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Yes, so why are some incessantly screaming about demanding a minimum wage here in the U.S.?
Incessantly screaming? Hyperbole aside, because we want to keep our standard of living. You can not raise the minimum and make up the difference with welft spending, either way we are going to lose until the global labor pool reaches more of an equilibrium.
Incessantly screaming? Hyperbole aside, because we want to keep our standard of living. You can not raise the minimum and make up the difference with welft spending, either way we are going to lose until the global labor pool reaches more of an equilibrium.
That's what a borderless progressive left will achieve. Serfs working collectives for an elite.
Gosh look at everyone wanting to race to the bottom so that the richest among us can be even richer.
The US is wealthier then ever in this global economy. The issue is that the "global" economy is not the majority of our economy. The majority is from our population.....who people here seem to demand that we make poorer. While vastly enriching the .1%
"Everyone" didn't want to do that. However, presidents that sign NAFTA, TPP, etc... All Democrats.
Please.
Quote:
Following diplomatic negotiations dating back to 1990 among the three nations, U.S. President George H. W. Bush, Canadian Prime Minister Brian Mulroney and Mexican President Carlos Salinas, each responsible for spearheading and promoting the agreement, ceremonially signed the agreement in their respective capitals on December 17, 1992
Basically Bush. A Republican last I noticed. hmmm
Followed up by Clinton doing the final signing into law (which I still have not forgiven him for)
Quote:
Historically, the TPP is an expansion of the Trans-Pacific Strategic Economic Partnership Agreement (TPSEP or P4) which was signed by Brunei, Chile, Singapore, and New Zealand in 2006. Beginning in 2008, additional countries joined for a broader agreement: Australia, Canada, Japan, Malaysia, Mexico, Peru, the United States, and Vietnam, bringing the total number of participating countries to twelve.
Now remind me again...who was president in 2008?
Stop your foolishness, ALL parties have been part of this. While I hold a grudge over it on people in my party who were complicit in passing it, why do you ignore who started them?
Why don't you try to TRULY inform people instead of misleading them.
Any semblance of a "Free Market" in this country has been effectively destroyed not by government but by the very wealthy elite that benefit from corporatism (joining of corporations to politicians and government contracts) and crony capitalists (illegal but unprosecuted collusion at the top level) and the biggest of the banks (too big to fail) that have removed almost all of the risk for the very biggest investors but left it on the small investors.
Most of our economic problems with stagnant wages could be cured by returning real risk to all investors not just the little, and unimportant people. The myth that we are competing with the world only applies to our formerly prosperous workers. Our financiers are the ones investing in wage slave companies in China and Bangladesh. This could be curtailed by placing a special income tax on money made in these places instead of in the United States.
We could install countervailing tariffs that negate any lower prices derived form wage, lax environmental standards and government investment. The result would be fair trade. When the importing countries matched our wages, improved their environmental standards and went to the capital markets for investment the tariffs would end.
We have also made the mistake of placing proportionally more taxes on the middle class than on the elites. I suggest that we reform the income and social security tax systems by eliminating the differences between earned and investment income. We should base Social Security tax on all income from all sources with a cap on payments so a new and more reasonable rate could be set. Income tax should also be based on all income from all sources, including criminal (think of the way they bagged Capone) with a deductible set at the 90th percentile. Then set the rate at a level that would pay current expenses like military programs and only allow borrowing for civil works and infrastructures repair and replacement.
The major effect of these taxes would be more money in the hands of the people that work here on our projects and products that we use. The rest of the world could compete on quality not price.
CalPERS:California Public Employee Retirement System
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