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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-18-09 07:20 PM
Response to Reply #24
26. Productivity gains
Where do you think those are coming from? Do you think they are all coming from computers?

I'll let you in on a secret, if you pay people less, productivity goes up. CEO compensation has been directly going up in proportion with these gains.

The stock market is directly tied to free trade. If people weren't so heavily invested in their 401(k)s they'd be up in arms when an American company moves a plant to China, but since you indirectly own stock in said company, you are less concerned because you don't work there and you benefit when that company moves because some of those productivity gains from paying people less to do more goes directly to you in the form of dividends.

The 401(k) is the biggest Weapon of Mass destruction in the class war.
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  -Just wanted to summarize the things that made the United States a Great Economic Nation AllentownJake  Nov-18-09 06:20 PM   #0 
  - you forgot slavery nt  msongs   Nov-18-09 06:20 PM   #1 
  - Actually the North was more powerful economically than the South  AllentownJake   Nov-18-09 06:22 PM   #2 
  - The OP was talking about the creation of the middle class-which is what made this country great..  earth mom   Nov-18-09 06:27 PM   #4 
  - yeah and hemp.....  Therellas   Nov-18-09 07:08 PM   #22 
  - Well, those things briefly made the US a great Middle Class Nation  leftstreet   Nov-18-09 06:25 PM   #3 
  - Yes the blues and the hospitals are no longer non-profit organizations  AllentownJake   Nov-18-09 06:31 PM   #8 
  - You forgot an accountable, regulated broadcast media  depakid   Nov-18-09 06:27 PM   #5 
  - That is true  AllentownJake   Nov-18-09 06:30 PM   #7 
  - Affordable not-for-profit health insurance which died in the Reagan years. nt  valerief   Nov-18-09 06:30 PM   #6 
  - Speaking of education, the UC system just raised fees (tuition) by 30%  Nikki Stone1   Nov-18-09 06:32 PM   #9 
  - One of the biggest reasons for their prosperity over the past 50 years  AllentownJake   Nov-18-09 06:34 PM   #10 
     - Yes they are.  Nikki Stone1   Nov-18-09 06:44 PM   #12 
        - Colorado is going to be an interesting state in the next couple years  AllentownJake   Nov-18-09 06:46 PM   #13 
           - I think that is a huge part of the problem  Nikki Stone1   Nov-18-09 06:50 PM   #14 
              - A friend who is a political consultant is thinking about taking a race out there  AllentownJake   Nov-18-09 06:53 PM   #15 
                 - That sounds about right.  Nikki Stone1   Nov-18-09 06:55 PM   #16 
  - Great OP! And about #6- FDRs Civil Conservation Corps-there is a great documentary on PBS about it.  earth mom   Nov-18-09 06:37 PM   #11 
  - Many of these are good but i disagree with some of them  taught_me_patience   Nov-18-09 06:56 PM   #17 
  - America was doing well in manufacturing prior to the war  AllentownJake   Nov-18-09 07:04 PM   #19 
  - I fail to see how free trade has anything to do with ceo compensation  taught_me_patience   Nov-18-09 07:16 PM   #24 
     - Productivity gains  AllentownJake   Nov-18-09 07:20 PM   #26 
        - Thank you. I was starting to have that 'through the looking glass' sensation again  laughingliberal   Nov-18-09 07:33 PM   #28 
           - Just read any report from Larry Summers or Tim Geithner  AllentownJake   Nov-18-09 07:41 PM   #30 
              - Yes, most of my emails to the president  laughingliberal   Nov-18-09 08:06 PM   #34 
                 - Not going to happen  AllentownJake   Nov-18-09 08:17 PM   #36 
                    - Yes, I found that alarming. Are we not becoming a third world nation  laughingliberal   Nov-18-09 08:24 PM   #38 
                       - Too fast a fall might bring a real rebellion  Nikki Stone1   Nov-18-09 08:29 PM   #41 
  - Forbesian lapdogs. On DU. That's what was missing.  HughBeaumont   Nov-19-09 01:46 PM   #46 
  - And then BOOM-bubble-CRASH came January 1981.  HughBeaumont   Nov-18-09 07:02 PM   #18 
  - Ronald Reagan was the great perpetrator of this activity  AllentownJake   Nov-18-09 07:07 PM   #21 
  - Depends what you mean by "Great"  jgraz   Nov-18-09 07:05 PM   #20 
  - Once upon a time  AllentownJake   Nov-18-09 07:10 PM   #23 
  - after ww2, we were one of the few industialized nations not in ruins.  dysfunctional press   Nov-18-09 07:19 PM   #25 
  - Prior to WW2 we were running a trade surplus  AllentownJake   Nov-18-09 07:21 PM   #27 
  - and following ww2 we did even better.  dysfunctional press   Nov-18-09 07:33 PM   #29 
  - I actually recall the night Dan Rather read that we had officially become a debtor nation.  closeupready   Nov-19-09 02:01 PM   #48 
  - That's the big one that we often ignore.  LostInAnomie   Nov-18-09 07:45 PM   #31 
     - Actually we rebuilt them for free in two cases  AllentownJake   Nov-18-09 07:56 PM   #32 
        - That's not what I'm talking about at all.  LostInAnomie   Nov-18-09 08:17 PM   #35 
        - Most of them have caught up  AllentownJake   Nov-18-09 08:19 PM   #37 
        - which really helped them enourmously.  dysfunctional press   Nov-18-09 08:50 PM   #44 
           - Not to mention our bases are a nice little stimulus to their economies  AllentownJake   Nov-18-09 08:53 PM   #45 
              - at some point, we should have been compensated for the occupation forces.  dysfunctional press   Nov-20-09 01:19 PM   #56 
  - ## PLEASE DONATE TO DEMOCRATIC UNDERGROUND! ##  DU GrovelBot   Nov-18-09 07:56 PM   #33 
  - 11) Swooping in at the end of WWII to claim the top slot.  DireStrike   Nov-18-09 08:25 PM   #39 
  - We were on our way there anyway  AllentownJake   Nov-18-09 08:29 PM   #40 
     - Empires are such a pain in the ass.  DireStrike   Nov-18-09 08:38 PM   #42 
        - Well it always starts out good for the wealthy class  AllentownJake   Nov-18-09 08:42 PM   #43 
  - Great list  asdfa88550   Nov-19-09 01:53 PM   #47 
  - K&R X1000  cliffordu   Nov-19-09 02:06 PM   #49 
  - speaking of great things...  Swamp Rat   Nov-19-09 03:17 PM   #51 
     - Not yet - I'll do it on the next couple of days......  cliffordu   Nov-19-09 04:59 PM   #53 
        - No way dude.  Swamp Rat   Nov-19-09 05:02 PM   #54 
  - I usually boil it down to a strong middle class.  Chemical Bill   Nov-19-09 02:14 PM   #50 
  - Organized labor belongs at the top of the list.  Laelth   Nov-19-09 03:31 PM   #52 
  - We could have all that again....  bvar22   Nov-19-09 06:01 PM   #55 
  - and a formerly very progressive tax structure  tk2kewl   Nov-20-09 01:34 PM   #57 
  - My family benefitted greatly from these policies...  freddie mertz   Nov-20-09 02:00 PM   #58 

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