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1 man with 1 billion dollars is not an economy, but 10,000 people with 100,000 dollars is. However the bigger problem at the moment is that the middle class - those that have the money to spend - don't have the money to spend. Hence, demand for products is low, new hiring is low.
1 man with 1 billion dollars is not an economy, but 10,000 people with 100,000 dollars is. However the bigger problem at the moment is that the middle class - those that have the money to spend - don't have the money to spend. Hence, demand for products is low, new hiring is low.
Agreed.
Seems like Lord Romney of Salt Lake would like to see a caste system instituted in this country.
Who is more likely to open a manufacturing facility or biotech startup, a person with $1 billion or $100,000?
Exactly. Why do so many these days seem incapable of thinking further than a month into the future?
When Gordon Moore and Robert Noyce became super rich after inventing the integrated circuit, it sounds like you guys would rather have stripped them of their wealth and distributed it among 10,000 poor people instead of letting them go on to found Intel, which has subsequently employed hundreds of thousands of people over the last 4 decades, injecting billions into the economy in the process.
A perfect example of give a man a fish you feed him for a day, teach him to fish and you feed him for a lifetime. Are there any young people today coming out of government schools that understands this?
Why would the guy with a billion open anything? For what?
Lol...damn man. Don't you guys ever get tired of sucking up to the rich?
Do you want me to state listing all the billionaires who keep investing?
Warren Buffet is rumored to be looking at investing in an airline. Your logic, obviously flawed, is that he should have stopped investing when he made his first billion. Did he? No.
So it's Ok to keep talking about Romney but not Ok to talk about Clinton? Just the daily example of liberal hypocrisy.
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