Yes, they are fleecing the nation. In 1950, the CEO to average worker yearly income was 20:1, today it's 300+: 1. We have American royalty. People can very easily lose a sense of patriotic duty when a luxurious, secluded, retreat is just a snap of the fingers away.
Some of this began in WWI when Ivy League graduates stayed away from the horrors of that war. One can not gallop away from nerve gas, tanks, planes, and machine guns. In the meantime, people are working 3 jobs, not having kids, driving a rust bucket of a car, just to make their Obamacare payments.Read more
China's ruling party seem to want capitalism without boom and bust, which is impossible. In fact you have to wonder about their GDP figures for the last 30 years, since the growth numbers always hit the state plan.
I'm reminded of a geography class about 25 years ago, where my friend, now a highly successful economics consultant got into regular arguments with the teacher.Read more
Based on the June-2015 Trade Deficit Numbers America will lose well over 25 million Blue collar Jobs this year.
The trade figures just came in for June. The trade deficit shot to $43.8 billion. Take out the $20 billion surplus in services, it was a $64 billion deficit in goods, pointing to a 2015 trade deficit of $750 billion in things Americans make with their hands, tools, machines.
Let me turn that into the NUMBER OF AMERICAN JOBS LOST TO China, Japan, India and Mexico...Read more
Both parties sold out the country again for the benefit of the top one-percent.
Pelosi put on a good show like she wanted to stop TPA and TPP but in the end it was just an act. The president said repeatedly that he wouldn't sign TPA without TAA.
Ultimately Pelosi and other House Democrats voted for TAA once Republican leadership altered how the package would be voted on after failing a few weeks ago.Read more