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Old 05-12-2008, 11:02 AM
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StormanNorman StormanNorman is offline
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Join Date: Jun 2006
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Quote:
Originally Posted by Tileman View Post
People are forgetting 1 very important thing...

The rich do NOT put their money in a bank, under a mattress, in a cookie jar, but instead reinvest it back into the economy. The rich are business savvy, know how to make companies grow which nearly always makes employees happier (especially if they invest into the company they work). The rich keep the cycle of money circulating at a fast speed.

The government instead uses tax money taken from rich to redistribute wealth, promote a welfare state, reward laziness and increase the size of a beurocracy by hiring 3 people to do 1 job which provides almost nothing of value except killing time...
In some sense, I agree with what you are saying here. But, we still need to be careful that the wealth distribution doesn't become too skewed and uneven....which I believe is the natural tendancy in a Laissez-Faire system. Our country has achieved what it has because of the middle class; the more people that can have a positive impact and can contribute, the better. That is why places like Saudi Arabia and others....even with all of their wealth can't compete with us....too few people contributing to their society.
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