View Single Post
  #21   Report Post  
Posted to rec.crafts.metalworking
F. George McDuffee F. George McDuffee is offline
external usenet poster
 
Posts: 2,152
Default Starvation Wages

On Fri, 30 Aug 2013 16:25:06 -0400, Ray Kroc
wrote:

Sancho Panza expressed precisely :
Demand does not increase because of confiscatory taxes. As a matter of fact,
such penalization plummets demand.


The truth is that there isn't a job that a Chinaman or a Mexican can do
better and for less than an American. Americans are overpaid and
lazy. Are any of them worth more than $15,000 a year?

That my friend is why the USA needs to grow accustomed to a low wage
future. For some reason the average American believes that they're
entitled to something just because their slut mother dropped a babye on
US soil.


If you don't like it, join the army. They'll feed you, clothe you,
bathes you and even provide free toothpaste.

============================

This is the type of attitude that results in the imposition
of draconian tax regulations such as steeply graduated
capital tax levies, intended to directly reduce amassed
wealth [and the power/hubris that results] as well as raise
revenue, when the more extreme forms of populism becomes
ascendent.

Historically, even more extreme measures are frequently
taken such as the liquidation of the oligarchic and elitist
classes, and the confiscation of their estates/assets, e.g.
French, Russian and Chinese revolutions.