Originally posted by neo96
We are screwed if something doesn't change and real jobs start getting created full time jobs not increasing the wages for 'part time' work that
will have the effect of more people out of work because business cuts cost anyway they can.
Business can cut all the labor costs they want, and when they've completely eliminated their own market as a result, they can collapse. Double digit
quarterly profits were never supposed to be the new normal for Wall St, but this is what's demanded of companies that are publicly traded, and the
net result is that they are all trading their futures to survive from quarter to quarter.
There's no actual viable market that can replace the US market, no matter what some think tank suggests about the future of China and India. Their
version of a middle class isn't capable of supporting the market needs of 1/4 of the corporations that will be vying for that business and never will
be capable of supporting those needs. Europe is much too small and culturally fragmented, and the rest of the planet is basically 3rd world (and
business will work to keep it that way)
The mantra has been efficiency and leanness for much too long, with no focus on maintaining the health and viability of the most important player in
the whole supply and demand game - the buying market. We've allowed enormous corporations to devastate local and regional small business as if it's
entertaining to watch cutting edge manufacturing and retailing business models lay waste to those companies that were never going to have the
investment power to reconfigure fast enough to survive. We've allowed Wall St to hire Physics PhDs to invent investment products that are too
complicated to regulate, with billions siphoned out of our economy monthly without a trace as a result. Sure, it's all legal, but that's because no
one can understand what the hell is going on, and the guts of these products are protected by proprietary information laws.
You're right. If this continues, there will be a crash. And if that crash does come, at least 1 million people will know exactly who to turn on for
vengeance. It won't be Obama. It won't be welfare recipients. It won't be college kids. It won't be Liberals. It'll be bankers, brokers, large
corporation business executives, hedge fund managers, GOP activists, lobbyists, and (most likely in the earliest days of it all)
mouths who've been defending those j@ck@sses to the rest of us and blaming us for our own inability to survive this relentless and intentional
elimination of an even break over the last 10 years or more.
Those angry jerk who vacillate between laughing at us and spitting at us whenever we complain about how impossible it is for the average US citizen to
believe that there's any future left for anyone who's not already on the inside of whatever the hell this is that the big business community has
been building around itself for years now. Those people will be the first to take the hit because they'll be the most readily available, and they'll
be the ones who discover that there's no room on that "inside" for them either.
Of course, if a crash does come, then it won't be long before that "inside" is ripped wide open anyway. This is the United States of America. No
society has ever been as universally violent and malignantly self-entitled as this society is. And there's not enough money on Earth to keep the
worst of this society out of your home, away from your family, if you've been tagged as having contributed to its economic collapse.
Hell, I'd much rather be part of the mob on this one. The rich and their idiotic apologists will be easy to find, easy to identify, and perfectly
positioned to take the blame for all of it.
Yeah, someone better do something, but the truth is that since the rich and powerful run this show, they're going to be the only ones who can do
anything. If they don't, then it's on them, and God help....
....God won't be able to help anyone if this crashes.