Paul Markham

In some way they have to. Except it needs to be reworded.

Relentless has some great points, except as an employer I can't run my business on people working 4 days a week. And very few can. MacDonalds can and for those type of jobs it's great. Minte can't and fr him its disaster.

The West has to accept that countries who were once very poor are now rich. There has been little new wealth created, it's meant that wealth that was the exclusive preserve of the West now isn't. It's in the Middle East, Asia. Far East and S. America. It's left the US and Europe. So expecting to enjoy the same standard of living as we had before is delusional.

So we have to forget the dream of the good old days returning and get on with the future without building horrendous debts.

The West still produces a nice chunk of cash that needs to be shared better. Not by letting people sit at home, by creating jobs for them that make the society they live in a better place.

And if you don't. 12 million is 12 million less potential customers. The one thing the Capitalist and Consumer system needs is consumers. Cut them out of being consumers and you have less buyers.

Will cutting taxes, cut jobs? YES.
Will more unemployed lead to more spending? NO.

All it will do is mean, a few can buy a better model car, better pair of jeans, better mobile phone. Romney is lying to you when he says it will create more spending. Well it will for him and the 1%. For the rest it won't.

Yes you're going to have to pay more tax, you're going to have to invest in your retirement and yes you're going to need customers to buy memberships. And if anyone thinks they can do that by putting people out of work or getting them behind the counter in Wal Mart, so they can shop at Neiman Marcus. They shouldn't be posting in this thread.

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