Sunday, January 2, 2011

Profits

I know in many instances it seems that I have a problem with people making money or profits. I do not. My problem is with greed and uncaring people or corporations. I do not support a Socialistic movement, but more of a marriage between Capitalism and Socialism. Let me explain. The person who builds a better mouse trap should be able to sell it and make a good profit. The people that build (work) for the company, should make a fair wage and benefits for their work. The workers are then able to go out into the economy and spend their earning to purchase the mouse trap they build. The problem today is the only people who can afford the mouse trap is the CEO's and upper management. They want huge profits plus bonuses to go to themselves and do not care about the people working for them. They have no long range plan for the company and do not want to spend money on new and better mouse traps, or they want a larger write off, for research and development from the government. The problem with their thinking is there is not enough of the extremely wealthy to support a robust economy. The largest group, the middle class, is the engine that drives the economy. Without this we flounder, such as right now. The current wealthy, created their money with slick, financial games. They took other people's money and build a house of cards with it.

1 comment:

  1. Yes, I agree. Now these wealthy, according to the republicans, also need a tax break and are getting it. Now they get to take our hard earned money and then they get a break on it. Disgusting!

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