Trump’s big boast is unemployment is down.
Unemployment is down only because so many people have been
under-employed and unemployed for so long they are now forced to work
for poverty wages.
What business wouldn’t want to expand with such cheap labor costs?
But this capitalist “boom” cycle will be very short lived simply
because these jobs do not pay people anywhere near enough to buy back
what they are producing.
We will experience severe “over-production.”
And when this “boom” cycle crashes it is going to be one hell of a collapse hurting tens of millions of people.
And when this capitalist economy crashes this time all the pension
funds are going to disappear and people are going to have to work until
they die... many people already have to do this.
Unfortunately,
many people learn the hard way and don’t start to think until they are
suffering the consequences of this rotten capitalist system.
Don’t count on the Dumb Donkeys to save you because they will not even
take the most basic steps to defend the integrity of Social Security,
Medicare/Medicaid, Unemployment Insurance or public education. Their
idea of reforms is to make sure Wall Street is free to rip us off while
making it sound good for us while it is killing us.
How can unemployment be lower while poverty increases?
The answer is very simple: When you pay people poverty wages they are going to be poor.
