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Joe_Cavalry All Day Every Day



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RSS IMright101

Reward Points:107
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2 points

Both sides are illogical. What do you recommend we do, allow capitalism to run rampant. We've done that before and all that happens is a concentration of wealth which allows people to make the system unfair for everyone else. Robber barons of the late 19th early 20th century for example. When there are monopoly's the public and the industry loses. The industry involved has no reason to innovate and they can charge whatever they want if its a inelastic item like oil or electricity. I am not a supporter of liberalism by any means but that doesn't mean that there shouldn't be a middle ground. Any economist will tell you a strong middle class is the key to a healthy economy. Ours is melting away. A CEO today makes on average 500 times more than the average worker in his employ. 50 years ago it was 20 to 1. Capitalism is by far the best system we have because it plays on our most basic instincts for self improvement but every system needs regulation. Unfortunately in this country the middle ground is being created when there is a rare case of the radicals from both parties pulling on the rope with the same amount of force. We need to get some people in Washington that still think rationally and don't keep pulling so hard they end up as a repersentative of either the ACLU or the Tea Party.

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