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Showing posts with the label English

U.S. is a Consumer Economy

If the USA is a consumer economy, then there must be good wages paid to the consumers to drive the economy. The business community thinks they have the right to pay anything they wants in wages, but what they don’t want to consider is that their businesses is not totally theirs if in order to conduct their business they use the commons (e.g. roads), which is paid for by all the U.S. people who actually pay their taxes or at least subsidized by the people like the railroads and post office, law enforcement, schools, bank regulators, Environmental Protection Agency and Food and Drug Administration, to name a few. Without most of these things there would be no way to have or conduct a business. The taxes to support our schools that train the workers in math and English the companies then hire. Without good wages as the base pay it must be very solid or the consumer economy will crumble and with it the whole system. The more we make the more we spend and the more we must produce, which is...