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The Debt Ridden American Middle Class is being Abandoned for New, Debt Free, Much Larger, Markets?

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ShamelessHussy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-03-10 10:08 PM
Original message
Poll question: The Debt Ridden American Middle Class is being Abandoned for New, Debt Free, Much Larger, Markets?
Is this the course that the captains of industry are plotting?

If it is, can it be prevented at this stage, or is it too late?

If it isn't, too late, what can be done about it?

If it is, too late, what does that mean for our society as a whole?

So, back to the main question, do you think that...

The Debt Ridden American Middle Class is being Abandoned for the New, Debt Free, Much Larger, Emerging Global Markets?




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Poll_Blind Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-03-10 11:24 PM
Response to Original message
1. America and Americans are so deeply in debt there is absolutely only one realistic way to...
...resolve it: Kill the creditors.

This will only work on a national level, obviously. Individuals who kill their creditors are considered murderous lunatics. However, nations who make war on their creditors will be remembered as...well...it really depends if they win the war or not.

:)

PB
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-03-10 11:31 PM
Response to Reply #1
2. The creditors are the pension plans.
Kill everyone's retirement?
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ShamelessHussy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-04-10 12:03 AM
Response to Reply #1
3. that is certainly one way, which has been used in the past but
usually with very bloody consequences, and i like to think that something positive could be done by changing the laws that govern, and strengthen us, which would avoid that method.

:hi:
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StreetKnowledge Donating Member (921 posts) Send PM | Profile | Ignore Sat Sep-04-10 12:57 AM
Response to Reply #1
4. We're not that screwed.
It can be fixed. But it requires changing a few mindsets, and once and for all killing the free trade and open markets idea. If they want to take capital out of this nation, tax the shit out of it, and enact big tariffs on goods made abroad that Americans can make here. Thus, you provide many thousands of new jobs to Americans, thus both reducing the trade deficit and fixing a mess.
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ShamelessHussy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-04-10 01:11 AM
Response to Reply #4
6. a level playing field, seems so logical, but never discussed in the M$M
or only very rarely.

If it is true that we want to raise the living standards of all, then a tax should be levied on every regulation missing in the source country. This would ensure that not only are we competing equally, but also that our values, such as worker rights, and environmental regulation, etc. are being exported as well, but not at the point of a gun, but rather with a positive monetary incentive, which would benefit everyone.

so, only folks with limited interests (self) would be opposed to such a thing, and I do believe that sociopaths are still in the minority, fortunately, though that may change if we continue down this path.

:hi:
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-04-10 01:10 AM
Response to Original message
5. The American Middle Class May be Abandoned But...
I Believe it Will Be Back. But the industrial world will never be same as before. Since the global marketplace has finally been accomplished, it is the end of capitalism in America, as we have known it. We must find a new paradigm. It will be a challenge to prevent the Upper Class from taking it all. We must keep the poor from multiplying in numbers. We must bring them into the middle class. That is the challenge of America as I see it.
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ShamelessHussy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-04-10 06:32 AM
Response to Reply #5
7. why?
"the industrial world will never be same as before"

we used to make things here, before... we could do it again.

"I Believe it Will Be Back."

how?

don't get me wrong, i believe it is possible, too... i am genuinely curious as to how we can bring back the MC in our country.

:hi:
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