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<blockquote data-quote="804brown" data-source="post: 812639" data-attributes="member: 29553">Economists say that the wealthy dont make this economy move.&nbsp; Look over the past couple of yrs the economy has been weak due to the working class and middle class folk not having jobs,etc.&nbsp; The wealthy made $$ hand over fist yet nothing happened did it.&nbsp;Wow, you base your economic theories from a few part timers you might have spoke to about economics LOL as well as a neighbor of yours.&nbsp; Ok!&nbsp;On the safety net, we have a safety net because the private sector cannot provide a job for everyone, or healthcare or pensions.&nbsp; We found that out during the Great Depression.&nbsp; The welfare state is used to make up for what capitalism lacks.&nbsp; Capitalism by nature cannot supply a job for everyone. Capitalism needs&nbsp; a large supply of excess workers (aka unemployed people) ; it keeps wages low.&nbsp; &nbsp;It is amazing.&nbsp; Ask anyone and they will say the unemployment rate should be 0 or at least close to 0%.&nbsp; But according to mainstream capitalist economics, the lowest it should go is about 6 %!!&nbsp; Alan Greenspan repeated that a few years ago.&nbsp; His logic is that a higher unemployment rate means more workers willing to take less .&nbsp; When unemployment is low, the advantage goes to the worker because he/she can say no to a low wage offer and take another job at a higher wage rate! It is all about keeping wages as low as possible!!&nbsp; Chew on that for awhile.</blockquote>

[QUOTE="804brown, post: 812639, member: 29553"] [B]Economists say[/B] that the wealthy dont make this economy move. Look over the past couple of yrs the economy has been weak due to the working class and middle class folk not having jobs,etc. The wealthy made $$ hand over fist yet nothing happened did it. Wow, you base your economic theories from a few part timers you might have spoke to about economics LOL as well as a neighbor of yours. Ok! On the safety net, we have a safety net [B]because[/B] the private sector cannot provide a job for everyone, or healthcare or pensions. We found that out during the Great Depression. The welfare state is used to make up for what capitalism lacks. Capitalism by nature cannot supply a job for everyone. Capitalism needs a large supply of excess workers (aka unemployed people) ; it keeps wages low. It is amazing. Ask anyone and they will say the unemployment rate should be 0 or at least close to 0%. But according to mainstream capitalist economics, the lowest it should go is about 6 %!! Alan Greenspan repeated that a few years ago. His logic is that a higher unemployment rate means [B]more workers willing to take less [/B]. When unemployment is low, the advantage goes to the worker because he/she can say no to a low wage offer and take another job at a higher wage rate! It is all about keeping wages as [B]low [/B]as possible!! Chew on that for awhile. [/QUOTE]

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