Is Now the Time for this Change ?
By WJ Anthony
Today the AFL-CIO unions held a march of thousands of workers on Wall Street to demand that the banks and investors who benefited by the government bailout should now invest that bailout money to create jobs.
One year ago, we posted an article that proposed an unusual idea. After you read the following synopsis of that idea, be prepared to ask the question, “Why not?”
If you are an unemployed worker, . . .
or an employer, about to lay off workers because a foreign competitor in a low-wage country is grabbing your customer market, . . .
or you are an entrepreneur who is ready to produce a great, potential product but are worried that a competitor in a low-wage country could market an equivalent product with lower wage costs and grab the US customer market for such a product, . . .
You may find a surprising answer.
The government didn’t hesitate to fund the bailout of major banks. Might the US citizens and Congress find a reason to have our government bailout US employers rather than lose their job opportunities?
During the past three decades, many employers have gone out of business because low-wage employers in foreign countries can produce equivalent products at a lower wage-cost and sell them in the US at a lower market price.
If the federal government were to pay the wages of all employees of all employers in the United States, would employers agree to that?
Would the government control employers? Would employers lose their independence under government control? Are employers in the US now independent from government control? Are they free from Labor Department regulations, OSHA, Workers’ Compensation, income taxes and other taxes, insurance, fair employment practices, fair labor standards, etc.?
Does the customer or public now pay the final cost of fulfilling the conditions of all regulations when a product is purchased from the employer? Would the cost to fulfill those regulations still be paid by the customer?
Would the government tax the profits of the employer? Does the government tax the profits of the employer now?
Why might the American people agree to give the federal government the responsibility to pay the wages of all workers in the United States?
Most Americans want to have business and industry that provide the products, goods and services that enable them to pursue those unalienable rights that were described in the second paragraph of our Declaration of Independence.
Today, a world of merchants trade in money and probabilities, many of which are not backed by physical or marketable goods or services. Some use a form of unpublished promissory notes to pay a pledge, based on whether a trend or policy will cause or not cause some aspect of what might occur by a specified time.
Those merchant-gamblers were said to not be the lowly riffraff of horse race losers or back alley poker or pool shark scalpers. Congress identified them as chiefs of banking or industry.
Meanwhile, thousands of workers have lost their jobs, because the moneymen were not paying attention to the production and distribution of the goods and services that humanity needs. Instead, they gambled with their Midas addiction of financial profit as their main concern. They flaunted their egocentric notion of using the government-military-industrial-financial complex to build an empire; but knew or cared not about the premise on which an empire like Rome succeeds – “feed the masses or fall”.
In a money-based society, workers are willing to engage in the tasks that produce and distribute the goods and services that the people of their republic, nation, or empire need. Human ingenuity and creativity discover and produce new applications that are essential for a free people to enhance their pursuit of happiness, even amidst difficulties that crop up in each new day.
The role of private employers is essential to organize the workers who produce and distribute the vast amounts of goods and services for public consumption. In a money-based society, the workers also purchase the goods and services that comprise their standard of living. Workers will perform their duty in the best and most efficient manner if their wages enable them to afford the ability to purchase an appropriate standard of living for themselves.
Honest employers have historically accepted a great responsibility in employing workers. However, if an honest employer cannot meet the responsibility to pay the wages of its employees, workers will reluctantly be forced to look for another employer that can meet their wage needs. The unfortunate result is that the enterprise of such an employer will fail or fall, and the goods or services that it produced to serve the public will no longer be available to consumers.
Now is the time for Americans to ask if our system of money–based economy should be changed.
Is it our right to give our government the principles and the powers to organize the appropriate production and distribution of goods and services that will support our safety and pursuit of happiness?
Could the present threat of economic collapse be stopped if our government assumed the responsibility and authority to pay the wages of all employees?
Could employers restart their operations, if they had shut down their business and laid off workers because they could not afford to pay the wages of their employees?
Should we relieve employers of the responsibility of paying the wages of their employees and assign that responsibility to the government?
If we transfer to our government the responsibility to pay the wages of all employees, could employers invest the money that they would have otherwise spent in wages, to upgrade their products or services to a competitive quality that consumers would prefer and buy?
If employers had no necessity to pay wage costs, would employers choose to move their business operations to a low-wage area?
Did most employers, who moved their operations to low- wage areas, choose to do so to avoid paying the higher wages of American workers?
Would those employers have remained in the US if the government had relieved them of the responsibility and to pay the wages of their employees?
Would employers lay off American workers or move their operations to low-wage areas if the government assumed the responsibility to pay the wages of their workers?
If an employer is freed from an obligation to pay its employees, the employer can focus on its primary responsibility - to efficiently serve the public good.
Can an economy be better served by such an arrangement, rather than by the present assumption that employers are responsible to pay the wages of its employees?
If some patriotic Americans may respond to this idea with an assumption that doing this is evidently socialistic, they may need to determine if that is legitimately good or bad.
If a money-based government allows financial stock investors to strategically wager the sustainability of the nation’s complex of Gross Domestic Product and cause the economic and social collapse of the nation’s commerce and destroy the unalienable Rights and lives of American workers without governmental interventions, is such a government behavior “deriving its just powers from the consent of the governed” as is said in the second paragraph of the Declaration of Independence or as Lincoln said “of the people, by the people and for the people”?
American workers did not choose to participate in that collapsible era of the past decade. They faithfully devoted themselves to their work, but the monetary controllers of corporations assumed no responsibility for the workers or the public good. Instead, the government allowed banks and corporations to privately strategize the maximizing of profit for their board of directors and corporate investors.
Even though workers are indispensable as society’s primary consumers, American workers were left without the right to influence the determination of corporate policies. The workers were not the controllers of those corporate gamblers who caused the economic collapse.
The day has arrived when all workers of America need to realize our jeopardy and our need to secure our economy by empowering our government to fund the payment of all wages for American workers. Honest employers will be encouraged to continue their enterprises. The livelihood of their employees should be based on living wages.
All employers should be encouraged to have a satisfactory profit beyond their costs of production and should be taxed appropriately to encourage them to continue their efficient production, growth and innovation.
The income of workers should be taxed at an appropriate level that would encourage and not jeopardize their motivation to excel in their performance and innovation.
The government cost of funding the wages of workers could be fully returned to the Treasury by the continuing taxes of employer profits and wages of workers.
The plan to have government pay the living wages of all US employees will encourage and satisfy the entrepreneur trait of employers and inspire the innovative diligence of workers. The plan can satisfy consumers, and the public good without strife.
We are at that historic crossroad of economic success, and a plan, such as this, needs our consent.










Recent Comments