We all talk about what is best for America's economy and we can't understand how blind the powers that be are to what works and what doesn't work...ie. "Trickle Down Economics". So the Republicans keep selling the idea of a free market economy to altogether too many people. This ultimately serves ONLY the largest corporations in the world and enough of the voting public buys into it to sustain this dialog as things continue to deteriorate for working Americans. What we don't get is that this is exactly what the powerful want. They do not want to fix the American economy. Not the Republicans. Not the Democrats. Not Obama.
Why would they not want to fix the American economy? It would seem that the more people could purchase, the more money the corporations would make. However, what most Americans fail to realize because of their basically egocentric perspective is that there is a world of money to be made selling the same products in China, India, or any other emerging nation in the world. THEY DO NOT NEED OUR BUSINESS.
I heard Bernie Sanders on the radio last week talking about how some company in New England actually imports granite from China. Think about this for a minute. It is cheaper and more profitable for a corporation to have people in China dig up the granite, transport it to the port, ship it about 5000 miles to the U.S., unload it, and finally transport it to its destination than it is to pay American workers to dig it up and transport it directly. And we are talking about granite!
How incredibly little must Chinese workers earn to make this possible?
Once you figure that out, couple it with the attack on the American worker, Unions, and the middle class in this country, and you may get an idea of what major corporations have in mind for the future pay scale in this country. The idea is to make Americans desperate to the point where they are willing to work for the same wages as the Chinese.
Now maybe you can understand how all these seemingly incredible financial debacles in this country cannot be resolved to our satisfaction. They ARE being resolved to the corporate world's delight.