Quote:
Originally Posted by ruff
This is true. There will always be people left behind. In the US, with changes in the economy engine and no educational preparation, the worker always loses. Republicans do not like unions, we get that. Republicans think people should take care of themselves and the less government the better. tRump's base thinks the government should make the corporations give them jobs. They delude themselves because tRump blows smoke up their asses and they cling to any shred of hope. But those jobs are not coming and education has failed to prep them or their children for the future. Gradually they will find out that tRump cannot fulfill his promises to the lower and middle class. But the rich will get richer and you can count on that. Everybody loved Walmart until they got to know Walmart. Nobody cared about the destruction of small businesses as long as they could buy cheap. Many small towns now with just a Walmart all other small business out because they couldn't compete. Now the workers complain of part time minimum wages, thank you Walmart. The Internet brings Amazon, now Walmart is fucked. Is anyone starting to see a pattern here? If you are smart you will look forward and figure out how to cover your future ass because government is not going to do it for you. Capitalism only works when tempered with Socialism. Socialism is successful with a touch of Capitalism. You are getting no free lunch with the new administration. So continue to believe whatever makes you feel good and learn to accept your lot in this new world order.
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the point is really education.
to understand economy and markets is a very complicated thing.
i always thought before that americans have more clue about economics as the rest of the world especially because they had to go for their old-age-provision a risky private way.
but what i see, hear and read makes me think opposite meanwhile.
I give you an example:
In USA it was allowed to sell you a live insureance with a promis that you will get 500.000 out after you paid 100.000 in
that was in fact true, but 500.000 BEFORE reducing provisions of up to 60% !!!!!
they where even able to debit this provisions to your insurance account year by year and take them off at the end PLUS INTEREST for all this time.
that was one of the things obama has regulated because it is fooling.
now trump canceled it and so called "financial services" are free to fool the people again.
but HOW can people ever understand that when their only knowledge is founded on how to clean a smith&wesson ?