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Originally Posted by X5rolls
Who's fault is it? The businesses that sell them things? Is that what you are trying to say? Should they just be getting money from the gov't because they don't fit your definition of middle class or should they do with less or earn more?
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In general, wages should be higher. We should not be competing for jobs against countries that have slave labor or pay $1 per day to their employees. These "free trade" agreements need to exclude countries that do not have proper labor laws. That is the main reason for a declining standard of living in this country.
Another, but much smaller reason, is corporations paying their top executives higher and higher salaries instead of paying more to the people who actually do the labor. There should be laws stating that for a public corporation, no full time employee can earn more than 10 times any other full time employee. or make the number 12 times, or whatever. But in the current system, you have corporations that pay their CEO a few thousand times as much as their lower level employees, even when the corporation is losing money. Not only is that unfair to the employees, but the stockholders are getting hosed too.
03-03-2009, 06:04 PM
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