11-13-2015, 06:01 PM
(11-13-2015, 05:51 PM)JustWinBaby Wrote: That's all true, but it's also born out of ignorance. The reality is that in a largely free and open global economy, you react to stay competitive or your company slowly dies and then the paychecks aren't smaller they're just gone.
I think if you want to fix it you have to figure out a way for workers to participate in equity gains. But that's a bandaid and deceptive, because while stock price increases and the incomes of the 1% are staggering, that's only a fraction of the value transferring to developing economies.
It's interesting. When I read your posts, the message I get is we just have to suck it up and live with the fact that the buying power for lower to middle class workers is just going to continually decrease and there isn't much we can do about it and there is no one to blame.
