Ok this is desperately needed around here because apparently some people simply do not realize how these things work. I don't know if it is just economic ignorance or their blinders just refuse to allow them to see the facts of things, but it is a sad reality none the less.
Now before any of you get your panties in a twist and start saying "but, but, but it doesn't have to be this way" well really yes it does. The only way to avoid these simple truths is to adopt a communist policy towards the nation where everyone makes the same amount regardless of what they do.
If you wanna advocate that then go ahead, but the fact is that's not what we have right now so these are simple truths regarding what we ARE CURRENTLY working with.
So here we go, some simple truths:
1) If the rich stop getting richer the poor stop eating:
Now I know that some of you hate this but the simple fact is this. If the rich people who control the major corporations start losing money then they will simply close up shop and everyone who isn't "set for life" will suffer because of it.
Think about it, if Sam Walton were still running Wal-Mart and it was swirling down the tubes would he care? No he's rich. If he has to sell it all off, liquidate the entire corp, and get out with whatever he can he will still be sipping Crystal and smoking Cuban cigars on his yacht.
Meanwhile the poor guy who used to stock his stores to feed his family no longer has that job available. You tell me who suffers.
2) If the rich keep getting richer and richer, the poor benefit:
Now for a moment don't think buzz words like "exploitation" and "wealth distribution" and just think about facts.
Some guy got very rich off of iPods. Now the guy who came up with that idea might be getting 90% of the benefits from that idea and the legions who build those iPods might only be seeing a fraction of that benefit. But, those workers now have a stable job because simply because a guy had a great idea which got him VERY rich.
Everyone benefits, some more than others. But everyone does benefit.
3) You can't pay everyone an equal wage because not all jobs are worth equal money:
Case and point teachers. Teachers have a very noble job, in a noble workplace, belonging to a noble profession. But our best and brightest normally aren't teachers simply because of their pay. Our best and brightest are doctors, lawyers, and businessmen.
So naturally, if we paid doctors the same amount that we paid teachers then we would have that kind of quality fixing your knee, unclogging your arteries, or fixing your brain. Is that what you want? Nope.
4) Now then simple math tells us:
A worker is only worth what a worker is worth. But an entrepreneur is worth the value of his or her ideas. Some ideas are worth more than other ideas, see the Shamzami at 2 am on TV that will clean your car and water your plants for 3 easy payments versus the microprocessor, but regardless of that the worker is only worth a certain amount.
So entrepreneurs have an almost endless ability to generate wealth meanwhile the worker is only worth what the work force dictates him to be worth.
Now given these very simple truths you have 2 different ways of looking at things. One deals in reality and one deals in "it should be like this because its fair."
Realistic intelligent principles says:
A: Let the rich get richer as long as it helps the rest of the population. If Bill Gates could triple his profits and at the same time solve world hunger then that is a good thing.
B: Support the entrepreneur because they provide jobs which drive our economy. Support the rich's efforts to gain more wealth because they will pull up the rest with them. Set a playing field to allow them to invest more and more garnering even more wealth because that creates even more jobs.
C: As long as the rich keep getting richer then the poor will look poorer because the rich can always get richer fast than the poor can. Bill Gates earning 8 billion in a year rather than 4 billion offsets a lot of mediocre raises for the lower and middle class at their jobs. But that doesn't mean its a bad thing.
Now the idealist in you wants to say:
Why should the rich make more money? We should tax them even more and give that money to the poor without considering the fact that the more you take from the rich the less jobs are created and by giving that money to the poor rather than allowing the rich to create jobs, which can increase the stature of the poor, all you are really doing is keeping them down.
See my home city of New Orleans as an example.
We have done that so long that now the businesses wont come here. They used Katrina as a good excuse to get out of jobs. So now the entitlement crowd is back without the entrepreneur crowd to support them.
This is economic liberalism run amock.
This is what many on this board can understand, but refuse to consider because they spend too much time thinking "what should be" rather than "what is."
