Quote:
Originally Posted by TheSquealer
Its pretty sad that such a large majority of a nation are buying gold grills, designer jeans, iphones, jewelry and maxing out their credit cards with useless crap... then bitching about those who don't.
Rich people invest.
Poor people spend.
That concludes this lesson on Basic Personal Finance As It Applies to Macroeconomics 101. |
Bullshit. Rich people spend tons. How many jobs you think a rich person creates and supports when he buys a mansion, (company full of employees to build it, housekeepers, gardeners, nannies to maintain), boat (company full of employees to build it, deckhands, captain storage & maintenance mechanics to keep it running). I know plenty of people in the 1% and they tend to spend a shitload of money and balance it out with saving some as well.
I know 2 people in the 1% that never made more than 50k in a single year.
Personally I have been in and out of the 1% myself almost 4 times in my career, and when I wasn't in it, I didn't ask anyone to give me money, I just worked harder.
Speaking in generalities like that is just ignorant, the 1% don't tend to stay in the 1% and enter in and out of it many times in a lifetime. That is what has been always so great about the USA, that this opportunity to move up and down exists and is close to impossible in other countries.
You idiots who think no one is entitled to keep the majority of the fruits of his labor are nothing short than jealous GREEDY assholes. Sure a tiny portion of the 1% inherited the money and never worked a day in their lives, they can fuck off, but that's under 0.1% of the population. Both sides of this argument are serving Kool-Aide, but the marxist message seems to have a bit more sugar in it. Drink up losers.