Posted on 02/28/2014 11:21:05 AM PST by Red in Blue PA
Don’t blame the victims. Train your fire where it is warranted.
Socialism bump for later.......
With the former you eventually lose both.
Both wealth redistribution and growth are actually pretty nebulous when you think about it.
In both cases the adage, “It takes money to make money” is true. A business needs to spend money on its employees to get them to do the work it wants them to do. And this is wealth redistribution.
The trouble for business is that they can get caught up in the idea that they should only make money, not spend it. Either with slavery or otherwise stiffing their employees.
Ann Coulter just had the brilliant notion that if America wants a $14 minimum wage, all it has to do is stop immigration, illegal and legal, and the minimum wage will rise that high.
But growth works that way as well. Businesses tried outsourcing, again to get cheap labor, and now they want lots of immigrants. They just don’t want to pay a fair wage for a fair days’ work.
They want to grow, but don’t want to pay for that growth.
And government doesn’t really help here, but it can make things worse. Since business doesn’t want to pay for what it gets, government tries to take away that money anyway.
Which really avoids the issue, plus doesn’t help in the long run.
Zell has definitely had it. This is the second broadside he’s made about obamnomics this month.
I think federal politicians have made it clear since W took office that they don’t want economic growth.
[When I saw the headline I thought maybe Zell Miller had challenged Obozo to a duel. ]
Same here......sure liked the guy.
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