JoeB131
Diamond Member
- Jul 11, 2011
- 172,563
- 33,242
I've covered it in other posts, but here's the nutshell version.
Mitt Romney -and people like him- got very rich by dismantling the old Post New Deal economic order. That people brought home good wages, established a solid middle class and perpetuated economic prosperity. It was a system that was good enough that smart Republicans- Eisenhower, Nixon, Ford, even Reagan- embraced it.
Then somewhere along the line, the mentality got there wages were the problem. That good pensions and good wages were limiting profits. So there was a series of union busting, of offshoring, of down sizing, of outsourcing that kind of reduced average working wages.
And this is the problem. A compassionate government should help those who can't help themselves or find themselves in a bad spot. But lifetime dependency is a bad thing. But when you replace that good union job with a McJob, and people have to make up the difference with government assistance,
So, really, the working class gets it twice from Romneyism. Once in the form of reduced wages, and again in teh form of a higher tax burden to support those on the bottom rungs of "working poor".
It's a recipe for disaster, and at some point, will bite them back.
Mitt Romney -and people like him- got very rich by dismantling the old Post New Deal economic order. That people brought home good wages, established a solid middle class and perpetuated economic prosperity. It was a system that was good enough that smart Republicans- Eisenhower, Nixon, Ford, even Reagan- embraced it.
Then somewhere along the line, the mentality got there wages were the problem. That good pensions and good wages were limiting profits. So there was a series of union busting, of offshoring, of down sizing, of outsourcing that kind of reduced average working wages.
And this is the problem. A compassionate government should help those who can't help themselves or find themselves in a bad spot. But lifetime dependency is a bad thing. But when you replace that good union job with a McJob, and people have to make up the difference with government assistance,
So, really, the working class gets it twice from Romneyism. Once in the form of reduced wages, and again in teh form of a higher tax burden to support those on the bottom rungs of "working poor".
It's a recipe for disaster, and at some point, will bite them back.