Frankn
Gold Member
- #1
Thread Owner
Here's my view! I have been around for 76 years and I have seen a big change in the people. It use to be that kids sought instant and prolonged gratification, but they grew out of it to be a real part of the big picture of advancing this country. They earned there way to a good life.
Now a days, the picture has shifted. For to many the instant gratification desire has not changed. This is happening on the low end free lunch crowd which seeks free food, lodging, cell smart phones, etc. The bad part is it is happening at the top end also. We have more Millionaires and Billionaires than ever before and they want more. It is a game of who dies with the most wins.
The sad part is they are hoarding the wealth of the country. Sure they give to charity or foundation, but this is to get even more money via deductions. They don't give back in reality! Just think, where did they get this money, why wasn't more given to the actual workers that made this wealth possible?
The thing is in economics, the money must cycle or the wheel stops turning. The move to manufacturing overseas was the beginning of our decent. Sure items would be cheaper, but the profit was all going upstaires. Look at the CEO's and COO's etc. they are sucking up millions while the workers are getting less.
I can see this happening! I posted a while back that in a business class it was stated that a fair profit was cost + 100% markup. Someone replied that it was as much as you could get. See my point? It brings to mind the story of the goose that layed the golden egg.
Just my thoughts, Frank...

Now a days, the picture has shifted. For to many the instant gratification desire has not changed. This is happening on the low end free lunch crowd which seeks free food, lodging, cell smart phones, etc. The bad part is it is happening at the top end also. We have more Millionaires and Billionaires than ever before and they want more. It is a game of who dies with the most wins.
The sad part is they are hoarding the wealth of the country. Sure they give to charity or foundation, but this is to get even more money via deductions. They don't give back in reality! Just think, where did they get this money, why wasn't more given to the actual workers that made this wealth possible?
The thing is in economics, the money must cycle or the wheel stops turning. The move to manufacturing overseas was the beginning of our decent. Sure items would be cheaper, but the profit was all going upstaires. Look at the CEO's and COO's etc. they are sucking up millions while the workers are getting less.
I can see this happening! I posted a while back that in a business class it was stated that a fair profit was cost + 100% markup. Someone replied that it was as much as you could get. See my point? It brings to mind the story of the goose that layed the golden egg.
Just my thoughts, Frank...
