Excellente! but don't take this guy's take on it. Take the word of a Captain of Industry - Henry Ford who raised his workers wages so they could afford to buy the products they were making. There is nothing really new under the sun.
The most important paragraph in the piece is the last one. While we can go back and forth about minimum wages, no one talks about maximum wages. All this puts me in mind of the very real saga of Hostess. Management wasn't doing their job of managing the company - determining product lines and mix, distribution systems, production facilities, corporate structure, etc etc etc. Always making sure, of course, to pay themselves multimillion dollar salaries. Well, the neglect of the business fundamentals eventually became evident and they were at risk of going out of business. So they did the obvious thing, they cleaned up their act... no, no, I mean they told their union to take a pay cut or lose their jobs. This is the sort of thing that could provoke riots back at the turn of the 20th century. But not at the dawn of the 21st century. So management was able to get Chinese level wages without actually shipping production to China. Bonuses all around. But they still weren't doing their jobs and the on-the-verge-of-bankruptcy came back. This time tho', labor gave management the middle finger and the company went out of business, selling off their intellectual property off to other, hopefully more competent management.
In addition to looking at the minimum wage, I think we should be looking at a maximum wage. Bring back the 91% top marginal tax rate on incomes greater than say, $20M annually. Oh, and tax corps on their world wide incomes, not just US income. That would do more to prevent offshoring of business than anything else I can think of.
One oligarchs' party with two wings, DNC and GOP -- with identical interest.
Perhaps priorities -- First resolve Russia-gate hoax – St. Obama's and St. Biden’s scam of the century -- instead of minor distractions/entertainment (gay and abortus "wars") and censorship.
The two are NOT next Roosevelts... - just two more corrupt oligarchs
A major censorship / silencing wave is coming – utilizing FB, Google, Tweeter, Apple monopolies which are fully integrated with domestic surveillance apparatus.
- Biden, Pelosi, Schumer, Kamala (Hillary’s protégé), Schiff, Jamie Ruskin, etc. have to continue and intensify the now 5-year long Russia-gate scam.
- Together with Obama and Hillary and their intelligence and DNC executives, they invented the deliberate, stupid and dangerous Russia-gate fabrication on behalf of their Wall Street and military industry donors, i.e., the imperial War party.
The highest need of new government and its DNC cabal is that Russia-gate immense hoax and Ukraine-impeachment “entertainment” will NOT / will NEVER be exposed.
- Hence desperate efforts by its primary propagandists in CIA (Brennan) and military, and by primary propagandists, including Kamala, Neera Tanden, Tony Blinken, Pete Buttigieg…
- Note Pelosi’s brazen statement on DNC and Biden-family corruption (Hunter’s laptops) – “All roads lead to Russia” and Hillary’s suggestion to check if Trump called Putin during Capitol riots – with which Pelosi agreed.
The Russia-gate lying team is back in power – Russia-gate hoax will be only amplified. Note that on Biden’s very first day US army convoy was dispatched into Syria to “protect” Syria’s oil fields. The War party didn’t lose a minute – servicing donations from arms and security industries can’t be delayed any longer.
Once again: The entire anti-Russian narrative is a deliberate fabrication and the scam will continue. Always remember: Clapper, Brennan & Hayden trio were among top former Obama 50 intelligence officials stating that Hunter-laptop is classical “Russian disinformation”.
- They were also key promoters of the three-year Russia-gate hoax.
- They were also key intelligence executives in Obama/Biden/Hillary government – the government which hunted Snowden (forcing Bolivian plane with Bolivia’s president to land to search it) and armed Al Qaeda (including “white helmets” hoax) and staged all chemical attacks in Syria to remove its government.
Democrat Party is a deeply corrupt fascist dictatorship serving its billionaire donors and arm and intelligence industry interests; there is only one imperial fascist party – with two wings. The only solution is a viable third (and fourth, etc.) party
Excellente! but don't take this guy's take on it. Take the word of a Captain of Industry - Henry Ford who raised his workers wages so they could afford to buy the products they were making. There is nothing really new under the sun.
