odd. I was pretty happy with the stock market going up.Of course, I have been investing for my retirement since the day I started working.I suppose if I had spent the last 25 years hoping the government would take care of me, I’d think the stock market was just for rich people.
Freedom to succeed in life, whether that success is material wealth or something else, also means the freedom to fail. Those who have succeeded financially in the USA have been able to do so, because they were skilled at producing goods & services. Or they were skilled at managing and acquiring companies that provided goods & services that people were willing to pay for. That is what capitalism is all about, creating the right conditions for people to succeed.
In order for the vast income you speak of to be distributed more or less equitably, would involve taking away that freedom, and replacing it with government agencies to take from the rich and give to those that are poor. But even if that were to succeed, and history shows it is not, we are faced with the fact that a large proportion of the poor in America got that way because of lifestyles that wasted what little money they had. You may give a poor man $100,000, but chances are, in a few short years he will squander the money. Redistribution of income has never worked, and it WILL never work, look at any Socialist or Communist country.
FDR’s programs failed to get us out of the Great Depression. he simply provided make-work jobs for the unemployed. It was gearing up for World War 2 that finally got us out of the Depression.
Don’t worry, Pretty soon it will start “trickling down” some more like it has the last 30 years. A lot of younger workers think they have good jobs earning what I earned 30 years ago. When I was a tad, a person with a minimum wage job could support his family. Today, it takes two wage earners to pay the rent and put food on the table.
If you can get one person to do the work of ten then you can have a happy bottom line. Who cares if he/she ever goes home or has any life…or drops dead. That just means you don’t have to give them a retirement gift.
Supply side economics doesn’t work…We’ve been trying that since 1980…We’ve been paying less in income taxes than any generation of Americans, ever. If lower taxes worked, we would all have well paying useful jobs by now……But it actually seems to have tanked the economy…..
I’ve said this many times but it always bears repeating. Republican/TeaParty philosophy: Rich people don’t have enough money and need massive tax cuts. Poor and middle class people have too much money and need tax increases so they can pay their “fair share”. Come the revolution, I know which side I’ll be on.
If I ever need proof of the degree to which anti-capitalist propoganda has permeated once-capitalist America, I can just point to today’s comic and comments. Worse yet is how many Americans have no idea just how anti-American and destructive their beliefs are.
Yes, there are MANY good public works projects that were done, and still need to be done. My point was, they made no real impact on unemployment. Government cannot spend our way out of a depression or a recession. Obama found that out.
I got hired by a company that was just bought out. The buying company sent their Veep to take over the senior management of our office.
Three months later, the company was bought out again. (There’s always a bigger fish) and the Veep was terminated after only being on the job about 6 weeks.
He lamented that his severance package was only $15M. I really felt bad for the guy. That’s a paultry $2.5M a week.
boy, this guy Wiley makes comics and people have all kinds of “intrepretations.”
lol. suckers are the ones who work. Rich people don’t, they have others do the “work” for them. as Margaret Thatcher said, "there is no such thing as “Society.”
Interesting byte of news today: US Border patrol officers’ uniforms are now being made in Mexico. So, the federal government is outsourcing jobs. Does that sound good for the economy?
stephensalaun: You are regurgitating something you read. I was there. The economy had improved to the degree that non-governmental unemployment had been cut in half by 1936 (and the government got overconfident and cut the “make-work” programs and started backsliding, so put them back in). WW-II didn’t start until late 1939 and the US didn’t notice until extremely late 1941. Post hoc ergo propter hoc doesn’t prove anything – pre hoc erg propter hoc is nonsense – but possibly appropriate for Non Sequitur.
Too bad the government has made it too expensive to use people as an element of production. Even the most expensive robotics are now cost effective, because they have no ObamaCare tax.
Wiley, thanks for the knowledge, guess I gotta read more………………………………………………………………….………………………………………………..pschearer, I’m an American, and by definition, the thoughts I think, and the things I believe are that of an American. That makes them American, just in case you’ve missed the essence of the American character…….
Apparently it’s ok with everybody — they’re disbanding the unions faster than you can read this and that was the only thing that ever made any difference in stopping this behavior. Uncle Ronnie’s dismemberment of PATCO started the downward spiral and this generation will just have to learn all over again what makes the greedy bosses change their ways.
Every job I ever worked……more work for less pay…if you admit to knowing a better way to do anything they move you to management then fire you because you are making too much money!
if you allow the minimum wage worker to participate in the stock market directly, if you allow them to vote as shareholders…. Perhaps then I would believe in capitalism more. As it is, there’s still a high cost of entry (hedge funds anyone?) for something like the stock market. (include proper education in it and you’ll really see what I mean) A truly fair system would allow the minimum wage worker the same possibilities as the stock broker who graduated from Harvard. Newsflash: they don’t have the same opportunities. Please stop pretending they do. It makes you look disconnected.
