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by Nutmog
3721 days ago
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Agreed. If they ever spend it, it'll trickle down. If they don't spend it, it'll be increasing the value of all the dollars that everybody else has - they've basically lending money to the rest of the world until such time as they decide to spend what they have, then it'll cause some inflation and the poor people will effectively be paying back that loan. If they never spend it, then everyone else wins. Setting fire to money or burying it in a hole is like donating it to everyone else who also has money. I don't understand what the problem is with a small number of people having a lot of money. What harm are they doing? Or is it simply plain old-fashioned jealousy? |
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Please don't make the mistake of thinking this is jealousy. There are plenty of wealthy Americans who generally oppose the wealth inequality we have today, and I can't imagine they are jealous of themselves for believing that. I think that if one is empathetic to those who grow up in different environments (whether it be of a different race, religion, or income bracket) then the realization is that they should have equal opportunities to succeed. That, in my opinion, doesn't seem very likely if so much money remains at the hands of those in the top wealth echelons.
Could the nation succeed by putting business interests first? Perhaps, but at what cost to the vast majority of its people? To some, that cost is not acceptable.