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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (180887)1/18/2004 5:37:31 PM
From: Amy J  Read Replies (1) of 1571795
 
David, that particular disparity that exists because the middle class are not sufficiently enough in the investor class.

( The programs you mentioned - New Deal - were buffers to this disparity at issue.)

Since investments constitute a larger portion of a wealthy person's annual earnings than wages, wealth can grow faster than a wage-only earner.

The disparity exists because the middle class are not sufficiently enough in the investor class. And there are no government programs to accelerate their move into investor class before teh assault on entry-level middle class jobs in say 3 cycles from now.

What do you think about the Soc Sec investment plan? I liked it, even though it was a Bush program.

If you don't get more middle class into the investor class, you'll end up spending even more money on New Deal programs, the very stuff you don't like.

I think middle class America can be turned into global investors. That's the way out and over the fence.

Regards,
Amy J
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