reply to post by Hessling
So, on this “Labor” Day when so very many upper-Management types have taken an extended weekend off while so very many places are open with
everyday employees ironically working this particular holiday please ask yourself…
Where the hell have you been? Labor Day has been a working day for much of the world since the 80s, particularly the service/convenience industry.
Hell - that's when people are out shopping for get-togethers or dining out with family/friends.
Do you really believe this is fair and equitable?
What is "fair" and what is "equitable?"
Should I walk into a job and get paid as much as my manager? Should I be able to look at someone else' house, income, savings, etc and decide - with
a bunch of my friends - that those people shouldn't have that much, justifying the taking of another person's livelihood?
Whether you think they deserve it or not is really not part of the issue, here. The question is why do you feel that you deserve to have a share of
some other person's property?
Sorry folks, no solutions to offer. Doesn’t mean a person cannot spot the actual problem though.
The problem is a lack of productivity in America. We are simply not producing the hard assets we used to. Most of it has been shipped overseas
without being replaced by proper high-tech manufacturing due to environmental restraints and labor union demands that drive up labor costs to levels
beyond what the market will allow.
This is compounded on top of a loan-driven economy with most Americans paying 70+% of their post-tax income to loan payments stretched out over 5+
years. An extra $50 at the end of the month was seen as enough to cover a $1,000 credit-card purchase. The concept of saving was virtually
eliminated from the common worker, who essentially lived on debt.
That is what contributed, primarily, to the concentration of wealth in the U.S. - people doing what they do - which is be stupid.
Sure - banks lent plenty of money to people who had no business taking out a loan - but, there again, this was due to Federal Reserve, FDIC, and FHA
policies that were intended to "increase mortgage availability to the underprivileged" - Bush and Obama both have talked about it - even as part of
their campaigns. It sounds like this grand, noble endeavor to bring an end to substandard living for everyone... until you actually stop and think
about what it ends up doing... remove all risk from loans issued by banks - guaranteeing there is nothing but profit to be made off of even the most
risky of loans (because the government insures that loan - part of the "bailout" program... it was on the books for years and not really something
Congress suddenly decided to do.
So - really - the problem isn't the people making money. Whether you think they deserve that much money, or not, is rather immaterial. It's
theirs. Focusing on what someone else has is the epitome of envy and greed.
The solution to the problem is to enable your own endeavors to result in success, rather than slam into a regulatory wall. Removing regulations and
government idiosyncrasies to promote the starting and growth of small and medium businesses will begin to normalize a lot of the pay rates across the
industries and tiers of management/workers.
That improves career opportunities for workers, and enables the entrepreneur to pioneer their own business endeavors, if they so choose (perhaps
creating jobs along the way, perhaps simply being their own private business - it's their operation).
This fixation liberals seem to have on how much money some people make is just silly. Let's grab our torch and pitch-forks and go take their money
from them.... then what? Spend it for a few months before pillaging the new "ultra-wealthy" (previously the "very wealthy")?
It's senseless and serves no purpose. The problem isn't how much money someone else is making. It's about the limited options for personal growth
currently faced. That is the real issue.