FUZZYWICKETS: i'm hoping this is heading for change. Obama is working on changing tax brackets right now, giving anyone earning $250,000 or less a tax break. It's attempting to tax the rich more, but it's yet to be seen if it will generate more small private business owners. It's regulation that is killing small business in America. Take lead testing for toys for instance. It's expensive to test for lead, you have to buy a certified machine and pay fairly hefty upkeep costs, there is training, and auditing... A small producer of toys can't afford it. They're now out of business. It doesn't just cover toys, but any childrens products...clothes, strollers, playpens. You can't even legally sell it secondhand, which is why goodwill and the salvation army don't accept childrens items anymore. The large manufacturers can now blanket certify their products under a special program. This is legislation that was brought forward by Mattel, Graco (Rubbermaid), Hasbro...
It's even worse in farming and food production. The barrier for entry for someone that wants to produce something in America is huge.
FUZZYWICKETS: the whole source of financial problems in america lately, as far as I can see, is the lop-sided salaries within companies. there's nowhere in the world that has a bigger gap between Joe Blow the employee and the CEO of the company. The money is there, it's just going into the wrong hands. If the top 1% in America would take even a 10% cut in pay, unemployment would virtually disappear. That's simply not true. Take a look at Gini indexes for just about everywhere else on the planet. The US is actually pretty mild in comparison. The problem in America today is that we're broke. Americans can't consume so much crap that they can't afford. Americans need to start actually making stuff again.
It's really easy. If you borrow $100 from the Chinese to stimulate your economy, and you do that by buying $100 worth of Chinese goods, you now have no money and a debt of $100 plus interest. That's essentially what America has been doing for about 30 years now. There needs to be a big big healthy crash. Capitalism works, Corporatism doesn't.
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