Quote:
Originally Posted by GenuineRisk
This. The amount of labor required to build a $100,000 car versus a $20,000 is minimal, compared to the amount of labor required to build 5 $20,000 cars versus one $100,000 car. The middle class will consume more than the wealthy, because there are more middle class. That's more money continuing to flow through the economy, instead of being socked away.
Call the ultra wealthy what they really are: hoarders.
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true.
a million dollars in the hands of a millionaire sits in a vault.
take that million and spread it out to the rest of the country, it gets spent.
it just boggles my mind that people are perfectly ok with pay to the top skyrocketing, while the rest of us are supposed to be happy with the crumbs. that people explain away stagnating wages-while the money is still there, it just goes to the very few now.
what changed? why are the mindsets of the businesses changing? why don't they view it like henry ford, where the workers have to be able to afford the products they make?
i think another round of tax cuts to the wealthy is the answer. it's bound to work eventually.