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Old 11-05-2005, 12:58 PM   #13
nintenda

Join Date
Oct 2005
Posts
621
Senior Member
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The key question here, does the profit derived by the super-corporation and dispursed through dividends to the shareholders make up for all the lost wages? Does every small town in America have a chance to taste some of the drip-down from the lavish spending that is available to the super-corporation and its shareholders?

Essentially, the gross numbers stay the same (GDP), but 'real' wages fall. And a 'real' fall in wages hurts America in the small towns and wipes out the backbone of society - which is the family wage-earner, not the rich shareholders.
I don't believe it even comes close to making up for the lost wages. It would seem to me that the only realisitc approach for the future of our country iss to become a nation of investors. Sure, there will always be jobs in the service sector, educators, law enforcment, etc. , but with manufacturing gone, the general population is going to have to do something.
Imagine ......a nation of day traders and speculators.

I also find it peculiar that many people think that investing is for the rich only.
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