Some thoughts: Why do politicians always refer to "the Middle Class" and never mention "The Working Class." Is it because their constituency is offended by the idea of work?
Companies cannot stay in business if they do not make money. That is how jobs are lost. If your steel mill can't make money, it just might be your fault.
Why do people hate corporations? Corporations provide the goods and services we all need. I have lived in the village economy where it takes someone three of four days to make a pair of shoes that no one in the village can afford to buy. It sucks!
A lot of US companies make good earnings abroad. They tend to lose money on goods made and sold in the US.
Just who owns these corporations? Foreign investors, retirement funds, peoples' IRAs, my deferred comp account. It is us, the people that own them. When I hear people use the term "corporate greed" I know they failed economics.
Why do jobs go overseas? Well when companies cannot make it here, they go on the block and get sold to foreign investors. They don't buy companies to deal with truculent labor unions, onerous government regulations and rapacious taxes. No, they buy companies to make money and employ their own people. The product may look the same and have an American sounding name, but if you want to know who owns the company, look at where it is made. Before you complain about a company going overseas, find out who really owns it.
Who are "da rich" that are supposed to pay all of our bills? If we confiscated all of their wealth, we wouldn't make a dent in our national debt. The truly wealthy now live in the Middle East or Far East and are well beyond our taxing authority. No, the rich didn't leave, but their money did. If a nation buys enough cheap plastic gee gaws and doo dadds from China and overpriced oil from the Middle East, pretty soon they have most of our wealth.
Why does the government and the fed keep fiddling with the money supply? They make borrowing dirt cheap for the banks. Then the banks loan the money to China who uses it to buy up more of our industry and real estate. The government has stimulated the economy -- of China.
Some of this phoney money gets loaned back the people in the US through credit cards with really usurious rates. Before you do business with a bank, find out who really owns it.
The stock market looks good, but it is driven by inflation. People are looking for ways to protect their personal savings from inflation. The government and the fed cannot continue to print money without provoking inflation. When inflation takes hold, people have to spend their money or invest it before it loses value. This leads to hyperinflation. Pretty soon the currency is worthless. Remember Germany in 1923? Zimbabwe?
Am I better off now than four years ago? The answer is no. However, I have hope. We are sitting on a gift from God, shale gas. When we kick the imported oil habit, things will get better.