How to Save the American Economy

[Michael-5]

the2real4mafol said:

Michael-5 said:

There needs to be some minimum standard to make sure that people who are easily talked into shit jobs, can have a decent lifestyle. There needs to be some minimum standard of life.

and cut corporate taxes? That won't help shit, that will just get the rich CEO's richer and reduce available funds for government. Hell this would severly increase debt, and make day to day life for people other the CEO's worse....much worse.

Also a lot of corporations still choose to keep their headquaters in USA. Yes corporations are greedy, that's why a lot of American citizens start their companies out in Canada (lower corporate tax) and then move to the USA once they grow a bit. China is a bigger market now, but USA is still wealthier, and until China surpasses USA, most corporations won't leave.

I agree with you, this is what the influence of money does. People like CEO's want taxes to be low enough that they don't exist! The richer people like that and their massive companies need to realise their actions affect real people and the environment around them, and they need to pay for the consequences, if anything arises. There job is to provide jobs, not just take jobs, wherever it's cheapest. China and India will only have jobs as long as they have cheap labour, they need to realise that, then the companies will just fuck off elsewhere, probably to Africa. Capitalism sucks like that

It's not just capitilism. The privledged few in any system always bend the laws to suit them, and only recently, with capitalism, has there been power given to the masses. Communism is the same with government leaders taking more then their share, and it's the same in a true monarchy (ot like UK today) where only royal blood get to make any laws. USA was founded by rich land-owners, people who came here first and claimed right to the most land. George Washington was actually the richest person in the Americas when he helped found the USA, and when you read the original consitution, before the Bill of Rights was passed, it's catered to the rich (excluded women, indians, blacks, slaves and propertyless white males, it also made it so that only the 10% richest could afford to run for senate and president). So no wonder CEO's have only gotten richer and richer, taxes favor the rich heavily (e.g. Protection of Intellectual Property, and Patent protection laws. If you come up with a good idea first, you are entitled to all the profit from that patent until the time of your death, even basic things like inventing a touch screen).

Corporations will never change, and as long as the average senator makes over $200,000 a year (probably more in the USA), laws will always favor the rich. This is why minimum standards on income and healthcare, liberalistic tax laws (higher taxes with higher income), and corporate taxes are nesessary.