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EricC

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    EricC reacted to ^_^ in We're in a Recession Because the Rich Are Raking in an Absurd Portion of the Wealth   
    Aren't most of us stockholders? This isn't the 1950s.
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    EricC reacted to IndigoSkies in We're in a Recession Because the Rich Are Raking in an Absurd Portion of the Wealth   
    While buying American will or might produce immediate benefits, buying Chinese ensures the Chinese have money to buy our craps (i.e. Ford) too. The whole trickling down of things takes longer with international export/import. But you're suggesting protectionism. Trust me if American only buy American. The rest of the world will stop bying American too. That would royally fk up the economy. We need a healthy mixture of buying American and buying foreign. The end sum is that we need more consumption to sustain our ways of life both here in America and elsewhere.
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    EricC reacted to ^_^ in We're in a Recession Because the Rich Are Raking in an Absurd Portion of the Wealth   
    Of course, you say this based on your extensive knowledge of what executives do?
    I have news for you. If you can find me a job at a company that exists today in the exact form it existed 40 years ago, I'll show you a company that is dead or should be.
  4. Like
    EricC reacted to ^_^ in We're in a Recession Because the Rich Are Raking in an Absurd Portion of the Wealth   
    Incomes shouldn't go up "just because". You should earn more if you add more value. If you do the same job year after year, the exact same way, doing the same thing and never learning doing anything new (a new technique, a new strategy, a new methodology, etc), then your income should stagnate because you are stagnating too.
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