Some wise words from Einstein and Abraham Lincoln.....
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The poorest states in the country are republican. The redistribution has already happened, making the rich richer. No political organization has ever tried making the rich poor - they are among the wealthy, so why would they? Here's reality for you - money spent goes back into the economy. The poorest spend almost everything they get - they have to, just to function in the society. The rich grow their accounts, and just sit on obscene amounts of money. Which empowers the economy more, then, making sure that the wealthy have even more, or ensuring that the poor have a little extra? It's gotten to the point where the middle class functions like the poor. Very few of the middle class has significant savings, yet they do have significant debt. What works out for the poor is thus similarly effective for the middle class. What makes our economy stronger, then? 1
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What's so sad is the fact that people like you have witnessed the results of Big Government entitlement social programs. You have witnessed how it seldom lifts people out of poverty, but makes it a career! It's an incentive for more people to drop out of the workforce and get in on the free stuff. After eight LONG years of this socialistic Big Government answers to all our problems, we have millions more on food stamps, millions more on welfare, millions more unwed mothers on welfare, millions more children living in broken homes. Our Government is 20 TRILLION in debt playing mother and father. OPEN YOUR EYES! Socialism DOES NOT WORK! If you think that the wealth of the job producers just sits in banks, you have no clue how our economy works. THOSE BANKS LEND MONEY TO SMALL AND BIG BUSINESS. THE MONEY IN BANKS IS WHAT DRIVES OUR ECONOMY. No, they don't. Supply and demand. Familiar with that phrase? John Locke wrote about it. James Steuart coined the phrase. Adam Smith covered it in detail. In any capitalist society, that's what drives the economy. If you increase the demand, more gets sold. Supply without demand is the trickle down crap that has failed us since Reagan. The wealthy have all they want, and are relatively few - there's only so much they'll buy. It's the middle class and poor that want more, and make up the vast majority. If you have a product, you can only sell to a portion of the people that can afford it. The more money more people have, the more potential sales you can make. Let's assume I have a product that costs $100. That leaves me with a decent margin. Let's work with a reasonably small number of people, say 1 thousand. Let's assume a huge percentage actually have some desire for my product - 50%. The wealthy can afford all of them they want - but how many is that? Five each? Half of the top 1% in my scenario buy five each. That's 25 sales. I've grossed $2500. Half of the rest of the top 10% buy two each. That's 90 sales. I've grossed $9000. If the middle class can't afford my product, that's pretty much it for sales. I may get a few sporadic sales among them, but if they're honestly struggling, and my product is a luxury item, I won't sell many - on the other hand, if they can afford it, that's likely to be more like 250 more sales - or $25,000 gross. If the poor can scrape it up, there's another 200 potential sales, all other things being the same, for another $20,000. The moral of my little scenario - which is hugely oversimplified - is that demand is the driver, and the more demand, the larger the economy...and it's the vast majority, not the wealthier few, that can create the greatest demand - if they can afford it. I don't care how much the banks loan out - and they won't, if you try and create a business with no demand...unless they are stupid - that does not drive the economy. |
