To understand Wal-Mart's economic significance, the concept of wealth must first be understood. Economic progress means an increasing level of wealth, both for the individual and for the entire economic system. Wealth, in an economic sense, is material goods that have been produced by human labor. This includes cars, houses, lipstick, silverware, garden hoses, television sets, and anything else that has been taken from nature and changed by man into something that is more valuable to man. It can include land or natural resources to the extent that humans perform labor to make them useful.
Yes, Walmart has made the owners very wealthy and allowed them to vault into an exclusive club.......the top 10% of this country. Did you know that the wealthiest 10% of the country control more and more of its "wealth".....at the expense of the rest of us? That's right, dude, your president just made them richer by putting into place the most provocative tax cuts in 20 years. Obviously you didn't know that because you wouldn't be acting as a shill for them. Its amazing how they get you patsies who don't belong to the top ten percent to do their dirty work.
nytimes.com
To learn what policies would create the most wealth is the most fundamental concern of economic science. It is not primarily concerned with consumer spending, or jobs, or interest rates, but with wealth. And it is not about how to make some particular group wealthier; rather, it is about how to make the entire economic system wealthier. It is no coincidence that one of the most influential economics books ever written is titled The Wealth of Nations. This innovative work was one of the first to focus not on the wealth of steelworkers, or the wealth of blacksmiths, but on the wealth of entire nations. We should use this same focus in deciding whether or not "Wal-Mart is bad for America
You must be talking about tax cuts:
Message 22412628
Frankly, I don't like shills.......to me, they are like pimps. Please don't post back. TIA. |
