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bpuharic bpuharic is offline
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First recorded activity by BoatBanter: Dec 2009
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Default the rich get richer and the middle class poorer

On Tue, 28 Sep 2010 01:20:33 GMT, "Colonel Kurtz"
wrote:


On 27-Sep-2010, bpuharic wrote:

- automation, imported cheaper materials and robotics
accellerate productivity. Output of labor has declined due to automation,
but the yield is of higher quality.


you can have EITHER a capital intensive economy OR a labor intensive
economy. you can not have both. we had full employment a few years
back remember? and we STILL had NO wage increases. we had 28%
increase in producdtivity in the last 10 years and STILL no wage
increases while the wealthly went up.

why only in the US?


For much of this period Canada took it in the ass like companies did in your
country. It has improved faster in Canada, but will not return to 2000 to
2004 levels.


well, no. canada suffered less because it's more left wing than the US
and regulated its banks. the US got killed because more americans are
conservatives and belief your kinds of horse****

Full employment of minimum wage clerks (crap wages, not the artificial and
destructive statute minimum wage) is fine for the equivalent lifestyle


yeah in the US this means giving the rich even MORE of our money

.. The
previous subject was the middle class. Wages stagnated and decreased due to
a tremendous decrease in demand for everything from design and engineering
to factory labor.


because the rich stripped mined the middle class. you want the rich to
keep doing it with all your fables

I had a machine department manager that offered to take
the job at the same rate I paid my secretary 18 years prior. Why? The
market sets the price of wages. Always.


rather strange, then, that the germans dont have the big difference
between middle class and elite income, isnt it?

you keep ignoring this. you just refuse to address it, with your right
wing bull****


If you aren't needed, why would you
be paid more, or be employed at all? What I'm explaining is visible to the
naked eye


you're the helen keller of economics.