The quandary of the economic dilemma continues. A globe suffering from a deflationary financial impact,
while consumer prices rise well above the reported cost of living increases, does not bode well that prospects of commercial
growth can rescue the world economy. What changes can overcome this predicament? Well, some academic scholar’s offers
serious concern that a long term rebound towards prosperity is no longer possible.
The working poor suffer disproportionately from the offshoring of high paying jobs. The upsurge an hour
in the minimum wage economy is the net result of a consorted effort to lower the standard of living of not just the struggling
impoverished but for all scrambling households. When the communist manifesto advocated a progressive income tax, the proletariat
was supposed to get a sliver of social justice. Just how well did that hogwash turn out?