Socialism does not work!
In fact, neither do unions when the economy is bad. Only in a strong economy will people be able to keep their jobs, keep their benefits, and pursue top salaries for their skills – otherwise, we have a lot of unemployed people relying on government and high taxes.
On the other-hand, there are many hard-working Americans who have spent their entire career at the same company with little to show for it. When a corporation goes under and career employees are let go with nothing – who is to blame? Is it the fault of labor unions whose hard-line tactics force the hand of employers to honor unsustainable salaries/benefits? Or does the fault lie with reckless owners who ultimately act with little regard for their workers?
When it comes to economics, there usually are no easy answers. Neither side has the ultimate solution. Although, a capitalist system is one in which most can benefit as it ultimately enables the individual with some knowledge, a strong work ethic, and a level of ingenuity to build a business from the ground up. At least that’s the way it has traditionally worked in this country. Of course, there is also a need for some form of industry regulation and consumer safeguards – but often, this becomes a breeding ground for pay-offs and buy-backs.
Economically, there will always be ebbs and flows; it’s how we ride it out that ultimately makes the difference. We need to cultivate a workforce that actually fosters hard work and ambition – not hinders it!
Poor people, in particular, have more hope to be assisted and/or rise out of their circumstances in a good economy. A bad economy does nothing but ensure there will be no money to spread around without borrowing from future generations and increasing our debt – which ultimately leads to economic disaster!
Historically, the best chance for overcoming economic struggles was wholly dependent upon the efforts and determination of individuals to ultimately deliver themselves out of their circumstances by becoming part of the competitive workforce. Of course, opportunity is a factor, but government-sponsored supports work best when they help cultivate those opportunities rather than foster economic dependency. Regardless, if consumers don’t have money to spend and product demand is low – there won’t be opportunities, period!
Many of us understand that the economic path we’re traveling is a shaky one; however, we do not seem to fully comprehend the extent of the problem. If we actually exercised a capacity to look beyond our own immediate gratification, maybe we could resist reacting to those who threaten to remove comforts that were never sustainable to begin with.
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