crockett

He's saying we are a consumer based economy, not a manufacturing based economy. Wall St doesn't go crazy anymore because Boeing signs a contract.. Wall st goes crazy when wallymart says they sold a lot of big screen TVs. It's been this way for a long time..

The problem is, large corporations have abused our tax system for years and the tax burden falls on the shoulders of the middle class meanwhile we have companies on the Fortune 500 that make billions yet pay zero taxes. Yet the workers wages have stayed stagnate for two decades.

The last job I worked in FL was for GM dealership back when I was 22 as a shop hand in their body shop. I was making 10/hr even back then I could barley live on that wage. I had bought a house at 21 and needed the extra money because my business new and not going great. It was actually easier for me to start a second business doing commercial cleaning than find a job that paid more than $10/hr.

Today I'm 41 and 20 years later, when I look at the CL jobs section for skilled labor you can't find a job that is offering over $10/hr. 20 fucking years later the wages in FL are still what they were when I was 21. That is fucking insane. Meanwhile businesses are making more, but they don't transfer that profit into more benefits or better pay for their employes.

The wages are left stagnate, the middle class is dying and the rich just toss their profits offshore or into investments.. That is what has killed the economy. Honestly this is one of the biggest reasons I've been self employed almost my entire life, because I could never actually afford to work for someone else.