It is time to prime the pump of the economy with cash just like you would prime a water pump to get water from a well. The cash needed to prime the pump for the capitalist economy will have to come by way of higher wages for the poor working, such as a minimum wage of $15 to $18 an hour. The wealthy do not spend money like the poor, and anyone not in the multi-millionaires club are considered the poor. The poor are the spenders and drivers of an economy because there are more of us than of the wealthy. The poor’s spending does two things: increase tax revenue and provide jobs to produce the items spenders purchase that ultimately make the profits the wealthy hoard and stash in overseas banks. When people are paid more they buy more, more taxes accrue and there is a huge savings by people not using government assistance. This will then provide cash for our governments to start rebuilding our crumbling infrastructure, such as the pot-hole filled roads, rusting bridges, polluted water, ...
This blog is a quick read about concerns, whether local or international, facing union and non-union workers.