Who are the job creators? The 1% or the middle class? - Page 2
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Thread: Who are the job creators? The 1% or the middle class?

  1. #11
    Posting Addict Spacers's Avatar
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    Saw this today, it's the "Emergency private sector alert system."

    Mark Fiore
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    Posting Addict Alissa_Sal's Avatar
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    Quote Originally Posted by GloriaInTX View Post
    I don't really think they just spend all their money on things. They also buy businesses. Most of them didn't get that way by accident, they got that way by investing what they had. They invest in a business... a business then has money to employ people. They may not spend enough to hire more people to build cars, but if they buy the company that builds the cars That is how jobs are created. Every job the government creates is a job that is paid for by taxpayer money which doesn't help anything.
    Businesses go out of business without customers, is my point. I don't care how many rich people could invest in a business, that business is not going to expand or stay in business long if no one is buying their products/services. A strong middle class = lots of customers for consumer goods and services. Which is why I said BOTH are important. We may need rich dudes to invest in businesses, but we also need normal folks to have money to spend there. This seems like common sense to me.
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    Quote Originally Posted by Alissa_Sal View Post
    A strong middle class = lots of customers for consumer goods and services. Which is why I said BOTH are important. We may need rich dudes to invest in businesses, but we also need normal folks to have money to spend there.
    This is a little bit like "Which came first, the chicken or the egg?" You can't have a strong middle class without first having wealthy people creating jobs for the middle class.

    ~Bonita~

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    Quote Originally Posted by AlyssaEimers View Post
    This is a little bit like "Which came first, the chicken or the egg?" You can't have a strong middle class without first having wealthy people creating jobs for the middle class.
    Perhaps. You also can't have a strong middle class when the majority of the wealth in the country is increasingly flowing to a very small group of people. There are only so many slices of pie, so to speak.
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    Quote Originally Posted by Alissa_Sal View Post
    Perhaps. You also can't have a strong middle class when the majority of the wealth in the country is increasingly flowing to a very small group of people. There are only so many slices of pie, so to speak.
    That might be so, but you can't take away all of the wealth from the rich, give it to the poor/middle class and expect everything to just work out.

    ~Bonita~

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    Quote Originally Posted by AlyssaEimers View Post
    That might be so, but you can't take away all of the wealth from the rich, give it to the poor/middle class and expect everything to just work out.
    It's not really my plan to take ALL the wealth from the rich. Actually, I wish the government didn't have to get involved in income discrepency at all. I sincerely wish that companies would just pay their workers a decent living wage without funneling an incredible amount of the money to the top few people. I'm not saying there should be no income discrepencies between the CEO of the company and the kid that answers the phone or works on the floor, of course there should be. But I do sincerely wish that it was a little less unequal, and that the government didn't need to step in and fix it. So far they really haven't, but letting companies do what they want hasn't been working (it's just led to more and more of the wealth going to the top 1%) so I'm thinking the government may have to do some sort of income caps at some point or something if they really want to save our economy from completely crashing.

    Interesting article about the effects of income inequality and a good graph to show how it's grown and grown and grown since the 1970's.

    How Income Inequality Is Damaging the U.S. - Forbes
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    Nm .
    Last edited by myyams; 11-03-2012 at 12:28 PM.
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    Nobody just "made up" the cut off of $250K-- that is mathematically the top 1%. It doesn't bother you that the richest 400 Americans have as much wealth as the poorest 150M Americans? I assure you. Not all of those 150M people are lazy, unmotivated, uneducated, or whatever else you think about them.....

    The rich are getting richer and richer and richer. Nobody is suggesting that the rich don't make more money, just that to pay for three wars everyone has got to pitch in.

    And Alissa-- I love that Forbes article.

    And it isn't like we have many government employees.
    Total Government Employment Since 1962

    We have FEWER federal gov't employees than we did in 1962. The number inched up in 2010, but that was bc of temporary census workers. The population has grown since 1962--so you'd think that the number of employees would, too. But nope. I don't know why some people think that the gov't is just this growing employer just sucking up tax dollars.
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