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There's only one place the rich can keep their money outside of the economy: in their back yard. For a rich person who has billions of dollars, that person would need a HUGE back yard.
Please name one rich person who actually does that.
Yes, I was just going to go there. Also, we have what is called, "The Poverty Industry" which I try to remind people of when they ask about ending poverty, too many wealthy would suffer, so it would never happen: https://en.wikipedia.org/wiki/Poverty_industry
I am not a Democrat, but was and this thread makes me remember why I was not a Republican.
Poverty industry? Have ever considered the fact that the poor may actually NEED those services?
Anybody with a right mind should be a Republican or at least a libertarian.
Quote:
Originally Posted by AnywhereElse
If I recall correctly, most that get food stamps recipients have jobs that don't pay enough to allow them to buy groceries. Of course, the employers paying them these wages count on the taxpayers to supply them with food and often housing so that they can reap maximum profits. Then the argument is, they should get an education, but someone has to do these jobs and the business owners don't want to pay them more and say that will drive up the prices, the lower prices being paid by all of those being critical of the very people that make those lower prices they pay at the retail store, the restaurant, the child care center, etc. possible.
Why can't they choose to work for jobs that pay more? Did anybody force them to work for jobs that they don't pay enough?
Quote:
Originally Posted by AnywhereElse
If "ignorance is bliss", this thread is the "icing on the cake"!
Your answer is not helpful. If you aren't interested in a meaningful discussion, please go somewhere else.
There's only one place the rich can keep their money outside of the economy: in their back yard. For a rich person who has billions of dollars, that person would need a HUGE back yard.
Please name one rich person who actually does that.
Wow, just wow. Really unbelievable. I guess this shows how the Trump cult "respects" Trump for being rich, because they have no clue about what it really means to be rich.
I am a member of the 1%. Guess what, I am creating no jobs, except for our nanny. Almost all our wealth is in investments, which produce no discernible economic output except some portions are taxed as capitol gains and a few portions lead to marginally greater profits for Vanguard, Chase and a few other institutions.
But otherwise, I could sit on my butt and do nothing for the rest of my life, and I would be very well off, and no one would benefit but my family. Non-salary income is very lightly taxed and we have plenty.
This was the first U.S. election in history where the wealthy went against the Republican. This is because the 1% knows a fraud when it sees one. It's the people who are nowhere near the 1% who have this bizarre idea that Trump is how rich people act and think.
I don't for 1 second believe you are a member of the 1%.
Let's for entertainment value assume that's true. Your money in investment is in the economy.
Thank you for proving my point better than I could!
I am blown away that people really think that rich people hording money in largely nontaxable funds produces some discernible economic benefits, but then simultaneously think that super-entrepreneurial immigrants don't create jobs and are drags on the economy.
even though the majority of companies lean to the right - there are just as many who lean to the left- and in the past, all have created jobs for anyone who would work them- regardless off party-
but** all are just as guilty of outsourcing our jobs- causing inflation and making the honest everyday worker not able earn it and make a decent living- -- when did these "right" corps make you rich?
I am blown away that people really think that rich people hording money in largely nontaxable funds produces some discernible economic benefits, but then simultaneously think that super-entrepreneurial immigrants don't create jobs and are drags on the economy.
Exactly. But those same people have been conditioned to worship the rich. "The makers" as they say.
Most poor conservative republicans see themselves as only temporarily embarrassed millionaires. It's how they are able to 'identify' with corporate overlords.
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