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Why Does The Economy Stink? Because America's Owners Are Greedier Now Than Ever

Posted on 8/20/14 at 12:32 pm
Posted by Phat Phil
Krispy Kreme
Member since May 2010
7375 posts
Posted on 8/20/14 at 12:32 pm
Posted by Alahunter
Member since Jan 2008
90739 posts
Posted on 8/20/14 at 12:35 pm to
Because over 48% of the population is takers and not producers.
Posted by deltaland
Member since Mar 2011
91168 posts
Posted on 8/20/14 at 12:38 pm to
It's not the corporations fault, its our elected officials selling out to them. Over regulation and Government intervention into the free market has fricked up the markets and enriched those already established. It's becoming harder and harder to start a small business, and that leads to less competition for the major corporations.

Deregulate the market and provide tax incentives for small business, while balancing tax revenue by closing corporate tax loopholes and our economy would boom. The innovative genius of the people in America that has long been driving our economy is being squashed by Big Government and Crony Capitalists.
Posted by 3nOut
Central Texas, TX
Member since Jan 2013
29098 posts
Posted on 8/20/14 at 12:45 pm to
So in just the last 5 years these corporations got greedy and caused this? It never occurred before then?

The actions of CEOs in the last 5 years 2009 caused the downturn in 2008?

Record profits for the last 5 years combined with high unemployment rates? Nothing to do with tax hikes or ACA?

Sounds legit.
Posted by Bham4Tide
In a Van down by the River
Member since Feb 2011
22109 posts
Posted on 8/20/14 at 12:51 pm to
Because we don't build anything anymore . . . except social media outlets, movies, and reality TV shows.

Pretty sad commentary.
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