Right-wing Voodoo Economics

The Right-wing Conservatives are guilty once again of using Voodoo Economics.
They have forgotten that most Western democracies live under the capitalist system that depends on consumerism. This means that in order for the system to function and be successful, consumers have to have enough disposable income that they can spend in order to make the economic wheel turn. Somehow it seems to have escaped the great rightwing conservative thinkers that impoverishing workers, will actually take money out of the economy.
Thats why we constantly hear these days, that we need to get credit flowing,
(Banking-not-auto problem) so that consumer confidence can be restored in order to rescue the economy from a recession.
In Canada we have the Industry Minister Tony Clement claiming that auto-workers have not given up enough concessions to make the companies they work for successful.
The rightwing is trying to use this economic downturn (A financial meltdown which has nothing to do with autoworkers) to lower the wages of workers and increase the profits of owners and top executives. Lesser wages means lesser disposable income. Lesser wages also means a lower tax base.

Absolutely no mention of the millions that the top executives make, with the addded luxury of millions more in bonuses and perks. Not a mention. Not even a whisper of millions in bonuses or golden parachutes.
This is a Conservative minister. A rightwinger.
All Tony Clement has accomplished is to prove once again that the Conservatives are the mouthpieces of the rich and powerful, plain and simple. Only Voodoo economic thinking will lead one to believe that taking money away from workers will actually increase consumer confidence.

If autoworkers were forced to give up more of their pay, it stands to reason that they would have less disposable income. This will affect every sector of the economy, because it is a proven fact that autoworkers enrich the communities they live in through their expenditures, through the use of their benefits.
Autoworker wages support many small businesses in the communities they live in, not to mention the services they use or the jobs they maintain through the use of those very same benefits. This amounts to autoworkers maintaining a decent living for all the people who either own these small businesses or provide the services they use.
This in addition to the fact that each auto-job has 7-1/2 spin-off jobs tied to it.

10,000 GM workers' concessions amounted to $148,000,000. Thats works out to about $14,800. per worker.

On the other hand, Chrysler executive Tom LaSorda, the one who just recently used rather incendiary language regarding concessions he expects from workers at the company he works at, made bonuses worth millions, just last year.
Millions in bonuses. One guy. Millions in bonuses!
You think one guy is going to spend any of that money supporting local businesses? How many communities does this guy live and spend in?
How many tradespeople, professionals, dental assistants, podiatrists, restuarants or services can one guy support via his millions of dollars bonuses?
Autoworkers concessions can add up to a couple of hundred millions.
Auto Executive concessions can add up to billions!!
Who do you think the government should be demanding concessions from?
From hardworking Canadians who follow orders or from the Executives who made the decisions that led to loss of market share AND profitted from millions in bonuses each?

Voodoo economics! A specialty of the Conservatives!