Thursday, October 23, 2014
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Why is it that we have to pay Ben Bernanke millions of dollars to bring in a truckload of Ph.D.s just to tell us that we’re hurtin’? And even then they won’t give us a definitive answer—”Ah, Well, it’s beginning to look like we just might be edging, or, tiptoeing, as it were, towards the outer fringes of an exceedingly mild recession—a teeny-weeny one I assure you—but we can’t be absolutely certain of that at this time.” Who do they think their lying to? Certainly not the American public-people on the street are throwing rocks at the police so they can go to jail in time for lunch, and they don’t think we know there’s a recession? The reason for dichotomy between message and reality is the experts aren’t talking to us, they’re talking to the investor class. What we’re dealing with here are two economies. We have one economy for the investor class, and another that applies to labor (labor, meaning anyone who depends on a job for a living, regardless to whether they’re in labor, or management). Thus, in order for the investor to make money, it has to be taken from the pocket of labor.

When the United States had a thriving industrial economy, one class complimented the other. Labor was well paid, so they were able to purchased goods. That allowed the companies that sold the goods to prosper and benefit the investor. But now in a global market, in order to both remain competitive with countries that pay their workers just above slave wages, and also sustain their greed, the investor class has to squeeze every penny, and concession, out of the labor class to achieve their profit margin. So in essence, whenever Bush announces that the economy is thriving, he’s not talking to you—he’s actually telling the investor class that he’s successfully squeezing the American workers to the limit. You see, since they have a global market now, they no longer have to worry about the American worker making enough money to purchase their goods—they can sell them overseas. So now the American worker is no longer a partner, he’s simply a field hand.

Therefore, Bush’s fiscal policy is not so much a policy as it is a scam-and he knows it. It’s designed to enrich the investor, and cut the poor and middle classes throat. Last year I used the analogy that Bush’s fiscal policy amounts to trying to sell Gucci bags in a homeless shelter. What sense does it make to give Gucci a tax break to make handbags that the people in the homeless shelter can’t afford to buy? Even Gucci knows that it doesn’t make sense, so why should he use that money to hire more people to make handbags that he can’t sell? So when Gucci is given a tax break, he’s not going to take that money to retool-he’s going to either buy himself Ferarri or pocket that money as profit. The only way to get Gucci to hire more people to make more handbags is to give the tax breaks to the people in the homeless shelter. That way, they’ll have money to spend on his bags, and that will give Gucci an incentive to hire people to make more.

That dichotomy in our economics also explains why our politicians can’t seem to get an handle on illegal immigration. If they really wanted to solve the illegal immigrant problem, they wouldn’t have to build fences—they’re just using that as smoke and mirrors. If they really wanted to stop illegal immigration they’d simply pass laws that would make it unattractive for illegals to come here, or stay—they’d passed laws with fines of twenty thousand dollars per offense on anyone who hired or housed illegals, then made being caught in the U.S. illegally punishable by a year in jail. If they did that illegal immigrants would disappear within a six months. They would also make it impossible for illegals to enroll their kids in school, and provide nothing more than emergency medical services. In addition, they would pass a law saying that if the parent is illegal, any baby born in the U.S. is also illegal. Laws such as those would take away any incentive for anyone to cross the border illegally.

That may sound strange coming from me, anyone who reads this column regularly know that I’ve agonized over this issue for sometime, and I’ve flip-flopped on it at least once. But I’ve come to the conclusion that the consequences of having millions of people flooding across our borders will have a devastating impact on our children and grand children. As I pointed out, illegal immigration is being used to undermine the middle class in this country. We’re being told that illegal immigrants are only doing the jobs that American workers don’t want, but that’s not true. Illegals are being employed as electrical workers, in construction, as truck drivers, upholsters, mechanics, etc. These were, formerly, high paying jobs. Further, they’re numbers are placing undue strain on our educational and healthcare systems, driving up the cost of housing, and having a negative impact on our entire social infrastructure.

The corporate end game is to undermine our educational system, destroy our power to collectively bargain, and downgrade the middle class in order to effectively create a permanent, and helpless, labor class. But our anger should be directed at big business, and the politicians who are allowing this to happen, not illegal immigrants. we need a worker’s Bill of Rights to protect American workers—not only from imported workers, but from exported jobs. We should make it clear to corporate America that any goods sold in the U.S. must be made in the U.S., and if you want to send your jobs overseas, then, sell your goods there as well.

Eric L. Wattree
wattree.blogspot.com

Eric L. Wattree, Sr. n can be reached at This email address is being protected from spambots. You need JavaScript enabled to view it. .

Category: Beneath The Spin


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