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| subject: | Re: The Laffer Curver, Still far from the bottom - Deficit Down 34.6 |
From: Gary Britt
Your proposal is exactly the kind of rust belt industry thinking often
engaged in by rust belt unions. Starting in the 60's and 70's they began
to negotiate pay structures and work rules guaranteed to provide 100 jobs
at
$40/hr (including benefits) instead of 1000 jobs at $25/hr. Instead of
targeting tax cuts at the rates across the board that benefit the small
businesses that create over 1/2 of all jobs in the country, keep the job
creation lower by targeting tax cuts for rust belt union workers (like they
don't fuck off enough already).
If a job and overtime pay is a person's principal ambition then its easier
to become rich playing basketball in the NBA than it will be for that
person to ever become rich and build wealth from working his *job* while
worrying about collecting every cent of overtime pay. Not many managers
and CEO's get their jobs while worrying about collecting every cent of
overtime pay for hours worked over 40 hours or while worrying about because
they work in finance they can't help with work on something more properly
classified as line management, but that's union and regulated rust belt
industry thinking.
You have to want to build your own company, employ others, build a pyramid
of people under you, take risks, and work 80 hours a week if necessary for
no pay in order to become rich. Then after a person does that for years
while those around them drive nicer cars, live in a better home or
apartment, and take their 2 week vacations every year, the person taking
risks of sacrifice of time and immediate gratification for an uncertain
payoff finally becomes upper middle class. Then all of sudden all those
people worrying about a job and overtime pay, work rules, and 2 weeks of
vacation a year, who were never around to be jealous of this person while
he was taking risks and delaying gratification for himself and his family,
look up and go "hey that guys got a lot more money than me and he
works in a nice air conditioned office, and he makes money off the backs of
those who work for him, and that's just not fair. So let's get the
government to steal his money that he worked unpaid overtime for, and give
it to us because why should that guy have it. What did he do?"
People with no clue, who think a job and overtime pay are all that matters,
have to steal money from other people even if they do it by proxy through
the government. The guys getting overtime pay got the very same tax cut
that everyone else received under Bush. The tax rate reductions applied
equally to everyone. The rate reductions weren't stacked in favor of one
group over another and they weren't structured in a way to punish success
and prosperity and job creation, like the democrats support. The democrats
don't won't prosperity for everyone, because prosperous people don't have
to be beholden to them for government benefits and handouts, direct or
indirect.
Gary
Geo. wrote:
> "Gary Britt" wrote in message
> news:46742dbd$1{at}w3.nls.net...
>> No George you fail to understand me and those like me. I'm not a
>> believer in the Rich, I'm a believer in people's desires to become
>> Rich being the best most efficient method of generating as much
>> prosperity as possible for the greatest number of people. To the
>> extent taxes and regulations keep people from working to become rich
>> or richer they keep everyone poorer by comparison.
>
> Well then you should have been against the bush tax cuts and for the
> promotion of overtime pay being tax free.
>
> Geo.
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