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Were is the administration, Missouri and USA, taking us?
Submitted by Jim Pierceall on Sunday, May 15, 2005 - 10:47
The Missouri legislature pasted several pieces of legislation that benefit business. The govenor says it will help small business but in fact it will help big business at the expense of the individual. Mo is only following the lead of the federal government. This kind of legislation turns back the clock. In the later part of the 19th century the government had a hands off attitude. "Let the free market smooth at the economy" said some politicians. They continued to allow immigration of millions and that caused the supply of labor to exceed the demand and business could pay as little as they wanted to. Since a profit is the motive for being in business they decided to pay very little and realize enormous profits. Teddy Roosevelt, a republican, was the first to have government correct some of the excesses. When business caused an economic crash in 1929 by wild speculation, Teddy's Cousin Franklin Roosevelt began passing legislation that helped distributed the wealth. In his first term of office he revolutionized the way government operated. These two men are responsible for the USA having a large middle class and a small lower and upper class. The USA is powerful and envied by the rest of the world because of our large middle class and the fact that everyone has a stake in keeping America prosperous. Therefore we are the richest most powerful nation on earth. Now the current administation wants to change that. They want business to again be what it was in the late 19th century. When a corporate executive made approximately 20 times what the factory worker made in 1970 and now makes 400 to 500 times as much, I say we are moving in the wrong direction. The politicians always say they are taking these actions to create jobs but the jobs they create always pay less then the jobs lost. Should this trend continue for a few more decades, I predict that we may lose our world status as the greatest. They also use a lame arguement that accuses anyone suggesting the rich get more of the burden by saying "You only want to punish the sucessful." Most of the, quote "successful" unquote, are because they can manipulate the board of directors. Not because they are outstanding managers. Government must stop deregulating business and placeing the burdens on the middle class. Germany fines motorist according to their net worth. They realized a set amount for a fine did not have the same affect on a wealth person and a poor person. Is there another Roosevelt out there?
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