Our economy a must read

[Riot]

Originally Posted by jms62

Meanwhile those at the very top getting filthy rich. Any changes vis a vis lower taxes, releaxed regulations will NOT result in more jobs, it will result in those at the top getting even more filthy rich.

Precisely. While American productivity has skyrocketed, all the resultant profit has gone into the pockets of a few. The 1950's and 1960's were indeed promising boon years, but the middle class dream is gone now.

The business model will be to continue ship jobs overseas and bring in Cheap labor. Meanwhile those wages that are being shipped overseas and not to our middle class will not BECOME REVENUE for other companies as it is gone. This is unsustainable for our economy but it doesn't matter to those at the very top as they are getting theirs now and the future of our country is of no concern. I say is our enemy
al-Qaeda , Iraq, Iran ? I see these parasitic CEO's sucking the last revenues off the dying corpse as more of a threat.

Yup.

Obama stood there and said he was going to remove the loop holes and rewards for shipping jobs overseas 4 years ago. I voted for him and he failed me. He is nothing more than simply another politician pushing his parties agenda.

While wanting him to do more, certainly (I do, too) you have to like the increased trade sanctions he's instituted.