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Post By
mjyoung

In Reply To
Would be Watcher

Location: Canada
Member Since: Sat May 17, 2008
Subj: Re: I'm not an economist at all...
Posted: Thu Mar 11, 2010 at 06:54:44 pm EST (Viewed 735 times)
Reply Subj: I'm not an economist at all...
Posted: Thu Mar 11, 2010 at 04:34:23 pm EST (Viewed 759 times)



    Quote:
    ...but isn't contradictory to expect the solution to money redistribution to be an even greater concentration of money into the pockets of those who already have most of it? Wouldn't it makes the problem ever more important down the line with rich being ever richer and poor ever poorer?


I wasn't suggesting that the solution to the redistribution of wealth is giving to increase the wealth of the rich. I was suggesting that the way to stimulate economic growth is by increasing the wealth of the rich and businesses. Economic stimulation and growth is a much different problem what the unjust distribution of wealth.

Many people have the idea that the rich are like Scrooge McDuck. But they don't sit on their money. Rich people invest, they grow the economy. If you want more jobs, give business owners the ability to create more jobs. Which means freeing up their profits.




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