Whenever someone talks bad about “trickle down” or “capitalism,” translate that into “economic freedom.” That means that YOUR property is YOUR own to do with as YOU please. Virtually everyone believes in property rights for themselves, but not necessarily for other people who have more than they do. Economic freedom has made this the most prosperous nation in the history of the planet, with not even a close second. And Leftists think they can come up with something better. On another note, the stock market going well is good news for MOST of us. The majority of Americans have a stake in the stock market going well. And if a company makes bad decisions like laying off its productive workers, the free market system will punish it.
Let not him who is houseless pull down the house of another, but let him work diligently and build one for himself, thus by example assuring that his own shall be safe from violence when built. —Abraham Lincoln
Linguist over 11 years ago
Wicked, but very close to the truth, Wiley !
ellisaana Premium Member over 11 years ago
Reduce staff, raise production…on paper.
Stock prices go up as the company goes in the toilet.
Stockholders cash out…layoff any remaining workersand start a new company.
The Old Wolf over 11 years ago
Let me hear one more word out of you, Bob Cratchit, and you’ll celebrate by losing your situation!
wrwallaceii over 11 years ago
My desk used to look like that…
jayoung1 Premium Member over 11 years ago
Political nonsense.
strickmaedel over 11 years ago
Wasn’t that an episode of “American Greed”?
vwdualnomand over 11 years ago
greed is good to those people.
443123 over 11 years ago
Robber Barons are back
emptc12 over 11 years ago
Wherever you work, there’s differing situations on each side of The Wall.
pschearer Premium Member over 11 years ago
Miserable swine capitalst pig getting rich off the backs of the exploited workers!!
Oh, wait. Communism failed. Now if we can just get all the lefties to forget all the Marxism they learned in school. Or from the comics.
ekw555 over 11 years ago
odd. I was pretty happy with the stock market going up.Of course, I have been investing for my retirement since the day I started working.I suppose if I had spent the last 25 years hoping the government would take care of me, I’d think the stock market was just for rich people.
stephensalaun over 11 years ago
Freedom to succeed in life, whether that success is material wealth or something else, also means the freedom to fail. Those who have succeeded financially in the USA have been able to do so, because they were skilled at producing goods & services. Or they were skilled at managing and acquiring companies that provided goods & services that people were willing to pay for. That is what capitalism is all about, creating the right conditions for people to succeed.
In order for the vast income you speak of to be distributed more or less equitably, would involve taking away that freedom, and replacing it with government agencies to take from the rich and give to those that are poor. But even if that were to succeed, and history shows it is not, we are faced with the fact that a large proportion of the poor in America got that way because of lifestyles that wasted what little money they had. You may give a poor man $100,000, but chances are, in a few short years he will squander the money. Redistribution of income has never worked, and it WILL never work, look at any Socialist or Communist country.
dabugger over 11 years ago
The absent middle class…Iran Rand must be celebrating in her luxury apartment in Hell…..
jack fairbanks over 11 years ago
huh?
The Life I Draw Upon over 11 years ago
If a rich man claims his fortune was gained by hard work, ask him whose.
I can’t remember the author’s name.
stephensalaun over 11 years ago
FDR’s programs failed to get us out of the Great Depression. he simply provided make-work jobs for the unemployed. It was gearing up for World War 2 that finally got us out of the Depression.
Justice22 over 11 years ago
Don’t worry, Pretty soon it will start “trickling down” some more like it has the last 30 years. A lot of younger workers think they have good jobs earning what I earned 30 years ago. When I was a tad, a person with a minimum wage job could support his family. Today, it takes two wage earners to pay the rent and put food on the table.
Melekalikimaka over 11 years ago
If you can get one person to do the work of ten then you can have a happy bottom line. Who cares if he/she ever goes home or has any life…or drops dead. That just means you don’t have to give them a retirement gift.
fritzoid Premium Member over 11 years ago
See today’s Toles editorial for another illustration of the same issue:http://www.gocomics.com/tomtoles/2013/03/25
Stupid over 11 years ago
ok. but why is there an anemometer on each empty desk?
Varnes over 11 years ago
Supply side economics doesn’t work…We’ve been trying that since 1980…We’ve been paying less in income taxes than any generation of Americans, ever. If lower taxes worked, we would all have well paying useful jobs by now……But it actually seems to have tanked the economy…..
Varnes over 11 years ago
However, incomes are also the lowest ever….
