Kasz216 on 23 October 2011
| steverhcp02 said: What i find funny about people who blame Unions for economic demise: For every 1 lazy scrub there are 99 hard working people in safe conditions working hard, being protected. Yet they point out the one lazy scrub to demolish everything unions have done for this country. For every 1 millionaire....excuse me "job creator" that invests money in his company there are 99 who pile money into trust funds, yachst, vacation homes or savings accounts. Yet they love and point to that 1 as reason why trickle down works. Supply side economics is utterly wrong. Giving the widget maker more money to make widgets doesnt work when there is no one to buy the widgets. You give the consumer money to buy, businesses need to produce, you give the CEO money why would he/she waste it on excess stock and production costs when the consumer isnt in a better position to buy the goods? |
Additionally.... rich people don't use savings accounts on any significant level... which makes me question your credentials in how rich people use their money.
Outside that you've mentioned consumer goods, which are EXACTLY what you claimed helps the economy grow.... (though it doesn't) and then Trust Funds...
Which are pretty much always largely stocks and or bonds....
aka investments.