Feel free to challenge me on any of it, don't forget to bring along your common sense.
Now before any of you get your panties in a twist and start saying "but, but, but it doesn't have to be this way" well really yes it does. The only way to avoid these simple truths is to adopt a communist policy towards the nation where everyone makes the same amount regardless of what they do.
If you wanna advocate that then go ahead, but the fact is that's not what we have right now so these are simple truths regarding what we ARE CURRENTLY working with.
So here we go, some simple truths:
1) If the rich stop getting richer the poor stop eating:
Now I know that some of you hate this but the simple fact is this. If the rich people who control the major corporations start losing money then they will simply close up shop and everyone who isn't "set for life" will suffer because of it.
Think about it, if Sam Walton were still running Wal-Mart and it was swirling down the tubes would he care? No he's rich. If he has to sell it all off, liquidate the entire corp, and get out with whatever he can he will still be sipping Crystal and smoking Cuban cigars on his yacht.
Meanwhile the poor guy who used to stock his stores to feed his family no longer has that job available. You tell me who suffers.
2) If the rich keep getting richer and richer, the poor benefit:
Now for a moment don't think buzz words like "exploitation" and "wealth distribution" and just think about facts.
Some guy got very rich off of iPods. Now the guy who came up with that idea might be getting 90% of the benefits from that idea and the legions who build those iPods might only be seeing a fraction of that benefit. But, those workers now have a stable job because simply because a guy had a great idea which got him VERY rich.
Everyone benefits, some more than others. But everyone does benefit.
3) You can't pay everyone an equal wage because not all jobs are worth equal money:
Case and point teachers. Teachers have a very noble job, in a noble workplace, belonging to a noble profession. But our best and brightest normally aren't teachers simply because of their pay. Our best and brightest are doctors, lawyers, and businessmen.
So naturally, if we paid doctors the same amount that we paid teachers then we would have that kind of quality fixing your knee, unclogging your arteries, or fixing your brain. Is that what you want? Nope.
4) Now then simple math tells us:
A worker is only worth what a worker is worth. But an entrepreneur is worth the value of his or her ideas. Some ideas are worth more than other ideas, see the Shamzami at 2 am on TV that will clean your car and water your plants for 3 easy payments versus the microprocessor, but regardless of that the worker is only worth a certain amount.
So entrepreneurs have an almost endless ability to generate wealth meanwhile the worker is only worth what the work force dictates him to be worth.
Now given these very simple truths you have 2 different ways of looking at things. One deals in reality and one deals in "it should be like this because its fair."
Realistic intelligent principles says:
A: Let the rich get richer as long as it helps the rest of the population. If Bill Gates could triple his profits and at the same time solve world hunger then that is a good thing.
B: Support the entrepreneur because they provide jobs which drive our economy. Support the rich's efforts to gain more wealth because they will pull up the rest with them. Set a playing field to allow them to invest more and more garnering even more wealth because that creates even more jobs.
C: As long as the rich keep getting richer then the poor will look poorer because the rich can always get richer fast than the poor can. Bill Gates earning 8 billion in a year rather than 4 billion offsets a lot of mediocre raises for the lower and middle class at their jobs. But that doesn't mean its a bad thing.
Now the idealist in you wants to say:
Why should the rich make more money? We should tax them even more and give that money to the poor without considering the fact that the more you take from the rich the less jobs are created and by giving that money to the poor rather than allowing the rich to create jobs, which can increase the stature of the poor, all you are really doing is keeping them down.
See my home city of New Orleans as an example.
We have done that so long that now the businesses wont come here. They used Katrina as a good excuse to get out of jobs. So now the entitlement crowd is back without the entrepreneur crowd to support them.
This is economic liberalism run amock.
This is what many on this board can understand, but refuse to consider because they spend too much time thinking "what should be" rather than "what is."
Feel free to challenge me on any of it, don't forget to bring along your common sense.
