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Originally Posted by gleem
Rich people spend more than they have to create wealth all the time, far more than a poor person. People get rich all the time borrowing huge sums of money many times more than they are worth, to go into a project they work to death on and pays off in spades in the end.
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Right... "to create wealth". Debt has a role in business. Debt has a role in the economy beyond impressing friends with new gold teeth and 24" spinners on a shitty ex-police car.
Poor people don't spend to create wealth. Poor people don't go into debt to create wealth.
Poor people go into debt to live beyond their means. This is a key difference in the "rich get richer" complaint.
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HA! you obviously have no clue.
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Well said. Who could argue with the guy who calls "speaking in generalities" ignorant as he speaks in generalities about the wealthy or "1%" in his arguments?
Erm... i guess you win?
