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Saying racism is over is the new saying you have 'a black friend'

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Filed: Timeline

Yes it is. That's the biggest joke of all. They even call them job creators. What a joke.

Small business creates all the jobs. Everybody knows that. If you don't pay your most talented employees enough, they go out and become your competition. So, in a way, I guess the fat cats are spurring job growth.

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Filed: Timeline

Yes, but they don't hold them accountable if they fail to create jobs. That's the gubmints fault. A joke indeed. But not all that funny.

Normally all that money in the private sector would be creating jobs, but this current government has yet to pick a direction, any direction. If they are going to do nothing, they should just say so, and watch the economy take off gang busters. Now that the Fed is no longer tanking the bond market, we may see some action. But I am sure somebody in Washington will say something stupid, and scare all the investors away again. Putting Obamcare off another year is not helping, because the market has already adjusted for it. Now we have to wait another year, or more to figure that one out, again. See, it is hard to hit a moving target, and when you have a business that is based in a bell weather industry, you have no idea, what even next week will bring.

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Filed: Timeline

Normally all that money in the private sector would be creating jobs,

Not all money in the private sector will be creating jobs. Spending that money is what creates jobs. The broader your spending base, the greater your job growth. It's not a coincidence that the increased income concentration goes hand in hand with lower job creation. Jobs are created only if there is rising demand for goods and services. The few can only create so much demand no matter how much money they have.

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Filed: AOS (apr) Country: Canada
Timeline

Yes, money concentrated in fewer hands may provide seed money for large endeavors but I don't believe it has the power that same money would spread out among people. I'm not advocating communism or even socialism. But we're moving so far away rationally distributed wealth, I don't see a big difference between now and the times of lords and peasants. This may not be easy for a guy living in the middle of no where with near worthless land (like the middle of the country) to miss but if you look at our valuable land and its owners, the same names keep coming up over and over.

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Filed: Citizen (apr) Country: Thailand
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Yes, money concentrated in fewer hands may provide seed money for large endeavors but I don't believe it has the power that same money would spread out among people. I'm not advocating communism or even socialism. But we're moving so far away rationally distributed wealth, I don't see a big difference between now and the times of lords and peasants. This may not be easy for a guy living in the middle of no where with near worthless land (like the middle of the country) to miss but if you look at our valuable land and its owners, the same names keep coming up over and over.

The whole thing is pretty amazing. You have these CEOs getting obscenely rich, at the same time you have record numbers of people on govt. assistance (food stamps, welfare etc.) Guess who pays for it all? The middle class. This country is starting to turn into some kind of banana republic.

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Filed: Timeline

Not all money in the private sector will be creating jobs. Spending that money is what creates jobs.

The money provided by investors gets spent as income ihen it is provided to businesses to expand, creating more demand, and creating more jobs. The majority of that money available to be invested is from persons already past the retirement age. Most of the remainder comes from pension funds, and tax-deferred private retirement accounts. I get two or three calls a week from companies wanting to loan me $40,000, $100,000 or more, based on some program created by Obama and the Democrats four years ago. Cash is not a problem. The uncertainty is the problem.

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Yes, money concentrated in fewer hands may provide seed money for large endeavors but I don't believe it has the power that same money would spread out among people. I'm not advocating communism or even socialism. But we're moving so far away rationally distributed wealth, I don't see a big difference between now and the times of lords and peasants. This may not be easy for a guy living in the middle of no where with near worthless land (like the middle of the country) to miss but if you look at our valuable land and its owners, the same names keep coming up over and over.

socialist.

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Filed: Timeline

The whole thing is pretty amazing. You have these CEOs getting obscenely rich, at the same time you have record numbers of people on govt. assistance (food stamps, welfare etc.) Guess who pays for it all? The middle class. This country is starting to turn into some kind of banana republic.

Starting? We're all but there.

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Filed: Timeline

The whole thing is pretty amazing. You have these CEOs getting obscenely rich, at the same time you have record numbers of people on govt. assistance (food stamps, welfare etc.) Guess who pays for it all? The middle class. This country is starting to turn into some kind of banana republic.

It won't stop until the government ####### dries up. People will adjust.

BTW, what do you consider the middle class? If your household income isn't above $100,000 a year, you are not even close to being middle class.

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Filed: Citizen (apr) Country: Thailand
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It won't stop until the government ####### dries up. People will adjust.

BTW, what do you consider the middle class? If your household income isn't above $100,000 a year, you are not even close to being middle class.

I guess it depends on where you live. 100k is still pretty decent in Texas. Probably not in NY or California.

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Filed: Timeline

The money provided by investors gets spent as income ihen it is provided to businesses to expand, creating more demand, and creating more jobs. The majority of that money available to be invested is from persons already past the retirement age. Most of the remainder comes from pension funds, and tax-deferred private retirement accounts. I get two or three calls a week from companies wanting to loan me $40,000, $100,000 or more, based on some program created by Obama and the Democrats four years ago. Cash is not a problem. The uncertainty is the problem.

Stagnant wages coupled with a smaller employment base is what kills demand. If wages had simply kept up with productivity gains over the last 30+ years, there would literally be trillions of extra dollars padding the demand side of the economy. You'd have your open borders. There's be a severe labor shortage without them.

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Filed: Citizen (apr) Country: Thailand
Timeline

It's funny. I get all these emails for jobs that are contract to perm, which really means they're contract and there is no perm. I finally responded tonight, that I'm not interested in any contract to perm positions. If they don't have a regular job for me, don't bother contacting me.

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