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.
These are the stories and thoughts from the Life of the REAL Bumpus Mcgee, who is just living the life one day at a time.
Showing posts with label occupy movement. Show all posts
Showing posts with label occupy movement. Show all posts
Wednesday, October 19, 2011
Thursday, October 13, 2011
Occupy Wallstreet?
Before I can really grasp this whole OCCUPY movement, I need to be able to understand why they are choosing to Occupy Wallstreet? I need someone to explain to me why they aren't OCCUPYing the White House or Congress. Until I am able to somewhat grasp the concept of attacking and blaming Wall Street, I have little interest in this OCCUPY movement.
Just being honest.
PS- I do have to admit I find the following pretty hilarious in an ironic way. The UNITED STATES has the highest corporate taxes in the world (varying from 15% to 35%), and in turn the US Government uses those taxes (along with the taxes from US citizens) to then "bail" those corporations out.
Maybe lower corporate taxes??
Just being honest.
PS- I do have to admit I find the following pretty hilarious in an ironic way. The UNITED STATES has the highest corporate taxes in the world (varying from 15% to 35%), and in turn the US Government uses those taxes (along with the taxes from US citizens) to then "bail" those corporations out.
Maybe lower corporate taxes??
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