Dragonlady
Designing Woman
- Dec 1, 2012
- 52,869
- 30,947
They kill unions, gut the middle class, the money rises to the top, THEN they bitch like this.
They are living, breathing examples of the Dunning-Kruger Effect. Abject Arrogant ignorance.
I remember when Reagan promised, every worker in America would get a raise when they got rid of the unions, and they could negotiate their own wages and benefits. The working people believed him, got rid of the private sector unions, and they’re expecting that raise any day.
Along with the huge raise that Donald Trump promised them would be coming their way after he cut corporate taxes. One percent of American workers got a small one-time bonus, generally around $1000, and the rest was spent on stock buybacks. This raised the value of the stocks, and further concentrated wealth at the top, pushing smaller, middle-class investors out of the market.
Failure to raise the minimum wage is also transferring wealth from the middle class to the top, to supplement minimum wages paid to workers by some of the most profitable companies in America.
If some of those profits were going to the workers in the form of higher wages, the companies would still be very profitable, shareholders would still receive healthy dividends, and the workers would not require income supplements. Entire levels of bureaucracy will be eliminated, dealing with applications, assessing qualifications, collection of funds and paying to recipients. Win/win, Especially for the workers and the taxpayers who have been on the short end of the stick since Reagan was elected.