tag:blogger.com,1999:blog-7895164153505105997.post2382923372702714773..comments2024-01-17T00:45:37.075-08:00Comments on Bud Meyers: Losing Dignity: The Fall from Grace, Once Middle-ClassBud Meyershttp://www.blogger.com/profile/02065020063363023395noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7895164153505105997.post-16491956143199575942014-03-12T11:49:55.767-07:002014-03-12T11:49:55.767-07:00From the Economic Populist: According to a new stu...From the Economic Populist: According to a new study released from the Economic Policy Institute, if currency manipulation was stopped, the U.S. trade deficit would shrink by up to $500 billion in three years, annual GDP would increase up to $720 billion, the federal budget deficit would be reduced by $100 billion each year and create up to 5.8 million jobs in three years -- with 40% of the new jobs being in manufacturing. By manufacturing in China with a highly manipulated exchange rate, U.S. multinationals make out like bandits. Corporate lobbyists run the nation, so don't expect currency manipulation to actually be confronted by the Obama administration or legislation passed by Congress. It is truly outrageous since America is literally sliding down the economic slope and by allowing such manipulations to continue has destroyed the American middle class.<br /><br />http://www.economicpopulist.org/content/how-create-58-million-jobs-pronto-stop-currency-manipulation-5544Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-20718277274476181242014-03-12T11:33:36.193-07:002014-03-12T11:33:36.193-07:00If the people don't go out on the streets and ...If the people don't go out on the streets and protest, they will end up living on them instead.Bud Meyershttps://www.blogger.com/profile/02065020063363023395noreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-76155055842697647582014-03-12T10:46:16.199-07:002014-03-12T10:46:16.199-07:00We're a great country and it seems with all th...We're a great country and it seems with all the innovations over the last 150 years we would be all set to live comfortably on planet earth. Medical breakthroughs have eliminated most diseases, and there is a lot to be thankful for that had we lived 200 years ago it wouldn't be so good. The problem now is we have people that aren't satisfied with making a few million… they have to make billions and billions. And people that make 500k/year love to say that you are punishing a person for working hard if you want to take a little bit more of it in tax. This is bull crap. These people that you think are working so hard are actually working hard at manipulating the government to help out the very people they employ and pay a low wage because they know the taxpayers will foot the bill to subsidize their food, rent, utilities, school lunches and whatever else the government spends on the "working poor". Think back to the 30's and 40's when there wasn't any government help for the working poor. They took it upon themselves to shut down companies and industries and in turn be compensated. Henry Ford made millions, but his workers lived a decent life raising a family, sending their children to college, taking vacations and the like. Today we've sent those manufacturing jobs overseas, sometimes even to countries that we were once at war with (Vietnam). Then we tell the American workers that the pay has to be low because they can make it in China or Vietnam for cents on the dollar. They want to pay Americans that have served their country in wars and conflict to make us safe and this is how they are paid back. The businesses in our country don't pay a living wage and we are now in the throes of a decaying country. Roads, bridges, schools, sewers, water lines and the list goes on and on. We've elected 535 people in Congress that are so screwed up that they couldn't find their a-s-s if they had both hands on it. They are beholden to the "Golden Calf" whom we know as lobbyists. All 15,000+ of them. Our country is decaying before our own eyes and we're doing nothing about it. Why do you think these ultra-wealthy people live in gated communities? It’s because they're scared of what they've done.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7895164153505105997.post-55526318732558784242014-03-12T08:46:26.089-07:002014-03-12T08:46:26.089-07:00Hardest job I ever worked was pumping gas at minim...Hardest job I ever worked was pumping gas at minimum wage during a Midwest winter.Anonymousnoreply@blogger.com