[Vision2020] You're Doing One Heckufa Job on the Economy, Bushie!

[Dick Sherwin]

Nick,

I actually do agree with you to some degree on this post.  I have seen, as
we all have, examples of corporate profits going through the roof while
laborers take home has stayed about the same.  I am sure we would disagree
on the reasons behind most of this but, as far as how the profits of
business are divided, I think we are in general agreement.

Dick S
----- Original Message ----- 
From: <nickgier at adelphia.net>
To: <vision2020 at moscow.com>
Sent: Friday, September 22, 2006 6:27 PM
Subject: Re: [Vision2020] You're Doing One Heckufa Job on the Economy,
Bushie!


> Greetings:
>
> I was hoping to get some substantial feedback from my column on the U. S.
economy, but my two critics fail basic reading comprehension.
>
> Nowhere in this article or anything that I've ever written, have I said
that businesses should not make a profit.  My point was that when most the
productivity of a business goes to profits and less to the workers who
produces the goods, then there is something terrible wrong with our economy.
In the old days workers would have been rebelling, but now most of them have
been seduced into thinking that it's OK for their bosses to steal all the
fruits of their labor.
>
> The truth is in this statistic: Since 1979, adjusted for inflation, the
poor have received no raises, the middle class has gone up $200 a year, and
the rich have increased their income by 111.3 percent.  Even Adam Smith
would have been scandalized by this, and would have probably given up his
idea of the "invisible hand" that gave us "trickle down" economics.
>
> Nick Gier
>
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