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Tue Mar 10, 2015, 04:51 PM

 

Soak the Rich? Or Get Our Wealth Back? [View all]

When we had controls on our capitalism, the capitalists needed growth to grow their wealth.

During that time the middle and lower classes shared the growth and the wealth. Free and abundant resources helped the growth. However, when the resources became scarce, the huge combined wealth of the middle and lower classes became a very tempting target for the rich. The rich discovered it was easier to buy some Congress-Critters, get the restrictions lifted, and steal from the middle and lower classes. This was not growth. When the middle and lower classes ask for their money back, they are accused of wanting to “soak the rich.”

When the rich are stealing our wealth (they say “it’s just business) like they did when the banks failed in 2008, no growth results. When the rich run the market up by buying and selling back and forth, it isn’t growth it’s a pyramid scheme that will eventually fall.

But if the rich invest in jobs and infrastructure, that will lead to real growth that we can all share. The government (us) needs to strongly encourage the rich to do just that.

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Reply Soak the Rich? Or Get Our Wealth Back? [View all]
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