Last time I checked, more people with increased buying power is better for everyone. Yes, EVERYONE. More people with buying power = MORE PRODUCTS PURCHASED, MORE MONEY FOR SMALL AND LARGE BUSINESS, AND MORE REASON TO INCREASE PRODUCTION AND JOBS. The world doesn't revolve around the sale of multi-million dollar mansions, $100k 103" plasma TVs, and half million dollar supercars. It's not only the "successful" people earning 6 figure salaries making the Toyota Camry the highest selling car in the US.
Not exactly. I'm pretty-well schooled in Finance and Economics. What you speak of is a socialistic model... and I say that not to start the politics about it or somehow demean it. There's a very simple comparitive that I was taught about the economy and how money work within it. It's like studying or doing homework or just work at the office... Working for 10 minutes 6 different time throughout the day is not nearly as affective as working for an hour straight.
Taking $10,000 from somone and give a 1,000 people $10 has not even close to a similar impact on the economy.
The problem with all this stuff is that so much of it sounds so nice... just give so that everyone can be happy and all that. I know, it's all great, but the reality, and at the end of the day, reality is what we're faced with, is that it simply does not work.
Remove the motivation, the carrot if you will and the wheel stops turning. Oddly and ironically, the ones who think everything should be taken from the those with more never ever give credit to what they already give... they equate the benefit only on dollars... not the fact that they create jobs, sustain jobs, and allow others to create a living for themselves.
