Corporations Slash Worker Pay, Spend Billions Buying Their Own Stock

I am hoping that they come forward over the next six months..... because 2021 is going to be one critical year when it comes to getting all this mess turned around.

This is a very similar idea to what I am suggesting could begin in Israel..... but worded for a larger audience.

Can an economic boom in Israel, Australia and California prevent another 1929?

The dominant mentality on Wall Street is Malthusian......... there are people in Israel who should believe firmly in the mathematics behind the idea of Jubilee that Moses introduced in Leviticus.

 

I think people underestimate how much mom and pop businesses feed Amazon through their partner programs. Driving out mom and pop helps Walmart but hurts Amazon as it has become the online middleman. Many things I have purchased direct from other businesses comes in boxes with Amazon tape, etc. because those business are more dependent on Amazon than their own online storefronts.

 

I guess given the two options I would rather pay taxes. It is not really paying the taxes that I mind I just don't like what my tax dollars are spent on. I also like having basic services that a community or society needs to function. I feel the problem is that so much of what Federal and State government spends tax dollars on are not things that government should be providing for the people; whether that be people individually, collectively or as corporations.

I agree with your assessment. I wonder how much of that borrowed time is left. It will be a sad day for America when all the jobs come back so that we can manufacture goods for affluent people in some other country.

 

True.

 

And as i know you understand, tax rates have nothing to do with our economic mess