Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Amy J who wrote (180882)	1/18/2004 4:55:02 PM
From: i-node	Read Replies (2) \| Respond to of 1571903

>> Hi Tejek, good post The most interesting aspect of these posts? 3 of the 4 were from before the end of the Clinton administration. That period the Left likes to claim represents the longest period of economic expansion in history. Clinton, the man the Left drools over. It isn't about the president. It is about a liberal Congress and the legacies of the New Deal and the Great Society in which the concept of self-sufficient individuals gave way to the government dole.

To: Amy J who wrote (180882)	1/18/2004 6:34:06 PM
From: tejek	Read Replies (1) \| Respond to of 1571903

Hi Tejek, good post. Those indeed are the facts. Until society accepts those facts, there will not be a solution. Any increase in a rich person's wealth is nearly always due to investments, because wages are a small component compared to investments. Investment gains have a chance of being (percent wise) larger than wage gains. So, I think the solution is to make everyone in America an investor so their gain on a percent basis has the chance of being equally as good. The wealthy increased earnings by at least 10% last year, while the middle class had nearly flat wages. Obviously, the government needs to address this disparity, but in a way that doesn't hurt the growth of the GDP. Amy, I see at what you are getting. How do you suggest people do their investing. Many people don't understand the first thing about investing in real estate or the stock markets. ted