Skip to main content

View Diary: Traffickers in Misery Goods (43 comments)

Comment Preferences

  •  Now it's an evil chicken-or-egg problem: (6+ / 0-)

    working class wages in the U.S. have now been hammered so flat, and health care costs so high, that U.S. workers no longer have any choice. They are forced to buy those dirt-cheap misery goods at Mal-Wart™ just to keep their heads above water. Which in turn supports the very supply chain that has destroyed their own income.

    •  Yes, the vicious cycle. People no longer question (3+ / 0-)

      whether or not they'd be better off with higher wages & higher consumer goods prices, which is too bad, because in that scenario, among other things, frugality is much more efficient at creating savings.

      It's time to start letting sleeping dinosaurs lie, lest we join them in extinction by our consumption of them.

      by Leftcandid on Mon May 06, 2013 at 05:21:27 AM PDT

      [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site