Loading ...And that they should just put $100 bills in with the junk mail and circulars. Anybody remember? Its one step above Quantitative Easing but they didn’t give it a name yet. Quantitative Giving??
QG instead of QE? Bailing out GM and Banks or Airlines etc etc? All the big industries need people with money to spend, so bail out the poorer entry level people makes sense. They’re learning but very very slowly unfortunately. Even many employed for 40 years don’t make that much.
Back in 1937 they figured that out. They passed the Minimum Wage and maximum hours act of 1937. The later powers that be after 1971 simply weren’t as smart, or greedy, and actually wanted lower wages. They even started union busting.
They said thru their lap dog Media that high wages caused inflation, and they wanted lower inflation numbers, during the 1970s plus brought in cheaper imports to get stupid numbers lower. So if the bone heads want inflation? Why not raise all the non union tax payer job wages with a $35/hr Minimum wage. The Gov’t Should be the Union for their non union population. Unfortunately the Gov’t seems to represent foreign countries, and multinational corporations.
If the weak businesses have to close up, so be it. The owners (or stock holders) can shut down and get a decent jobs at $35/hr. It would be survival of the most fittest and most profitable businesses. The whole system is man a made artificial system anyway. This is not capitalism anymore that is failing. Its the Bankers “experiment” that evolved after 1913 that is failing. They weaned away Gold Silver Copper and Bronze for use as money between 1913 and 1971.
What’s with all these guys like Rick Ackerman? Looks like all they do look at numbers. Like Gov’t bean counters. There are very bad things that already HAPPENED to the USA, worse than all those big scary things they say about quadrillions.
The worst thing that could ever happen, happened. We imported more than we exported, and we allowed the back bone tax PAYERS to get HOSED. The country has a $22 trillion debt, the US Dollar and the Penny lost 95% of their value. Most tax absorber jobs are good jobs to get. But what happenes when 100% of the population gets from the Gov’t? Whos going to pay the taxes? People from another planet. They abused their bread and butter.