The most important paragraph in the piece is the last one. While we can go back and forth about minimum wages, no one talks about maximum wages. All this puts me in mind of the very real saga of Hostess. Management wasn't doing their job of managing the company - determining product lines and mix, distribution systems, production facilities, corporate structure, etc etc etc. Always making sure, of course, to pay themselves multimillion dollar salaries. Well, the neglect of the business fundamentals eventually became evident and they were at risk of going out of business. So they did the obvious thing, they cleaned up their act... no, no, I mean they told their union to take a pay cut or lose their jobs. This is the sort of thing that could provoke riots back at the turn of the 20th century. But not at the dawn of the 21st century. So management was able to get Chinese level wages without actually shipping production to China. Bonuses all around. But they still weren't doing their jobs and the on-the-verge-of-bankruptcy came back. This time tho', labor gave management the middle finger and the company went out of business, selling off their intellectual property off to other, hopefully more competent management.
In addition to looking at the minimum wage, I think we should be looking at a maximum wage. Bring back the 91% top marginal tax rate on incomes greater than say, $20M annually. Oh, and tax corps on their world wide incomes, not just US income. That would do more to prevent offshoring of business than anything else I can think of.
Thank you very much -- can't agree more... !!
I voted for Bernie during Iowa election steal !
One oligarchs' party with two wings, DNC and GOP -- with identical interest.
Perhaps priorities -- First resolve Russia-gate hoax – St. Obama's and St. Biden’s scam of the century -- instead of minor distractions/entertainment (gay and abortus "wars") and censorship.
The two are NOT next Roosevelts... - just two more corrupt oligarchs
https://www.youtube.com/watch?v=eIAWggqZQmE&feature=emb_logo
A major censorship / silencing wave is coming – utilizing FB, Google, Tweeter, Apple monopolies which are fully integrated with domestic surveillance apparatus.
- Biden, Pelosi, Schumer, Kamala (Hillary’s protégé), Schiff, Jamie Ruskin, etc. have to continue and intensify the now 5-year long Russia-gate scam.
- Together with Obama and Hillary and their intelligence and DNC executives, they invented the deliberate, stupid and dangerous Russia-gate fabrication on behalf of their Wall Street and military industry donors, i.e., the imperial War party.
The highest need of new government and its DNC cabal is that Russia-gate immense hoax and Ukraine-impeachment “entertainment” will NOT / will NEVER be exposed.
- Hence desperate efforts by its primary propagandists in CIA (Brennan) and military, and by primary propagandists, including Kamala, Neera Tanden, Tony Blinken, Pete Buttigieg…
- Note Pelosi’s brazen statement on DNC and Biden-family corruption (Hunter’s laptops) – “All roads lead to Russia” and Hillary’s suggestion to check if Trump called Putin during Capitol riots – with which Pelosi agreed.
The Russia-gate lying team is back in power – Russia-gate hoax will be only amplified. Note that on Biden’s very first day US army convoy was dispatched into Syria to “protect” Syria’s oil fields. The War party didn’t lose a minute – servicing donations from arms and security industries can’t be delayed any longer.
Once again: The entire anti-Russian narrative is a deliberate fabrication and the scam will continue. Always remember: Clapper, Brennan & Hayden trio were among top former Obama 50 intelligence officials stating that Hunter-laptop is classical “Russian disinformation”.
- They were also key promoters of the three-year Russia-gate hoax.
- They were also key intelligence executives in Obama/Biden/Hillary government – the government which hunted Snowden (forcing Bolivian plane with Bolivia’s president to land to search it) and armed Al Qaeda (including “white helmets” hoax) and staged all chemical attacks in Syria to remove its government.
Democrat Party is a deeply corrupt fascist dictatorship serving its billionaire donors and arm and intelligence industry interests; there is only one imperial fascist party – with two wings. The only solution is a viable third (and fourth, etc.) party
Excellent analysis. Thank you!