionaire....excuse me "job creator" that invests money in his company there are 99 who pile money into trust funds, yachst, vacation homes or savings accounts. Yet they love and point to that 1 as reason why trickle down works. Supply side economics is utterly wrong. Giving the widget maker more money to make widgets doesnt work when there is no one to buy the widgets. You give the consumer money to buy, businesses need to produce, you give the CEO money why would he/she waste it on excess stock and production costs when the consumer isnt in a better position to buy the goods? |
I think you have your numbers mixed up.
Go look at union v. non-union data in the public and private sector in similar industries. Look at public education costs by state and compare union v. non-union. Look at car company profitability and car affordability among companies who do and do not work in unions.
Additionally, look at Forbes list of billionaires. I think you won't see awhole lot of people that piled money into trust funds. Or are you just appealing to emotion and wanting to ignore any data that is available?
As for your last paragraph, you are looking at it quite wrong. You don't nor should give anyone more money. Allocation of capital must come naturally. If a business cannot make a widget cheaper, then it shouldn't increase its sales. If a consumer cannot create enough goods or services to afford something, then that is their issue (and the businesses as well). If the CEO cannot improve a company, then they are going to get fired, or the company will implode. It *should* be the natural order of things. Unfortunately, when you change from supply-side to Kenyesian economics, you begin to incentivize many industries and you create many, MANY problems for an economy... Much of which we've seen during the housing bust which was largely created by government incentives via the sub-prime crisis.
Back from the dead, I'm afraid.
