nate33 wrote:In general, I recognize that automation is going to constantly drive greater wealth disparity and that more measures are needed to try and promote a healthy middle class. It's not going to just happen through laissez-faire. I just disagree with the Left's policies of high tax and high wealth redistribution. Paying people not to work is deeply damaging to the their long term character, emotional health and sense of self worth. We need more high paying jobs, and we need fewer people who are incapable of working in high paying jobs. That means we need to limit low skill immigration and enact policies that promote a tight labor market. I think Trump's formula is working.
It isn't just a healthy middle class that needs promoting, it's the lower classes, too. More high paying jobs? Absolutely, but not just on a middle class scale. Fighting for middle class jobs is basically like fighting to fight for market share in fossil fuels right now. It's a fight over a dying reality. That isn't to say that the middle class is gone forever, but it's evolving, and if we fail to understand how and why it's evolving, it absolutely will die. The middle class needs to grow. It needs to start incorporating more people than it traditionally has, not less. It needs to be more about a zero sum game and leaving others to die in the streets (I know you aren't saying that, but it's basically the end game of ignoring low skill anything).
The middle class needs to be punching up, not down. The middle class absolutely can successfully step on the lower classes to their own benefit right now. And when they've done that, what next? Who are the truly wealthiest going to step on next? We saw what happened to the middle class when the wealthy exploited the lower classes to destroy the middle class. Partially rebuilding the middle class, just weaker, at the expense of the lower games is a great game of spite, but a terrible game of foresight.
I don't know if I love the idea of taxing high, either. I actually think, for better or worse, government needs to get into the game. I think there is going to NEED to be a balance of government competition to private industries in some of the major sectors out there. I don't like the idea of government taxing and then trying to use those tax monies to compensate for the terrible practices of the private sector that offload social and environmental costs onto everyone else. I want to see competitive government and competitive regulation that prevents offloading of those social and environmental costs. Yes, governments have proven inefficient, so I don't want them as monopolies any more than I want private sector monopolies, but there needs to be something there, because it's patently obvious where this leads, given what has happened already. Destroying government, rather than fixing it (and fixing it is a monumental task), is a path to ruin at this stage.