Quote:
Originally Posted by realcoray
I realize now that my statement was too broad, without a doubt there are a lot of people in the so called 1% that pay a higher percentage than I do, and certainly they all pay far more on an absolute basis than I do.
And I agree 100% about most people not putting in the work or taking the chances that you need to take to be successful. This in particular bothers me with some of the protestors. If you make bad decisions you need to take some responsibility for that and I think that is one of the things that seperates people who are successful from those that aren't.
That all being said, it's a fact that the income gap has risen and while you should be able to work hard and/or take risks and see benefits from that, at what point do things get so far out of whack that it is a problem?
I think with the way wages for the middle class have gone down and earnings for the very rich have gone up, we are slightly out of whack. And no I'm not saying you would just take money from A and give it to B, nothing is ever so simple.
However, from an economics standpoint, I will say for certain that if you took 1,000$ from every rich guy, and gave it to a car guy, that the car guy would turn around and spend at least 1,500$ on car parts.
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You need to do yourself a favor and read this little book that was written in 1946. "Economics in one Lesson". By the way, you can get it free! Here's the link.
http://www.fee.org/pdf/books/Economi...one_lesson.pdf
Remember nobody gets rich by "demand", you do it by "deserve".
The word "deserve" come from the rout word "de" which means "from" and "serve" which means 'service". So instead of asking what can I get, the real question should be, how can I serve more so that my rewards will be greater.
PS, if you don't want to read the entire book, just read the chapter on "Minimum Wage Laws"
PPS, listen to this exert from Earl Nightingale "Lead The Field" series where he explain why you earn what you earn and how to increase it. here another free link. I bout this entire audio series 27 years ago when I was 19 years old.
https://www.youtube.com/watch?v=KTFi2nTWnRU
People want more but are unwilling to do what it takes to make them self be worth more.