Wednesday, October 19, 2011

Occupy This

While the entire Occupy Wall Street Movement’s criticism of the fraud, financial abuses, and government “bailouts” of Wall Street can be somewhat warranted, it is important that we do not extend the attack to the entire business world in general.
Entrepreneurs, take Steve Jobs (creator of Apple) as an example, who started out as boot-strapper, pulling himself up before climbing to the top one percent and when looking back it is easy to see that his creation of Apple has certainly benefited millions of Americans in terms of jobs, consumer products, and even possible increases in their retirement plans.  The last decade has been trying for everyone and I will not argue with that or think I could find someone to argue with that statement.  But I believe that there is some light in the darkness.  The median family income of Americans last year was still 8% in real terms above its level of 1985 and 14% above its level of 1975. This proves that we are still growing, still improving, and still bettering ourselves despite the fact we are in a "recession."
To regain our trend of rising living standards and improving the quality of life, the individuals and business firms who create jobs and income for their large employee bases should be supported by the general public, not chastised.

No comments:

Post a Comment