Here is a fact you won’t see on any company’s forward looking statements: “Nearly half of Americans would have trouble finding $400 to pay for an emergency“
If you are an owner or stockholder in any company, this should terrify you.
The entire premise of capitalism is based on a strong middle class capable of purchasing goods and services.
The facts are clear: the middle classes around the world are under severe pressure and, here in America, $400 away from disappearing completely.
Meanwhile, Big Business continues an all-out effort to get that last $400 as if nothing was wrong.
It’s no coincidence that Big Business ranks very low on American’s confidence scale while Small Business ranks very high:
We can argue all day about who is at fault, but that’s not going to change the outcome. The system is spiraling out of control, meanwhile Big Business is allowed to pay legal bribes to politicians to make sure there are even less controls and even more tax breaks for them.
This unchecked system has allowed behemoths like Amazon and WalMart to monopolize vast portions of our economy, suffocating the goose that laid the golden egg. Enjoy it while you can, because the end is only $400 away.