Forum Post: Message to Wall Street: Employees = Consumers
Posted 11 years ago on Dec. 1, 2012, 8:35 a.m. EST by elf3
(4203)
This content is user submitted and not an official statement
We need middle class pay and wages - without it we can't buy from you and you will ultimately go under. Without good wages and a middle class the economy will collapse. The middle class is your consumer base. Stop spending billions on advertising / spend it on employees instead. Pay it forward and watch boom times begin again win /win for Wall Street, Main Street, America, and the World.
Yes, and this short video explains that succinctly. I wish this vid could/would go viral. This totally debunks trickle down once and for all.
Excellent Video! I never know what 'viral means' but every occupy sympathiser and supporter could spend 6 minutes to watch this very good clip. Thank you for posting this, and see my linked article on this thread. Never Give Up! Occupy The Issues!
"Going viral" means spreading like a virus. Sometimes videos or web content will take off and spread so rapidly that in a short period of time after it is posted millions of people will see it, all over the Internet, within a very short period of time.
Ok, I get it now, lol & the implication is that we have to infect people with the truth. Sadly, that may be true. Also see - http://www.nationofchange.org/economy - for further efforts at truth seeding and sharing. Thanks again for your excellent short video and Go Occupy!
Wall Street is blind, selfish and pathologically greedy. It will give nothing and it owns our government. Expect nothing from them. The 99% must persevere or perish. Keep Occupying The Issues!
Please see - http://www.nationofchange.org/organizing-mcdonalds-and-walmart-and-why-austerity-economics-hurts-low-wage-workers-most-1354373264 .
From the article - 'Jobs are slowly returning to America, but most of them pay lousy wages and low if non-existent benefits. The Bureau of Labor Statistics estimates that seven out of 10 growth occupations over the next decade will be low-wage — like serving customers at big-box retailers and fast-food chains. That’s why the median wage keeps dropping, especially for the 80 percent of the workforce that’s paid by the hour.'
'It’s also part of the reason why the percent of Americans living below the poverty line has been increasing even as the economy has started to recover — from 12.3 percent in 2006 to 15 percent in 2011. More than 46 million Americans now live below the poverty line.'
'Many of them have jobs. The problem is these jobs just don’t pay enough to lift their families out of poverty.'
Never Give Up! Go Occupy!
Let me ask - if people don't have money to invest into starting a businesses, how is the middle class going to consume without a job?
Where does it start - does it start with "being middle class" or does it start with starting a business to employ people who can become middle class?
Do you know and if so please explain how people can become "middle class" without working for a business or someone to provide them with middle class income
Nice post, elf. We need middle class pay and wages, not poverty wages. Yes. And, when everyone in this country earns a living wage, 100% of the people will be better off.
Further we need a living wage for the poorest in society.