A primary tenant
of corporate philosophy is to obtain as much productivity out of as few human workers
as possible. They love cutting wages, benefits and relocating to a less
expensive labor market. So the question is: why would a corporation invest a
tax cut in the creation of jobs? The answer: they wouldn't.
They know
how much they are willing to pay, how many people are required to meet
production quotas. If they truly needed more labor to expand production, they
would borrow the money, as they always have. Higher wages is a perpetual cost. Therefore
the corporate managers seek to lower the wages as far as possible regardless of
the detriment to their labor force.
Businesses paid
off legislators to vote on "right to work" laws that circumvent
collective bargaining. They support elimination of overtime pay rates. They support
lowering or eliminating minimum wage rates. All of this financial dickering
shifts the cost of living to people who are not part of the corporate
shareholder family.
Along with laws
to facilitate the reductions of compensation for employees, the corporate
culture is working hard to lower or eliminate corporate taxes. In short they
don't want to pay the cost of living for their workers by any means.
If a tax cut
did not exacerbate deficit spending and an increase in the National Debt it
would be far more palatable. In the past, make-a-believe Economists claimed the
debt could expand as long as it was less than the growth of the GDP. The double
trouble is the growth of debt far exceeds the growth of the GDP. And most of
the actions taken by Congress slashes the spending which does contribute to the
GDP. A trillion dollar reduction in tax funded spending is a trillion dollars
lost by the large corporate entities. Why aren't they complaining?
All
corporate entities are aligned together against all Labor. Labor loses when
they cannot use collective bargaining like the corporation do. The only hope is
to vote out the perpetrators who take from the working class and give to the wealthy
class.
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