I am as sick of that phrase as I am of the terms "middle class", "Entitlements" and "fiscal cliff". Can't anyone find some other metaphors, analogies or words to discuss the issues that are facing America. If we gave everyone in Congress a Thesaurus and a dime for every time they used those phrases we would not have to worry about the "debt crisis".
Today the unsurprising headlines found that Corporate America in its state of person hood is doing quite well while actual persons, not so much.
Corporate profits are up with the wind and sailing off in a fine breeze to offshore bank accounts in sunny climates while real America has not a pot to piss in. We are steerage class and we will be lucky to get a life preserver let alone a life boat when this ship crashes, and it will.
Another phrase I love is that "productivity is up" despite having less staff to man the ship the CEO set see no need to change the course. And when they feel compelled to hire they enjoy the ports of third world countries and the never ending cheap labor provided. And of course the few Americans that work at home, not literally as that too is coming to an abrupt halt, what is next no free Red Bull? Are finding themselves working not literally chained to their desk as that is a violation of that 13th Amendment (see Lincoln was a factual kind of movie) but they are working longer hours for less pay and fewer benefits - meaning the rise of health care costs have to be offset somewhere so your wages are a good enough place to start.
What is being called "hard working" another idiotic euphemism for hey dummy you work 12 hour days and actually accomplish no more than you would in an 8 hour one but it looks good to your boss to see you slaving at your computer. How is that Facebook, Tumblr, Twitter going?
Smoke and Mirrors gives way to all hands on deck the ship will crash. To have companies sit on TRILLIONS of dollars of in-invested profits doing nothing but swell the pockets of the Riches while the Poors are below deck wondering where the parity is will not last, or at least hopefully. The State of America shows a state of ill repair.
Even Steven Rattner, who was once an enemy of the very people whom have now embraced him commented on this as well. Creating Jobs is not Creating Wealth. His editorial on the fake JOBS Act was not about Jobs but about ways that Silicon Valley could tap into more money and investments without having to follow those pesky laws and regulations. That bill is another illustration that the Wall Street to the West, Silicon Valley is not much better in wrapping bullshit in fancy paper. They are equally vile and to say that they are "changing the world" as justification for their greed is utterly not transparent. Right Mark Zuckerberg?
I have Rattner's column linked here and below the cover story regarding the JOBS act. I am going above deck for the last dance. The band played as the Titanic went down, that is really swell. I wish I was a swell then I could get a life jacket at least.
Recovery in U.S. Is Lifting Profits, but Not Adding Jobs
By; NELSON D. SCHWARTZ
Published: March 3, 2013
Leilani Karp, Los Angeles
"I realize empathy or respect towards lesser beings are signs of weakness in business and politics, but at long last, all of you 'Job Creators' ... have you no shame?"