The only problem I see with this is keeping the moneyed special interests at bay.
709 karma · joined February 23, 2015
Circuit Design Printed Circuit Board Layout FPGA's C/C++ Python Firmware
See my projects hosted on Github
https://github.com/hwstar
The only problem I see with this is keeping the moneyed special interests at bay.
Additionally, California labor laws are more employee friendly when compared to other states.
I know this limits my choices as businesses are leaving California due to the employee-friendly labor laws and the high cost of housing, but I'm semi-retired anyway so it doesn't matter to me. I can be choosy when it comes to taking a job.
People win:
The constitution and the tax laws are changed to promote redistribution.
Capitalists Win:
Things continue as they are.
Most likely Scenario--
Regional and Civil Wars are fought over the extreme income inequality.
People Win: Laws and the constitution are subjected to root and branch reform. Capitalists are thrown in jail or executed.
Capitalists win: A world wide totalitarian government set up by the capitalists.
Most dystopian scenario--
People Win: The common folk won't care about the 8th amendment to the US constitution when dealing with the Capitalists.
Capitalists Win: capitalists will use weapons of mass destruction or mass extermination against the commoners.
It's not really an argument to keep them out. We should let them in when real demand is there. Right now, its a race to the bottom in this country due to job market manipulation by business.
Also I'm all for letting Indian entrepreneurs into the country because they will create jobs.
Once the domestic pool of potential employers has dried up, then employers will bring in the slightly more expensive foreign labor.
It would be way more difficult to fire someone in any other developed country.
I do own a home and rental property, and pay property taxes annually.
I did my first year at a 24K annual income with a slight assist from after-tax savings after being employed for 30+ years. Being 55 in San Diego, and getting an electronics engineering position ain't happening right now.
No thanks. Some of us won't bother unless we can window shop online anonymously.
I must really be an outlier then. I was with the same company for 25+ years before being laid off. Because the job market for electronics engineers is so bad where I live, I've chosen to semi-retire and look around to see what I might do bring in income which doesn't involve a W2 job.