Originally Posted by Amnorix
So, further to my last, here's a telling chart -- comparing corporate profits to employee wages over time.
This, meanwhile, all has a pretty negative effect on helping the economy recover. Employers aren't hiring, and they're not giving raises, which resulted in NEGATIVE real wage growth in 2011. So across the entire American workforce, purchasing power was less in 2011 than 2010. So we have not only high unemployment, but even among the gainfully employed less real wages.
All against a backdrop of record corporate profits.
At my core, I'm a freemarket guy. If a guy can go out and get a better living for himself, he should be able to do just that.
If a company believes a guy can make them, or perhaps save them a bunch of money, they should be able to go get that guy.
At my core I don't want the government running business. What if a company puts more money into R&D, capital improvements, technology, or any number of non-employee expenses, I don't want some dude making a chart that shows a business is spending much more in other aspects, claiming that the company should be paying it's employees more.
Look, if a company thinks a guy is worth the money, let the company go get him and let the guy get paid. If he ****s it up, the company can fire him. The business made a bad decision and has to deal with dent that it put in profitability.
As long as there is competition, I don't have a problem with it. And therein lies the problem I have with government running shit. There is no competition to keep the government accountable for performance.