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We have the freedom to relocate to a country ( assuming said country will have us) that better aligns with our values and principles.
I'd rather manage my own retirement. Does having to move to another country along w/leaving a home, job , friends and family sound like a reasonable alternative to just cancelling participation like you would with a private plan?
Ive been around long enough to see the highs and lows of America. Ive seen less than handful of people literally run companies of THOUSANDS of people into the ground. College frats buddies destroying the lives of thousands of people due to ridiculous business decision making that literally grade School kids wouldn't Make . Only to line their own pockets and only a select few benefit and everyone else is left destroyed and shattered.. Should we just have a government run economy where it doesn't take just a HANDFUL of people to destroy everyone's livelihoods completely.? Eliminate an, empty suit sector in its entirety. Nothing positive has ever came from unchecked corporate greed held unaccountable to do as they please.
First - ALL business exists to make, sustain and grow profits. Period. In the "for-profit" case, the profit is split among the owners/shareholders of the business as they see fit. In the case of the "non-profit" the profits are reinvested in the company or saved for future operations. But all business exists for one reason - profit.
Next - your complaint is based on your wildly ignorant and misguided belief that business exists to provide jobs. That is false. In fact, all business seeking to maximize profit (which all should, as that is the name of the game) would employ the fewest number of people in order to satisfy the corporate revenue goals, thus minimizing labor costs.
Finally - your complaint also fails to mention that the "college frat buddies" making those ridiculous decisions that ruined thousands of lives did so under a wide array of laws created by meddlesome GOVERNMENT that shields the college frat boys from the financial consequences of their bad decisions. Understand very, very clearly that the entire notion of the corporation as you know it is 100% a government construct. The corporate America you want to turn over to government control ALREADY IS government controlled. It could exist as it is today no other way than to have the protection of Leviathan's monopoly on force and violence. Thus, your "solution" is to do same as today, just more? Fewer business people, more wildly ignorant bureaucrats trying to skim off the top? Really? That to you is a solution?
And lives are not ruined by a company going out business. Investors lose money if they were foolish enough to have zero diversification or gambled too hard on one bet, and employees lose jobs, but if your life is ruined by a company going out of business, the ruination is your own fault, as you invested too much into what is at best a guaranteed uncertainty. But no company goes out of business overnight, and no company controls the 128 hours per week you are not at work and could be doing other things to insure against future risk, and no company controls your savings/insurance behavior generally. If your life gets ruined, then you didn't just stand on the tracks and waited to be hit by the train, you got out a sleeping bag ad pillow and full on sacked out on the tracks, hoping for it.
I see more better off, former govrernment retired employees and more job security among the public sector than ANY private sector deal these days. Yes I do. All I see is private sector abuse, understaffing, trash treating private sector employers riddled with high attrition rates, layoffs, downsizing now
Proof is in the pudding now. Government is the better choice. Unless you're among the select few empty executive/frat boy suits
You're so right, by far. In the small town I live, the only good job I ever found was with the federal government. Unlike all the others, it was unionized. So it had higher pay, better benefits and the only job that came with a pension.
Last edited by StillwaterTownie; 10-14-2019 at 02:02 PM..
Unemployment is lower now than it has been in decades. What are you talking about?
The problem is too many low income out there only able to afford mainly government services, like the utility bills, with not much left over to buy stuff from the private sector, other than food. It would help to raise the minimum wage.
Government creates NO WEALTH on it's own, and the people in government are as GREEDY as anyone else, or more so with creating their huge bureaucracies and salaries, benefits, and PENSIONS for life. All with money TAKEN forcibly from the taxpayer. We don't have a choice, but we do have a choice in what to buy in the private sector.
So all that higher pay and benefits largely goes to the private sector with taxpayers, some who are storekeepers benefitting.
Should the private sector be done away with complete in America?
Sure, we can be like Romania under Ceausescu. Everyone can have sugar water for breakfast. We can have the army guard truck convoys rushing food from one city to the next to prevent riots by starving people while the very people you rail against lord over you and enrich themselves.
I'd rather manage my own retirement. Does having to move to another country along w/leaving a home, job , friends and family sound like a reasonable alternative to just cancelling participation like you would with a private plan?
If you don't want to be robbed it's your moral and logical duty to get out of the way of the robbers.
Remember that as you turn over your wallet after doing nothing wrong.
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