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View Diary: Open thread for night owls: Why Washington isn't doing squat about jobs and wages (112 comments)

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  •  The Depression Economy Was American. (10+ / 0-)

    Ours is global. The American economy increasingly doesn't need Americans either for labor or consumption. Both parties have spent a third of a century liberating our economy from our nation and people.

    We are called to speak for the weak, for the voiceless, for victims of our nation and for those it calls enemy.... --ML King "Beyond Vietnam"

    by Gooserock on Sun Jun 05, 2011 at 08:59:16 PM PDT

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    •  You're wrong there. (5+ / 0-)

      The American economy needs consumers.  The transfer of wealth to the (already) rich that began in the 80's killed the "pay as you go" consumer . . . replacing him/her with the "credit" consumer (which brought us the boom of the '90's and early 2000's).  And then the credit ran out.

      Until the American worker has a job that pays enough to settle his debts and leave a surplus to buy things there will not be a "recovery".  The folks at the top will continue their game of shoving chips back and forth across the table pretending that they are "winning" . . . but there's going to come a day when even they are going to have to reckon what those chips are really worth.  When that happens there's going to be hell to pay . . .

      Fake Left, Drive Right . . . not my idea of a Democrat . . .

      by Deward Hastings on Sun Jun 05, 2011 at 09:21:25 PM PDT

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      •  Does the elite need consumers? (4+ / 0-)
        Recommended by:
        OLinda, nonnie9999, Badabing, bablhous

        "Consumerism" as we've had it was in response to the peasants uprising. Bread and circus, plus tech and gadgets.

        An unjust elite has two ways to keep the peasants from having any say in things: mollify them or terrify them.

        So with their new police tactics and new weapons -- sound, heat, flashes, stink, electric shock -- and all these not on a drawing board but being used in the US and Europe.

        Add in near-total official surveillance, and you know Apple or Goggle or AT&T will hand over whatever tracking info your phone reveals if asked, routine infiltration of dissident groups ...

        The odds tell me there's at least a powerful faction of the Elite which would see a feudal society as easier and cheaper to manage than to try to revive a dying consumer society.

        (This apart from the reality that a consumer society cannot be maintained by Earth, which opens up a whole other discussion.)

        Until we break the corporate virtual monopoly on what we hear and see, we keep losing, don't matter what we do.

        by Jim P on Sun Jun 05, 2011 at 10:08:11 PM PDT

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    •  posted similar way below. nt (2+ / 0-)
      Recommended by:
      nonnie9999, Eric Nelson

      America is so not like her hype.

      by OLinda on Sun Jun 05, 2011 at 10:12:56 PM PDT

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