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Showing posts with the label Mississippi

Puerto Rico's Opportunity

Some times when bad things happen it is for the best in the long run. Once when working with my tools as a union sheet metal worker, my tools were stolen. My co-worker told me it was the best thing for me because my tools were so old and outdated, basically crap. Fortunately for me, my insurance covered the cost for new tools. Two back-to-back hurricanes, Irma and Maria, decimated Puerto Rico, a U.S. territory, could be a good thing in the long run. Puerto Rico’s infrastructure was crap before the hurricanes, but the wreckage gives it an opportunity to rebuild it in a stronger, more efficient way. The government owns the utilities, such as roads, electrical grid, schools, and water and sewer systems, and allowed the infrastructure to become so fragile by underfunding since 2006. The government cut spending by 12 percent, laid off one quarter of the government work force, jacked-up sales taxes ad reduced pensions. With these layoffs, there’s no one to run the sewage system, and none o...

The Tide is Turning

Inequality means you get screwed. Large gaps in educational achievement and racial divides all make the reduction in inequality difficult. The poorest states in the USA are Montana, Arkansas, Mississippi and West Virginia and most of these are Red states or considered Republican non-union, but right-to-work states. The Republicans will tell you wage slaves that inequality is desirable. Inequality gives wage slaves the incentive to work harder and invest. But at some point, which is where we are now, the inequality of income and wealth becomes so wide as to harm society. When most all the economic gains go to the top; the wage slaves and everyone aspires to join the top percentage, but they no longer have the purchasing power to keep the economy going. Moreover with the small number at the top 1 percent making most of the investment decisions the economy will go up and down. Also, with the 1 percent gains more wealth they also gain more political power in a disproportionate amount, whic...