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.