For the educated we already knew this, for the others well, read up how things work
http://www.economist.com/agenda/displayStory.cfm?story_id=2454530
http://www.economist.com/agenda/displayStory.cfm?story_id=2454530
Quote from Covertibility:
For the educated we already knew this, for the others well, read up how things work
http://www.economist.com/agenda/displayStory.cfm?story_id=2454530
Quote from babe714:
1.You lift trade restrictions and give massive tax cuts to the wealthy
2. they take the money invest it overseas where they can get the highest return
It used to be called trickle down economics , now its called trickle OUT economics
At least thats how it went with my company , they pumped millions into plant and equipment in India and china . Now our CEO keeps bitching at us because we're not competitive. We told him its hard to compete with outdated equipment against people making a dollar an hour. He told us "what the hell do i need you guys for then."
Quote from babe714:
1.You lift trade restrictions and give massive tax cuts to the wealthy
2. they take the money invest it overseas where they can get the highest return
It used to be called trickle down economics , now its called trickle OUT economics
At least thats how it went with my company , they pumped millions into plant and equipment in India and china . Now our CEO keeps bitching at us because we're not competitive. We told him its hard to compete with outdated equipment against people making a dollar an hour. He told us "what the hell do i need you guys for then."
