|
|
Harley Meyer Independent for US Congress 7th Congressional District Arizona What do you want to do and where do you want to go? |
|
|
Harley Meyer Independent for US Congress 7th Congressional District Arizona What do you want to do and where do you want to go? |
In every country around the world international trade is controlled
by some form of monopoly.
These institutions make 40% or more net profits, pay low wages, have
large market share and sell their products at top dollar in the US
market. A major problem with too many monopolies is that
they take too much circulating money out of the US economy.
In other words, they create a situation where money does not change hands enough
to buy other goods or services. This creates an unhealthy economy and places downward
pressure on earnings, on re-employment of the unemployed and shrinks the middle class.
This is a structural problem in the global economy and
if it doesn’t change; all government economic stimulus packages will be
temporary, unemployment will go back up and tax revenues will continue to
decline. In other words, the economy will enter a long term trend towards
contraction instead of growth and there won’t be enough revenue to pay for
Medicare and Social Security entitlements.
