Gadawg73
Gold Member
- Feb 22, 2009
- 14,426
- 1,618
The top tier tax rate remained at 91% until Kennedy 'slashed' it to 70%. There was less money for 'investors' to pump into job creation then than there is now. What there was was a shared sense of community and citizenship and a whole lot less greedy douchery.
You are right, there is less of a shared sense of community these days.
Citizens that vote for government that steals from producers to give to the moocher and parasite class is the reason why.
Back then, the captains of industry wouldn't have even considered outsourcing or moving American jobs to third world countries. They'd have been considered traitors and rightfully so. The guys at the top fired the first salvo in this class war and now that most working class jobs are gone, why does it surprise you that a lot of people need assistance?
No job has ever been moved to 3rd world countries. The American consumer YOU AND I, demanded they leave.
We are unwilling to pay $190 for a pair of Nike or any other kind of shoes of today's standards that we now buy tens of millions of for $70.00.
Ditto everything else we buy from China. We demanded it, our standard of living.
What exactly the hell is a "working class" job?
No offense to you but that is a fucked up phrase.
Are farmers "working class"? My cousins still run an apple farm in NY that my grandfather started in 1898. They make millions IN PROFITS and they work 90 hour weeks most all year.
We are ALL working class. I know some trial lawyers that struggled for 20 years and then became successful because they put in 60 hours a week all the time.
Same for doctors, are they "working class".
Again, no offense, but do you get my point? Most all of us work no matter what we make.
The American worker did not keep up with the times and go to the next wave of what employment is in demand.
Now that is largely the fault of American business also. When the automobile was coming of age there was no strong horse and buggy builders union.
There were many unions that for many years locked in and handcuffed many manufacturing businesses in the US and those union contracts for low skill uneducated workers outran the competition from other countries.
If a man in Mexico can make a widget for $5 a hour and we have to pay a US worker $18 a hour to make the exact same widget what does a company that does business around the globe do?
They send those manufacturing jobs overseas to save their business and if not, THEY LOSE ALL THE JOBS in that business.
An example of how a manufacturing business is run and how this applies:
Your company makes widgets. You employ 170 people.
You have an operating officer, a comptroller, 4 IT specialists, 2 receptionists, 8 security, 8 maintenance personnel, 6 engineers, 2 accounts receivables staff, 2 accounts payable staff, 10 secretaries, 8 sales staff, 3 personnel managers, 123 manufacturing staff, 12 shift managers, 2 in the finance department, 4 in shipping and receiving, a CPA, a plant manager and 4 assistant managers of the finished product.
So to produce that 1 widget in this plant in America it cost $10 to produce this widget and pay everyone a "living wage" plus medical insurance which is around $7,000 per employee for family coverage and rising at 15% a every year.
Your widget is made the same as the other 7 plants woridwide and they can make their exact same widget with an abundance of quality labor for $7 a widget.
If you do nothing and pay everyone the same you go BANKRUPT very quick ALL THE EMPLOYEES lose their job.
OR you do what is smart and the ONLY thing to do:
You outsource those manufacturing jobs to the countries that have that abundance of cheap uneducated labor. And it sends many messages to Americans. Educate yourself further than the man in Mexico and China.
But MOST IMPORTANTLY it does this:
It SAVED THE COMPANY AND THE REMAINING jobs.
Most of the retention rate is about 40% as about 60% of a manufacturing plant is actual line employees.
And EVERYONE in the building IS WORKING CLASS.
Government mandates like the minimum wage and union pressure has done more to run jobs overseas than anything a company ever could do.
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