Quote:
Originally Posted by Cannon Shell
There are some simple rules in economics. Growth is good, lack of growth is bad. Doesn't matter what year.
If we tax our companies more and hold them to harsher regulations, how could they possibly produce a product that would be competitively priced with similar products made in China or India?
The reason that the Walton family is really rich is because they figured out that our society values pricing over all else. Do you really think that Americans are going to start paying 5x as much for the same products because they are American made?
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If companies charge 5x what they are charging now someone will come in much lower and eat their lunch. Let the market decide. Maybe the solution is execs should only be making 1000 times
what their lowest paid employee makes instead of 1,000,000 times.