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

To: Alighieri who wrote (684754)	11/15/2012 1:42:57 PM
From: combjelly	1 Recommendation Read Replies (2) \| Respond to of 1576346

That assumes that they "invest" their wealth in a way that produces jobs. The other, far more credible, theory is that when a vast share of the national wealth is held by very few demand drops...which is the condition we are suffering from now. Besides, there is no evidence that there is a lack of money to invest. All signs point in the other direction. And it does ignore the fact that 70% of our economy is due to consumer spending. Unlike the other sectors, the wealthy only spend a small fraction of their income on consumer goods. So whose income is going to benefit the economy the most?

To: Alighieri who wrote (684754)	11/16/2012 11:05:38 AM
From: i-node	Read Replies (1) \| Respond to of 1576346

>> That assumes that they "invest" their wealth in a way that produces jobs. The other, far more credible, theory is that when a vast share of the national wealth is held by very few demand drops...which is the condition we are suffering from now. And why are we suffering from this condition? Because the Obama administration has created an environment where risk is insane. So, I guess this is it: Create an unstable environment that causes investors to sit on the sidelines, then take the capital away from them so that when they ARE inclined to invest, it isn't available. It almost sounds like a systematic method for destroying a country.