Beware Of That Trojan Horse

Tim Williams
According to the latest economic forecasts some major businesses are expected to begin hiring more workers. The projected number of newly created employment opportunities are still a far cry to where the percentage of unemployment will decrease to the 4% that we had prior to this financial and economic crisis. That said, most of the industries that are expanding their employment base are either in the high technology, health care, retail, some financial sector opportunities and other service related employment. Nation wide all these increases are but a small fraction of what is needed by business to actually create the economic momentum needed to felicitate economic recovery. Wal-Mart even with it's huge influx of new job growth opportunities[ given the reputation that not only this chain of retail stores has but the stigma that all service related industries has] is failing to provide the wages that in effect does create fiscal stability in local communities. This is a false pretence of economic upward momentum.

Unlike the circumstances that we were in during the Great Depression of the 1930''s this time there is a more sinister and diabolical way our economy is moving. A lateral movement that is primarily orchestrated by the 5% of the wealthiest of the population. The Trojan horse in our economy today is when companies like Wal-Mart, Dollar General, and other name retailers have purposely profited by the increasing number of people who are now being forced into buying those products that only are available from these lower price outlets. They then continue to lure people into thinking that by creating more employment opportunities to keep up with the ever increasing demands is their way of justifying the wages that are currently being offered. This manipulation by these industries in seducing the media and our government that their expansion is good for the United Sates economy is only perpetuating an economic divide unparallel in our history.

When companies that routinely create non livable wage jobs only to benefit stock holders is only a continuation of policies that translates into more people now being forced into buying their goods and services at their prices. What the United States has effectively done with the past and current economic policies has encouraged retail chains like Wal-Mart to expound and expand their dominion over the United States public. This has rendered the whole economy of the United States to gradually succumb into a downward spiral of economic decay.

In the United States the number of middle class wage earners has all but disappeared replaced by the "Wal-Mart type wage earner. In order for this economy to actually produce the number of jobs and the kinds of employment opportunities needed to recover from this current debacle substantial financial reform must take place. One aspect is the separation between commercial and investment banks. This would help revitalize the manufacturing base and other businesses that now would be able to create more jobs because commercial banks are the ones that focus on industrializational businesses. This along with reforming our trade agreements to further stimulate more consumer confidence and buying of domestic products instead of imports. Reducing our trade deficit is paramount in creating the type of jobs that actually stimulate economic growth and stability.


So far the present Administration has not properly tackled the problem of job growth. The stimulus measures that were passed as well as our fiscal policies have done very little in job creation. In fact most of the jobs that have been created are outside the United States. With high unemployment there continues to be more social unrest, more crime, and more debt incurred. The fundamental problem is currently with the measures being done now indicates that job growth is going to be a lot slower. Now the question is: How then is the United States going to remedy a virtual stalemate of job creation with livable wages to stabilize our economy?

In the United States we have lost millions of middle class jobs not only since the beginning of this current economic crisis but for years prior due in fact to our economic policies of the past and present. Training for new jobs is what is advised today but it does not translate into new jobs themselves. There has to be opportunities for those who are retrained in securing living wage employment. The United States needs to create over 5 million living wage jobs and keep ushering in over 4 million more annually just to keep up with demand for those who are first entering the workforce.

In order to actually achieve these goals the Government must initiate a total National Economic Reform Agenda. The United States can't keep applying the same old policies only with different variations to solve the most acute crisis since the Depression of the 1930's. A National Economic Reform with eight articles that entails a 10% flat tax to Universal Health Care are just a few of the reasons why this country will finally be able to resolve and stop this economic slide. It is time that the American public and our Government realize that what we continue to do today isn't working for the benefit of all Americans. Current policies have only made the rich richer, compromised our national security, and rendered the American public helpless in securing the financial and economic stability that most Americans had after World War II and all through-out the 1950's through the 1970's. Our elected officials must put aside their petty differences and unite behind National Economic Reform to ensure that the social and economic opportunities are available for all Americans.
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Tim Williams

Borm in Chicago. Earned a BS in Business Adm. a MA in Economics. Organized The Department of Economic Development for the cities of Brockton and Salem Mass. Author of National Economic Reform, The Agenda, and the Revitalization Plan for the City of Brockton Mass.

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