Is your retirement in jeopardy?
Comcast ran this headline as a lead in to a rant on Junior Baby Boomers. I thought about it about 1/10th of a second before saying aloud, “My retirement has been in jeopardy since the days of Ronald Reagan. We shifted the burden of paying for the larger tax burden from the businesses to the people only to have the money drift to the top and then overseas. The solution in this country that we keep hearing about is that we need to give more to businesses. That’s how we got into this mess. I don’t want to give to someone else’s business anymore. I want to give to Domestic American Businesses. The financial industry hasn’t cared about our success or profits. Turn about is fair play. Regulate them and lets let the average Joe start to rebuild the country from the ground up. My retirement is at risk because the economy was put at risk by greedy sages that gave us crappy advice.
The article doesn’t get to the meat of the matter.
We aren’t balancing government budgets because we have too many people out of work. More folks working mean more balanced budgets.
Solutions are about solving this stuff… If you’ve followed my posts, you know that I’m for emboldening the average worker, imposing an import tariff, reverting back to progressive taxation, regulating the financial district (especially anything to do with bonds & derivatives), stripping corporations of personhood, campaign finance reform, collective bargaining, and choking lobbyists.
Any other ideas that you thing might fly… feel free to run it up the flagpole so we can all see it.
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