Quote:
Originally Posted by ironworks
Both thoughts seem totally logical.
But to think somebody with minimal cash is going to outspend some guy with money is illogical.
Just think of the people the 1%ers in my shop employ, well my 8 employees, the welding supply and repair store, the garbage man, my landlord, power company, all my parts suppliers, the drivers who deliver parts,the scrap metal guys who pick up the scrap, my laser cutter and machinists, plus all garderers who work for everyone listed above, and the painters.
You could carry that even further to the people we spend our profits from the 1%ers on, race car parts for my hobby stock, all the way down to the rawhide bones my widest dog consumes at a ridiculous pace. Somebody had to make that thing for the dog to chew. To the guy building my swimming pool to the guy I buy my gasoline from.
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This is why I said the Mkelcy doesn't understand who really creates jobs - which in turn creates taxes...
Obviously the 1% is not the driving force for the economy - it's probably more like the top 30%.... The point is - it's not the bottom 50%. My MONTHLY budget is about what most GROSS per year. And it employs an awful lot of people. That's not bragging - it's just a fact. So think about that -- I'm equal to about 12 people in spending. The difference is I'm not just buying basic services and groceries etc.
I just don't think some folks realize where their income comes from. And when I hear this constant attack on "wealth" I know that it's from someone that has no understanding of an economy.
BTW --- YOUR GARDNER DID NOT CREATE THE JOB --- The guy that employs your gardner did. A gardner with no employer doesn't create anything.
What I dislike the MOST about the current POTUS is his constant class warfare attitude. He is SUPPOSED to be the POT UNITED States... not the "we against them" people.
I would also invite folks to actually look up who pays the "lions share"
of all the taxes collected by the IRS. It might surprise those that think the top earners aren't doing their share. I beg to differ. But that's not really an argument. All the polls that I've read have said that the 1% don't mind paying higher taxes. What they do care about is the growth of the US budget and what's behind that growth. And that they want to see more constraint.