Comments on: LETTER: The Value of Your Labor
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By mooseberryinn on 12-03-12 @ 7:48 am
By the time Comrade/King Obama is through with his economic destruction, our dollars will be worth just about zero. And - now he wants the power to raise the debt ceiling without congressional
approval? Um I’d vote “no” on that.
By Brattr on 12-05-12 @ 9:39 pm
Civil? “Comrade/King Obama”? Evidently the Flathead Beacon caters to knuckleheads…seriously.
By Gators on 12-08-12 @ 7:39 pm
Remember Congress and then the Senate has to apporve almost everything the pres. wants to go into law. How can a gov’t expect the avg. person to have a good handle on money when
they don’t? Why did many voters age 20-40 years old vote for someone who is going to
increase the debt they are going to pay for down the road? Both parties are to blame, and if
you look back in history Thomas Jefferson died deeply in debt.
By reggie on 12-15-12 @ 10:24 am
With “free trade” the value of our labor is set by our third world slave wage competetors…..68 cents per hour (as in China) is our wealthy overloards goal for us mere producers of all wealth
here at home.
By Gators on 12-15-12 @ 12:25 pm
Reggie: You make a lot of sense. Basically we have more supply of goods in the world than demand. Thus the price comes down. Look at the car industry. In the 60’s usa car companies
were the kings of the road. Everyone want to work for them. Then they got more competitors
and slowly the usa lost market share because the consumers wanted a cheaper car, and many
of the imports were made better. You advance to today and the big 3 in the USA are just an
immage of the their strong past. Who is to blame? The consumers with their money what they
want, and they have spoken loud and clear.
By reggie on 12-15-12 @ 1:19 pm
Yes, frugal consumers have been, and continue to be, used to destroy nearly everything the U.S. stands for.. It is difficult to understand the high cost of low price…. but not impossible.
IIRC, the first act of our founding fathers was to institute tarrifs and quotas on imported goods,
to protect our national industry. The purpose was manifold; to have the means of self defense
based at home, to protect workers from slave wage foreign competition, and to fund our
government. This system worked well for everyone in the U.S. from our founding until “we”
adopted the supply side economic theory as policy, starting in the 1970s and completely
adopted in the 1980s….over 200 years of success.
Since 1776 it would have been much more profitable to outsource our production to other
nations, if profit was the only consideration. Now we have thirty plus years of evidence that
proves the complete failure of this rigged economic system, for the 99%. It does, however
outrageously enrich the 1%, at everyone else’s expense.
Until this (class war) system is abandoned, and sane economic policy reinstituted, there can be
NO RECOVERY.
By mooseberryinn on 12-15-12 @ 3:15 pm
Good luck Reggie.
By reggie on 12-16-12 @ 7:39 am
kig, what is the point of posting gibberish, or is this an attempt cheap advertizing?
The views expressed in the comments section do not reflect those of the Beacon.