- Joined
- Oct 30, 2003
- Posts
- 34,074
The most entertaining (and pathetically depressing) thing about arguing for "company profits" is that, in general, when profits go up, wages and low-level pay do not follow suit. Layoffs and denial of benefits or wage increases are intended to ensure that, regardless of company performance, those in the higher echelons of the company continue to gain the same amount. Profits are "recouped" by increasing business performance and (unless those aiming to do the "recouping" are willing to openly admit that the company's failures are the fault of the workers punished by their decisions) attacking workers' livelihoods is the pinnacle of arrogant and self-serving greed.
Yep... Corporate/Business profits have little bearing on hiring. It's not like Company X says "WOW the goverment gave us an EXTRA 500k, Lets hire a few more people. Instead it is "lets go on a junket to Milan and lease all our top execs new Jaguars". Or "Lets Buy Company Y, lay off their workers and smash consumer competition". Or some of them just bank it.
Give the middle and lower class a tax break and they buy products, go on vacation or renovate their house. All of which goes right back into the economy and helps support jobs in the USA.
The best case scenario for the wealthy in our consumer economy is to simply empower the working class.
And on the Working Class, John McCain is the first major candidate in recent history to attack the EITC. What a sick fuck. Of course he did not say the words EITC less his joe sixpack supporters actually realize that he is calling them welfare rats.
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Once again, Frightful Troll, your logic is faulty in that it is so self-centred that it somehow manages to ignore that one hundred percent of the post-industrial world is in a better situation socially, economically, and diplomatically without the need for such a strong military.