Income gap between rich and poor growing in America
Published: 14 July, 2010, 03:17
Edited: 12 September, 2010, 02:17
Desperation. You catch a glimpse of it on the streets of Washington DC during rush hour as the gap between the have’s and the have not’s is growing.
Life will improve greatly as soon as they move production from the Communist China, Bangladesh, Vietnam, Pakistan, India etc. and relocate those factories in the good Ole USofA. In the mean time be patient, be very patient, they've got all the guns and guard dogs on their side.
I often wonder why we (western countries) have not put in place maximum wages/ bonuses for certain jobs. For example one of the ways the rich get around tax in the UK (not sure about the US) is to get a wage under the taxable threshold and then get a bonus for millions, if not billions, which is tax free (or almost)! If we put in place a system where the top jobs could only get a share for a set percentage of their profit as a bonus while the rest must be saved or invested, surely this would clean some problems? This means that if a business makes a loss the top people get no bonus for that year. If a business goes bust then the Government can say “sorry we can’t bail you out as it would distort the market”, so no more ‘too big to fail’, due to un-stainable activities. It also makes sure that the top cats will not walk away with millions for messing up big time. Though I can see the companies moving back to the US, through popular demand, the Far East has a lot of money, especially China. Somehow I don’t see them, the Far East Countries/China, to allow factories to be closed. No, they will either buy the closed factories or outright buy out the companies themselves.
There cannot be a solution to this problem outside of an outright reorganisation of the Property relations in the way of the great October socialist revolution. America will not escape this social Law but can only buy time with massive fradulent propaganda , war mongering and of course impoverishment of the majority in the USA as a debilitating weapon of mass destruction.










Life will improve greatly as soon as they move production from the Communist China, Bangladesh, Vietnam, Pakistan, India etc. and relocate those factories in the good Ole USofA. In the mean time be patient, be very patient, they've got all the guns and guard dogs on their side.