Tuesday, November 27, 2018

It's all legal

Comment at Smirking Chimp (it's a quick and worthy read):
The true conflict is not between the U.S. and Russia/China/N.Korea/Syria/Mexico or Saudi Arabia & Yemen or any other nation-vs-nation aggression. The real fight is between the power elite and everyday working people on the planet. Any 'special' interest (such as Jeff Bezos, Koch bothers, Sheldon Adelson, Robert Mercer, big pharma, oil industry, military industrial complex, health insurance industry) that lobbies Congress for policies/laws/rules that increases their profits at the expense of the well being (health/education/standard of living) of their workers and consumers is participating in a long campaign against public interests. 
As every maker knows, the quality of any end product is largely determined by the quality of the starting material. This also hold true for economies; the quality and productivity of an economy is largely determined by education and health of its starting material of workers and consumers. Neo-liberal economics are marketed on the contrary principle that strong foundations are not necessary for strong economies. The Trump tax cut directly depletes economic foundations by removing money from a slowly growing economy - and he tells taxpayers it will grow faster. Unless neo-liberals have cracked the secret of creating something from nothing (aka, Big Bang), our current economic trajectory offers no hope of better conditions to workers.

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