WaitingMan over 11 years ago
I’ve said this many times but it always bears repeating. Republican/TeaParty philosophy: Rich people don’t have enough money and need massive tax cuts. Poor and middle class people have too much money and need tax increases so they can pay their “fair share”. Come the revolution, I know which side I’ll be on.
Varnes over 11 years ago
Dude could at least give the guy a little of the bubbly….
EDinWAState over 11 years ago
Is it realistic to portray the CEO with a sense of empathy?
pschearer Premium Member over 11 years ago
If I ever need proof of the degree to which anti-capitalist propoganda has permeated once-capitalist America, I can just point to today’s comic and comments. Worse yet is how many Americans have no idea just how anti-American and destructive their beliefs are.
stephensalaun over 11 years ago
Yes, there are MANY good public works projects that were done, and still need to be done. My point was, they made no real impact on unemployment. Government cannot spend our way out of a depression or a recession. Obama found that out.
Rickapolis over 11 years ago
And no overtime for you, schlump. New work rules.
route66paul over 11 years ago
Communism can work if used in a closed society(a monastery?), but everyone has to believe the same(can you say cult?)
dflak over 11 years ago
I got hired by a company that was just bought out. The buying company sent their Veep to take over the senior management of our office.
Three months later, the company was bought out again. (There’s always a bigger fish) and the Veep was terminated after only being on the job about 6 weeks.
He lamented that his severance package was only $15M. I really felt bad for the guy. That’s a paultry $2.5M a week.
Beleck3 over 11 years ago
boy, this guy Wiley makes comics and people have all kinds of “intrepretations.”
lol. suckers are the ones who work. Rich people don’t, they have others do the “work” for them. as Margaret Thatcher said, "there is no such thing as “Society.”
Vonne Anton over 11 years ago
Interesting byte of news today: US Border patrol officers’ uniforms are now being made in Mexico. So, the federal government is outsourcing jobs. Does that sound good for the economy?
hippogriff over 11 years ago
stephensalaun: You are regurgitating something you read. I was there. The economy had improved to the degree that non-governmental unemployment had been cut in half by 1936 (and the government got overconfident and cut the “make-work” programs and started backsliding, so put them back in). WW-II didn’t start until late 1939 and the US didn’t notice until extremely late 1941. Post hoc ergo propter hoc doesn’t prove anything – pre hoc erg propter hoc is nonsense – but possibly appropriate for Non Sequitur.
jbmlaw01 over 11 years ago
Too bad the government has made it too expensive to use people as an element of production. Even the most expensive robotics are now cost effective, because they have no ObamaCare tax.
Varnes over 11 years ago
Wiley, thanks for the knowledge, guess I gotta read more………………………………………………………………….………………………………………………..pschearer, I’m an American, and by definition, the thoughts I think, and the things I believe are that of an American. That makes them American, just in case you’ve missed the essence of the American character…….
lindz.coop Premium Member over 11 years ago
Apparently it’s ok with everybody — they’re disbanding the unions faster than you can read this and that was the only thing that ever made any difference in stopping this behavior. Uncle Ronnie’s dismemberment of PATCO started the downward spiral and this generation will just have to learn all over again what makes the greedy bosses change their ways.
Caddy57 over 11 years ago
Every job I ever worked……more work for less pay…if you admit to knowing a better way to do anything they move you to management then fire you because you are making too much money!
CrazyRubes over 11 years ago
if you allow the minimum wage worker to participate in the stock market directly, if you allow them to vote as shareholders…. Perhaps then I would believe in capitalism more. As it is, there’s still a high cost of entry (hedge funds anyone?) for something like the stock market. (include proper education in it and you’ll really see what I mean) A truly fair system would allow the minimum wage worker the same possibilities as the stock broker who graduated from Harvard. Newsflash: they don’t have the same opportunities. Please stop pretending they do. It makes you look disconnected.
bird3678 Premium Member over 11 years ago
Whenever someone talks bad about “trickle down” or “capitalism,” translate that into “economic freedom.” That means that YOUR property is YOUR own to do with as YOU please. Virtually everyone believes in property rights for themselves, but not necessarily for other people who have more than they do. Economic freedom has made this the most prosperous nation in the history of the planet, with not even a close second. And Leftists think they can come up with something better. On another note, the stock market going well is good news for MOST of us. The majority of Americans have a stake in the stock market going well. And if a company makes bad decisions like laying off its productive workers, the free market system will punish it.
Let not him who is houseless pull down the house of another, but let him work diligently and build one for himself, thus by example assuring that his own shall be safe from violence when built. —Abraham Lincoln
Economic freedom works. It really does.