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View Diary: Bernie Sanders: "Guess Which 10 Companies Aren't Paying Their Share" (147 comments)

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  •  It's Not Just About Sacrifice but Survival. (0+ / 0-)

    Continuing to funnel more wealth to the wealthy and less to those with little is economically not "pragmatic".

    Those who are not wealthy spend more of what they earn so they are more effective and efficient stimulators for our economy.  If you increase their purchasing power they use it by purchasing.  

    That helps not only the American economy but also the Chinese economy (for example) because the reason their middle class is starting to grow is that our middle class was buying the things they were hired to make.

    If we stop buying, they'll stop working.

    If they stop working, they'll stop buying and then where will our global corporations be who somehow thought they could starve us out and still retain their golden eggs?

    Pure pragmatism is what should be motivating this job program and removal of the unnatural incentives currenlty in place that reward American companies for economic behavior that is not only destructive of our middle class, but in doing so self-destructive for American corporations and the American economy (and eventually American democracy.)

    If the growth of the middle class in China is the great sign of eventual and inevitable rise of democracy, what sign is given by the decline of the middle class in America?

    Someone in a very expensive suit is at the front door and says he wants to foreclose on our democracy. Where should I tell him he can put his robosigning pen?

    by Into The Woods on Mon Aug 22, 2011 at 12:43:44 PM PDT

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