thereisnospoon
Gold Member
Businesses are not required nor should they "serve the public interest" . That is the job of the public sector. Public service.Republcan policies will produce a small but powerful wealthy class, a small "middle" mercantilist class, and a huge and terrified worker class. When cons say let the market decide, what they really mean is stop government from defending workers and the middle class and let the corporations decide how much to pay for labor and how much to trade with china and india. Their way has not worked for the American middle class.
But republicans say the government is the problem. Only problem with that is that the middle class is the creation of government intervention in the marketplace, and won't exist without it. Labor laws, minimum wage, unions, etc.
If you want to play the game of business in the US you have to play in a way that both makes you money AND serves the public interest. Manufacturing in China and outsourcing to India does not serve the publics interest. But remember you said it would? You said as consumers we would save money. But who cares? We want good jobs, not cheap goods.
The big American middle class is the invention of liberal democracies, the New Deal, labor laws, minimum wage. It is the result of government regulation of markets and tax and labor laws.
When government sets the rules of the game of business in such a way that workers benefit too, a
middle class will emerge. When government gives up these functions, the middle class disappears, as we saw happening under Bush. It actually started with Reagan.
Only a return to We The People again setting and enforcing the rules of the game of business - will reverse this dangerous trend. We've done it before, with tariffs, anti-trust legislation, and worker protections ranging from enforcing the rights of organized labor to restricting American companies' access to cheap foreign labor through visas and tariffs. The result was the production of something never before seen in history: a strong and vibrant middle class.
Private business operates to turn a profit for it's owners and/or investors.
As a business person, I owe you NOTHING.
New Deal did not create anything. The New Deal and all other social programs took money from those that earned it and transferred it to those who did not.
We still have that today. Redistribution. Obama's stimulus which was sold as a means to stimulate the economy. It did not. Obama sold it as "new" money. It was not. The stimulus was redistribution. Obama said the stimulus would go to shovel ready projects and get the private sector to hire again. There were no shovel ready projects and most of the stimulus money went to unions and to delay the inevitable layoff of public employees. And some states used the money to pay off debt. The stimulus like all other government projects, was a big lie. At the end of the day all of this just added to the already crushing debt.
Ya know who or what makes the middle class thrive? PEOPLE do.. We do. Not business. Not government. Not programs. Not some giveaway.
PEOPLE.....The sooner you realize that it is the individuals of this nation that bring us greatness, the better.