posted on Dec, 9 2012 @ 11:20 PM
Originally posted by EarthCitizen07
That is all middle class status and you are mispresenting my case.
Someone with billions in accumulated wealth is taking money out of circulation and keeping it for himself/herself. That is called hoarding. Then
they use those billions to buy influence within government and keep the 99% perpetual slaves.
It is not rocket science, but you are good with deflection it seems!
If the government does not collect taxes from everyone, especially from the insanely rich, then of course there is no redistribution of wealth, there
are no public infrastructure projects and the ones currently in existance rot away from neglect, the military becomes weak, the schools and
transporation systems become weak....everything becomes weak.
As for the debt it happens because these bilionares and some trillionares hoarde it all for themselves. If the government cannot raise enough money,
don't you think it has to borrow and borrow and borrow??
Ahhh I see the problem. It's quite common these days. You were never taught basic economics. You believe that the economy is a fixed set of assets
that are distributed among the masses like monopoly money. Or a single pie that's cut into slices, with some rich pig taking half the pie and
leaving you with a tiny sliver.
A system with only a fixed set of assets and everyone competing for those assets is called a zero sum game. The economy is not and never has been a
zero sum game. It's total assets are typically growing in size and sometimes actually contract.
For example consider the effect of technology. Disrupting technologies such as the loom or the tractor have tremendous effect on the economy, greatly
increasing it's capacity or the size of the pie. If for example the economy were measured in how much wheat you could grow, developing and
distributing tractors would greatly increase the amount of wheat available, allowing everyone to get a bigger slice of pie.
The ability to develop new technology or new business processes that increase efficiency or open up new access to resources (like the recent
development of fracking), is an economy multiplier that is strongly dependent on capital investment. In other words you need to have a bunch of
stinking rich people with an unhealthy desire to get even richer to take the capital risks in investing in new tech., new business ventures etc.
Even more important you need to have an even large pool of people who desire to be rich and are willing to invest or risk their life savings to create
new businesses. The latter group are the people who do the most hiring in America, small businesses. Small businesses have seen some of the largest
declines in history in the US under Obama, explaining a lot of our current job lossses. Obamacare and the looming tax increases are specifically
designed to crush small business.
I say designed because this is a conspiracy forum and I believe it is a conspiracy. Unfortunately your programmed hatred of the rich is exactly what
your masters want, in order to continue the total destruction of Western civlization. Without the investment capital of the rich, which the useful
idiots want to confiscate and give to the more "deserving", like crack whores and welfare cheats, our economy will continue to slide into the