Friday, October 31, 2014

Obama abandons “the defining challenge of our time” -- after nternal polling

“Democratic Sen. Charles Schumer (D-NY) candidly admits that internal polling data proves the class warfare and soak the rich rhetoric is an election loser.

” ‘There are some who believe it’s better to talk about the negative parts of wealth that people have accumulated, but our polling data show people care less about that and more about how we’re going to help them,’ said [Democratic Sen. Charles] Schumer.”

”Denmark has no minimum-wage law. But Mr. Elofsson’s $20 an hour is the lowest the fast-food industry can pay under an agreement between Denmark’s 3F union, the nation’s largest, and the Danish employers group Horesta, which includes Burger King, McDonald’s, Starbucks and other restaurant and hotel companies.”

It would help if Obama and friends were not helpless to know what actually might reverse middle-class decline (God help the growing ranks of the poor), what modality could reverse the race-to-the-economic-and-political bottom.

A modality at work in every just and bountiful economy in the world: Germany, France, Nordic democracies and continental Europe in general, French-Canada, even Argentina, even Indonesia.  Walmart closed down 88 big boxes in Germany where it had to pay the going wages and benefits (see Denmark above).

Did somebody say CENTRALIZED BARGAINING, as in legally mandated?  In place for nearly seven decades on the continent.

How come America has Marxists and Austrians and every species of economic/social advocate except centralized bargaining oriented believers? ???  Could it be because nobody ever mentions the possibility out loud?

One exception to that: Thomas Geoghegan: Were You Born on the Wrong Continent?: How the European Model Can Help You Get a Life.  Wake up and return to broadly spread prosperity America.

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