Quote from 1prometheus:
The growing inequality is simple to explain:
Global wage arbitrage has killed american private sector wages, while global enforcement of property rights has created a vast windfall for those who know how to tap into the global economy or own certain types of businesses/assets (as well as those who own large blocks of stock).
Flooding in massive numbers of low wage workers has killed wages in fields like construction, etc, that for a time payed reasonable amounts, while Offshoring is killing private sector "middle class" jobs.
The fable I keep seeing here is that somehow this (falling middle class wages and standard of living) is the fault of American workers, and all they need to do is "look in the mirror" to see the problem. Totally false! It is a huge, large scale arbitrage that has nothing to do with the quality of work Americans do, or how hard they work. Economics truly is at times a zero sum game, and the losers quite frankly often are not the cause of their falling standard of living. the problem is much, much bigger than that.
If you double the supply of something, all else equal it's value goes down. It is an economic law. It is our trade and immigration policies that are the problem. Businesses know this. Businesses that are smart lock up legal advantages with Patents, Copyrights, other forms of IP, etc, such that they are able to secure minor monopolies on certain things. In other words, the government PROTECTS THEIR PRIVATE INTERESTS. Yet workers are told they are "lazy" or "the problem" if even slightly they ask for the same thing? If they ask that their birthright, the benefit of US citizenship at least slightly be managed to their favor? Give me a break!
It is a mistake to think "Right wing" equals globalism. This is far from true, in fact. The left has in fact usually represented "internationalism".
The true right values independent productive capacity, heavy industry, PRODUCTION, and culture ABOVE raw economic calculation, which is seen as important but not THE primary value.
There are solutions to this problem that are NOT egalitarian in nature.
Progressive taxation is not the answer because handouts and "redistribution" only demotivate and demoralize the recipients. As a moral principle I also find the notion of taking from the strong to be reprehensible. We do NOT NEED more handouts, but rather policies that support independent productivity in all sectors that will put americans back to work in american jobs producing american goods. Policies that promote REAL PRODUCTIVITY rather than rent seeking what has effectively become a far too financial-centric, non-productive economy.
Few people understand that much of the destruction of industry has come about from government manipulation of the cost of capital, which has devalued real, physical investment and rewarded asset flipping and non-productive speculation.
Also contrary to popular opinion the true right does not represent fables like "equal opportunity" which is not possible and is based in mythology not reality. We value inheritance as a fundamental right, as a great honor and privilege that must be lived up to. We encourage all americans who can to save, invest, and do what they can to leave to their children more than they received . We value and respect private, productive capital. We also value the gift of US citizenship, and seek to manage it so that the value of this treasure grows for all americans.
The true Right values liberty, tradition, family, (including family businesses that should be passed on without tax) Nation, culture, strength, honor. Things like that.
From an authentic right wing perspective, the solutions are simple:
Citizens are part owners of America. Citizenship is a tremendous birthright that must be MANAGED to grow and protect its value, NOT devalue it and degrade it, as has been done for far too long in this country by short sighted, political whores in BOTH parties.
A right wing solution:
-Cut corporate tax in domestic investment to almost nothing
-Cut income tax
-End most new immigration that kills working class and middle class wages
-put the marines on the border NOW.
-Terrif on goods and services provided offshore or imported to make up for domestic tax cuts
-free up our domestic energy industry to generate energy independence
It is a combination of domestic economic liberalization combined with prudent and thoughtful management of the value of our Citizenship such that US citizenship effectively pays a growing dividend to workers at all level, as capital is invested at home and domestic wealth and benefits flow to US citizens at all levels. The authentic right has always sought to align class interests, not aggravate them.
More than anything we need authentic right wing solutions, not the slime corporatism-whores who currently are running the show. If we can get a genuine right wing movement going, these phony right wing-whores will be tossed out quite promptly.