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Economy

TonyPDX

(962 posts)

9. I'm not digging at Costco-- I love employee-owned Costco!

Reply to StoneCarver (Reply #8)

Thu Jun 2, 2016, 10:24 AM

Jun 2016

My point is that the rich don't spread their spending around enough to keep money in circulation for the rest of us. They're raking in the cash so fast they can't count it and parking it off-shore. Meanwhile at home they shop in big-box stores-- you can only buy so many BMWs and boats. When small businesses are doing well (and incentives exist to expand), they hire people, who can then afford to buy a new car, go out to dinner, buy some new birkenstocks, etc., and we all benefit.

Costco's great. Having successful small businesses would help more of us.

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9 replies

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Highlight:

Manufacturing Recession Goes Global as Demand Withers [View all] marmar May 2016 OP

Demand follows income which follows wages. Downwinder May 2016 #1

Yep. Too bad the rich mostly shop at CostCo TonyPDX May 2016 #2

Henry Ford knew that mass production required Downwinder May 2016 #3

Welcome to du StoneCarver May 2016 #8

I'm not digging at Costco-- I love employee-owned Costco! TonyPDX Jun 2016 #9

Exactly, elleng May 2016 #4

But I thought they could create demand? fasttense May 2016 #5

Automated assembly lines, robots and kiosks Downwinder May 2016 #6

A study in 1965 showed that extra income Downwinder May 2016 #7