Global Economy

[acharya]

I am a small potatoes biz owner and investor and im here to tell you that the middle class in this country will be gone in 10 years if not sooner. [size="5"]The Us worker cant compete on the stage of this now global economy, not because they are not productive but because they have been priced out of the market. A guy in china can and will do the same job at a tenth the compensation and the guy in china still saves half or more of that income.[/size] Gee i wonder how these companies are posting record profits? Its not rocket science. Now i buy a tooth brush and the handle so thin it feels like im brushing with a drinking staw. I bought the kids some twinkies to put in their lunches and couldnt believe it when we opened the box and they are now the size that the fun size candy bars used to be. Im sure glad that there still ways to make money, even if its only cutting a product in half and charging the same price. But i think this party is just getting started.



We have a Quid Pro Quo society, it is now the “land of the special interest” that rules, behind their castle walls, costing and burdening what is left of the free markets, with taxes for trillions in entitlements and generous government salaries and pension obligations. The great community organizer has tried to create a no pain and all gain society. The liberal wing has brainwashed several generations, that business and “people of enterprise” are demons of greed and exploitation. It has worked most successfully. We now have the highest most suffocating business taxes in the world at near 45% Federal & State. [size="5"]Now we watch how China embraces our corporations to move their operations there, with zero corporate tax and free land. China and most of Asia worships free markets capitalism and does not tax the means of production. [/size]



As the liberal wing makes fun of trickle down economics, we again watch China with near 10% torrid economic growth. We watch China not “trickle down’ but a “torrent down” economics bringing great wealth to tens of millions of Chinese along the coast. This great wealth is rising all boats, which shows up in car sales that now exceed America’s. We see the many Chinese now buying new homes and consumer products. Much of Asia is growing wealthier as America declines into the abyss with 52 Trillion in private and public debt, ( David Stockten) as we still reward “people of entitlement” at the expense of “people of enterprise” This country is not the land of opportunity like it was 100 years ago that brought our ancestors here. It has become “the land of .