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Our society requires high wages because that's how it was structured. None of us worker class folks said "Let's make gas and food and this and that at really high prices". That's what the executives did. Because we're a materialistic society and it feels good to have polaroids of us standing next to our posh cars and posh trophy spouses. And posh anything-else.
Well, here's the reality the spinners merrily overlook:
The problem isn't us saying we won't spend. Many of us can't spend. The symptom is never the problem. Treat the symptom like the problem and it'll never be fixed. You need to fix the PROBLEM in order for it to go away. Not whittle at symtpoms.
So what's the problem then, if our inability to spend is a symptom?
We don't have jobs or enough income coming in to justify wasteful spending. (unlike those in power, we're trapped by budgets and have seen what the credit card industry has done... amongst other entities.)
Credit card companies, after getting their bankruptcy "reform" their way, now doubled the monthly payment rates. While this is good for people who don't have a card, don't forget the average American has $9000 in debt, who cares how it was built up - we've got it. Add in the rise in costs of necessities (which are hardly cheap), and voila. We're in trouble.
Offshoring is being done because Chinese and Indian wages are 1/10th-1/35th the cost of American wage needs. Not wants. NEEDS. We all know the cost of living in America isn't remotely as cheap as it is over there; for their $2/hr wage is a friggin' goldmine to them (thought it never stops execs from whining about spending too much on wages...)
Offpeopling happens because automation is always a good thing and it keeps payroll numbers down too.
How many more examples must I cite?
So when people lose their high paying jobs, they have no income. Or let's say they find a job, but it pays far less so they need a second one just to float. They obviously cannot spend on the goodies that keeps our economy going.
It's fairly obvious that we, the consumers, get spat on by every side. And we are not the problem. We are pawns. To problems THEY created.
So when FOX or any other stinking offal treasonous "news" outlet has the fuckin' nerve to blame liberals for the economy, go tell them to fuck off for real. We are not the problem. Their spin and their special interest group (the execs) are. And none of us should forget that for one nanosecond either. We are getting tired of being blamed for something that we don't even have the slightest control of!
They made the problem. And then piss on us as if we made it. How dare they?
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