tag:blogger.com,1999:blog-8752611264465083204.post296174719592851853..comments2024-03-24T17:01:24.541-04:00Comments on Crazy Eddie's Motie News: Economix blog forgets energy prices plus gas roller coaster updatePinku-Senseihttp://www.blogger.com/profile/16247618351725715844noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8752611264465083204.post-80350087620581205932012-08-26T17:07:49.158-04:002012-08-26T17:07:49.158-04:00What you wrote about is undoubtedly a factor, espe...What you wrote about is undoubtedly a factor, especially during the past 12 years, but it was addressed indirectly and euphemistically by four of the points: Deregulation, Fiscal policy, Changing cultural norms, and The tax code and regulation. Deregulation and tax and fiscal policies made it more profitable to pay higher salaries to those at the top while leaving the workers behind, and changes in cultural norms made it more acceptable to take the higher salaries, to say nothing about looting the companies, their stockholders, their employees, and their customers.Pinku-Senseihttps://www.blogger.com/profile/16247618351725715844noreply@blogger.comtag:blogger.com,1999:blog-8752611264465083204.post-76916808189923700902012-08-26T15:19:10.525-04:002012-08-26T15:19:10.525-04:00Classic study which, of course, out of necessity, ...Classic study which, of course, out of necessity, seems to ignore the impact of banker/broker/billionaire larceny. One can rest assured that the NY Times will always protect the money. At the very best, THE VERY BEST, it didn't help the situation. At the very worst, it was, arguably, one of the prime movers contributing to the 'downturn' and as a small aside, the largest ripoff transfer of wealth in human history. That it will proceed to grow worse is certain: Very few, VERY, VERY few of the criminals who savaged the lives and wealth of too many innocent Americans have been brought to justice and are still out there plying their positively outrageous scams, lies, contempt and general havoc and destructive predations upon those of us who have thus far managed to retain some wealth. That no one is serving time or threatened with consequences has only emboldened these money monstrosities to operate more savagely and ruthlessly. Unknownhttps://www.blogger.com/profile/09216373211686906719noreply@blogger.com