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Originally Posted by onwebcam
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Great video that doesn't go far enough.
Every citizen has a bill to pay to pay to run the country he/she lives in. This is how it works in the US.
https://www.fool.com/taxes/2017/03/1...-in-taxes.aspx
So if your job doesn't make enough in wages, turnover, and profits to raise that amount of tax. You are contributing, someone else is picking up part of your bill.
If you're unemployed, on minimum wage, low wage, child, housewife, you don't contribute. So just having a job doesn't make you a contributor. Should you put someone else out of work by taking a lower salary you're a double hit on the economy. Because the unemployed don't disappear, they need welfare payments to survive.
Ship a job out of the US the men that worked there are now unemployed, give a to a robot the men who worked there are not unemployed.
Do it slowly enough and a lot of people will think this is the norm. Which allows the bosses to make even more money. People like Bladewire, Crockett, Rochard, Thommy, etc. Are you making more this year than last and none will make more next year? Will your customer base be slowly destroyed?
At the moment the missing $trillions are in the debt mountain.
This is out of date, it's about to top $20 trillion. Those cheap shirts, iPhones, plastics, etc, aren't so cheap anymore.
The UK and many EU countries are in the same boat. For the same reasons.