| sperbonzo |
09-06-2011 07:45 AM |
Quote:
Originally Posted by GatorB
(Post 18402884)
That IS the problem. The middle class CANNOT grow as long as the rich are hording money. 70% of our economy is consumer spending. Now when if you take $1 trillion and give it to the top 1% or you take that $1 trillion and give it to the bottom 50% guess who is actually going to spend it in way that will get the economy moving and create jobs? The bottom 50%. The idiot republitards thinks it's perfectly ok for the top 1% to have 95% of al the wealth because they "earned" it. Well guess what, even if you could make a case for that it's an unsustainable system and eventually they won't have any wealth either. It's not healthy for the economy for the top 1% to have that much money. If some dude has to earn "only" $1 bil a year instead of $2 bill well that guy will just have to learn how to live on "only" $2.8 mil a day.
Of course the repubs and the rich are in denial. Just like the rich were in denial about their situations in the late 18th century in France and early 20th century in Russia. How did that turn out for them? But as they say those that ignore history are doomed to repeat it.
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Wealth is a river, not a pie. it is created by new products and services, it is not a fixed sum. If your neighbor becomes rich, it doesn't mean you have less. Wealth in the world is not a zero sum game. And when people talk about the rich "hording" money, in the end the money is actually held in banks, who invest it in loans, etc.... in order to make profit. The rich don't stuff the cash under their mattresses.
Why can't people understand this basic fact? Is everyone so blinded by the class envy crap? Too busy whining about "Waaaaaa! He has more than me! Waaaaaaa!" ?
In the end, it's about freedom, or lack thereof. If you want the state to run everything, to determine how much you can make, what you can produce, etc.... then make your little prison country and good luck with that. You all are welcome to trust in a huge power structure to run your lives. Funny that statists think that people are too stupid and greedy to be trusted with freedom, and then think that the people in government that they give power and legal use of force to enforce that power, are any less stupid and greedy. The only difference between my stupid greedy neighbor and my stupid greedy congressman is that my neighbor can't legally use force to take my stuff.
Personally I prefer Freedom. INCLUDING the freedom to fail.
Carry on.
:2 cents:. |
