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Each part of the puzzle, the worker, the government, and the businesses or corporation each have to work together in order for the economy to work and society to improve. To answer your question, and assuming it is about today's economy, the first part that is broken is the corporation. Right now corporations are working their employees to death. They are receiving the same productivity with fewer workers, which means the workers they have are working longer hours and harder than ever before. At the same time, most companies are hoarding cash and increasing profits.
In our service economy, we depend on people to have cash to spend money to keep the economic engine going. States depend on sales tax revenue to provide services for its citizens. When the states don't see that revenue come in, they have no alternative but to lay off state employees. Which in turn takes even more money out of circulation. And the spiral continues downwards.
When corporations refuse to hire more workers, when they know they can, it is in my mind irresponsible to society. The companies are more responsible to their share holders than they are to the people they service. The problem with that is, that a large chunk of the share holders in these companies are the management workers themselves!
The part of the puzzle that is supposed to help out is the government. However, right now, government is broken. Government has a responsibility to the people. If that responsibility means to transfer wealth from the richest 5% to the poorest 50% so that the poorest 50% can just survive, then that is what has to happen. The government can't simply print more money and give it to people, that is unthinkable. But we are in a situation now where people with college degrees, good education, years and years of experience can't even get a basic service job that a high school graduate is qualified for. Why is that? It is because companies have refused to hire workers.
Right now the House is trying to pass a bill to give school districts across the country $10 billion to rehire laid off teachers. Did the teachers deserve to be fired? No. They were let go because sales tax revenue is down in all the states. This is part of government's responsibility.
To me, it is a shared responsibility between all 3 groups, and right now 2 of the groups are the problem. One is greedy, and the other is just broken.
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