Regardless of the reintroduction of trickle down economics by the current governor and his corporate handlers, the fact remains: consumers drive the economy, by creating demand.
In short, people want something. Businesses step in when they feel they can produce this something and they can make money doing so.
Companies hire employees to produce this something, and these employees then get paid enough (theoreticaly, at least) to be able to afford to purchase these things. Companies then make money by selling these things. Everyone is enriched. The economy is healthy. It can support infrastructure and services. And this begins to look like a viable society.
I think government can best support this process by supporting the worker: give the worker tax breaks; give the worker a living wage; allow the worker affordable health care; provide the worker with strong educational opportunities.
All these things give the worker greater purchasing power: They can pay off mortgages, afford health care, buy a new car, go fishing, go out to dinner – reinvest in the economy. The worker creates the demand, is able to pay for it, businesses provide it, and the economy is stimulated.
On the other hand, Governor Scott Walker’s corporate welfare programs focus on diminishing workers’ purchasing power in every way possible: giving tax breaks to those who can best afford to reinvest in society, allowing corporate health care systems to promulgate ever increasing costs without restraint and rejecting a national health care system on arbitrary grounds, limiting educational opportunities across the board from Kindergarten through post-secondary opportunities.
Corporations get financial breaks for just showing up and meeting a minimal set of requirements. They take away and do not give back, and they get to do it while ignoring environmental and social equality concerns.
Can we not see that this economy is doomed? That this society ultimately enriches no one?
Corporations don’t create a viable economy, people do – by having dreams for their children, for their communities, for a better life, and by having the money to invest in these dreams.
Corporations and ALEC have been paying politicians to betray these dreams. How much money and power is enough? Can’t they protect the environment while running an efficient business? Can’t they treat people with respect while making profits? Can’t they ensure that their workers have access to education and health care? Apparently not.
Walker is their puppet, and a very good puppet, indeed. He does whatever they want. He routinely stretches the truth beyond believeability; he turns citizens against each other to avoid addressing the very real concerns of ever-escalating health care costs, the lack of a living wage, and the hope for a comfortable retirement.