Shared Responsibility? Is this the new word for communism?
Just how can you justify that it is my responsibility to pay for the needs of anyone else outside of my family?
And not only justify that it is my responsibility, but that it is OK to use the threat of deadly force (law) to make me do so?
Just about all of our problems are caused by the idea that we deserve to get something for nothing. Not only do we deserve it, but we can figure out a way to make a "something for nothing" scheme actually work.
One of these days the people will wake up to the fact that they've been sold a bill of goods.
We share it now. We have a large “immigrant” population here and over the last few years when you go to the local Pediatric clinic you are the only one there speaking English and paying your own way. Oh it just burns me up to have to wait for a hour ( what used to 10 minutes ) and know I am paying for all the others there too.
SOUNDS LIKE TO ME...
From each according to his ability, to each according to his need (or needs) is a slogan popularized by Karl Marx in his 1875 Critique of the Gotha Program. The phrase summarizes the idea that, under a communist system, every person shall produce to the best of their ability in accordance with their talent, and each person shall receive the fruits of this production in accordance with their need, irrespective of what they have produced. In the Marxist view, such an arrangement will be made possible by the abundance of goods and services that a developed communist society will produce; the idea is that there will be enough to satisfy everyone’s needs.
If they can't their profitability is lowered and that, sometimes, leads to lower wages and/or fewer jobs. Other times investors simply have to live with smaller returns.
Companies big and small, have vast amounts of unspent money. It's unfair that wealthy corporate tycoons should be able to keep the obscene profits. Government needs to step in and insist that companies treat their employees fairly. You're wrong to assume that any costs a business incurs will be incorporated into the price of their product, or by resisting wage increases, or by reducing dividends. The pot of unspent money will pay for it all.
SS from Fantasyland, over and out.
Do you want wage increases or healthcare? If everyone dropped their healthcare, I'm sure that 4% aveage wage increase would be many many times higher. Remember paid health care is compensation. It just isn't reported as taxable income in most cases.
Paying for that 300% increase in health care has to come from somewhere. Increased costs to consumers for every item they buy and tight budgets for pay raises.
Not going to read the article, but I'm suspicious of the 150% increase in corporate profits. 1978 was a sucky year for corporate profits for a valid comparison. We were in Jimmah's economic fun house at the time.
The first law of thermodynamics, reduced to simplest form, is that you can’t get more than what you pay for.