A Call For Socialism June 21, 2012
Listening to the talkie-man on CNBC (a
financial news network)…..He says, what is needed to stimulate the Economy is
going back to the basics; lowering taxes on the rich and creating an atmosphere
that fosters growth “this means looking to emerging markets”.
This is the same “mindset” that got us
into the Economic mess that we see today. Why is that…..well, it’s relatively
simple. If, you REMOVE the over-all economic structure….of the consumer……..whom
you depend upon to buy your products…..by sending the consumer’s means to earn
a wage to another country….You also REMOVE the consumer’s ability to buy “YOUR”
products. Now….on a small scale….this
would have little effect….However…..this has been the overall trend for many
years……And, as most people know….the manufacturing sector in the U.S. and other
First-World countries, is now, for the most part, non-existent.
This trend coincides with the increased use
of credit by consumers as a way to purchase goods even though their wages have
become stagnate. These factors led to the Economic collapse that the average
worker has had to contend with for the last 7 or 8 years. Other than purchasing
power of the wealthy…..the Economy that we have now is based upon the use of
credit……and government pensions (Social Security). Many Economic observers fail
to point out the Economic impacted that the millions of retiring “Baby-Boomers”
are having upon the Economy as a whole. This fact will, however, become more
and more evident as these retirees pass-a-way……and the money that they use to
spend….is removed from the market.
Without some transference of wealth to the
consumer……There will NO Economy.
What we see
today as the Economic Disaster….is nothing more than the slow concentration and
shifting of wealth or (Buying Power) from labor (The Proletariat) to the very
rich. So where does that leave us….It’s my belief that the only way to rectify
this economy stagnation is through Socialism.
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