Why Aren't We Having a Middle Class Revolt?

[4-2-7]

The middle class in the US which started it by the way.

Is not getting crushed by employers and what the other guy earns.

But by monetary policies, interest rates, salaries not keeping up with inflation.

Over regulation of goods and service pushes the production cost higher.

When you lose the purchasing power of your currency is that the employer's fault.

When you put your earn currency into the banking system, and it loses value it really doesn't matter what the employer pays.

It's a snowball - earn more currency- You and the employer get taxed more- The banks steel more- goods and services cost more.

PS: not saying all companies/corporations are fair.

[MrPots]

Originally Posted by 4-2-7

The middle class in the US which started it by the way.

Is not getting crushed by employers and what the other guy earns.

But by monetary policies, interest rates, salaries not keeping up with inflation.

Over regulation of goods and service pushes the production cost higher.

When you lose the purchasing power of your currency is that the employer's fault.

When you put your earn currency into the banking system, and it loses value it really doesn't matter what the employer pays.

It's a snowball - earn more currency- You and the employer get taxed more- The banks steel more- goods and services cost more.

PS: not saying all companies/corporations are fair.

Yet corporations are making record profits.....

[finnbow]

Originally Posted by MrPots

Yet corporations are making record profits.....

And it appears to be a clear correlation between low wages and high corporate profits. Corporate CEO's are far more concerned about shareholder wealth than employee earnings (for better or worse).



In a report released earlier this month, Goldman Sachs chief U.S. chief economist Jan Hatzius noted that the strength in corporate profits is “directly related to the weakness in hourly wages.”

http://www.washingtonpost.com/blogs/...y-wont-listen/

[JCricket]

Originally Posted by 4-2-7

The middle class in the US which started it by the way.

Is not getting crushed by employers and what the other guy earns.

But by monetary policies, interest rates, salaries not keeping up with inflation.

Over regulation of goods and service pushes the production cost higher.

When you lose the purchasing power of your currency is that the employer's fault.

When you put your earn currency into the banking system, and it loses value it really doesn't matter what the employer pays.

It's a snowball - earn more currency- You and the employer get taxed more- The banks steel more- goods and services cost more.

PS: not saying all companies/corporations are fair.

Do you really believe what you just posted? I think you need to run a few basic numbers based on YOUR example given.
Use the tables the IRS putts out for tax rates..........

Unless of course you think the left has figured out a way to manipulate the laws of mathematics and thus make them lie as well. Then I guess you might be right, maybe.