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« Who is John Galt? Not Paul Ryan, that's for sure | Main | President Newt and the Vast Right Wing Conspiracy »


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Stewart Dean

The problem with grinding the life out of the middle class is that you're destroying the market for your goods. YOu maybe be able to bring your widgets to market at lower cost and higher profit, but they'll be no one to buy them. Back when, Henry Ford paid his workers what most capitalists saw as a dangerously high wage (not just to profitability, but to what they'd come to expect as a wage floor), but Ford said, I want my workers to be able to buy what they're making.
And the other problem with grinding the life out of the middle class is that you're destroying the creativity base out of which new ideas and produtcts come from. The poor are just struggling through to the next paycheck, the rich are just playing with toys. The creativity of the middle class was the great gift of the GI Bill.
Here in the Hudson Valley there are grandfathers who were trained by and worked on the first computers at IBM, made magic and retired very well. There are fathers who worked on computers, made magic but saw the benefits whittled down and down and retired a lot less well. Their kids are bagging groceries and IBM is gone from Kingston and Fishkill and Poughkeepsie is a pale shadow. When IBM released a new model in the old days, you could see a bump in the GDP of America. Those days are gone...but the executives has feathered their nests well while gutting the company, the workers and our communities.

Bill Wolfe

"The country is in the hands of stupid, selfish, greedy, and spiteful people." Since we have a representative democracy, this doesn't make me feel very good about my fellow voters.

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