I said in an earlier blog that the political rhetoric, name calling and class warfare commentaries would inhibit the solving of the problems that exist in our society.
To make this discussion even clearer if someone makes a lot of money they either spend it or invest it. If they build a huge house, their money is transferred to the contractors, brokers, furniture manufacturers, plumbers and everyone else. If they buy stock the money is transferred to the seller, it’s not put under pillows. The same is true for money left to heirs, it circulates through the economic system.
The poorer among us don't want to hear about creating more wealth. Unfortunately a dynamic, growing, thriving business community is exactly the recipe that will assure an increasing percentage of the population achieve the so called "American Dream".
To make this discussion even clearer if someone makes a lot of money they either spend it or invest it. If they build a huge house, their money is transferred to the contractors, brokers, furniture manufacturers, plumbers and everyone else. If they buy stock the money is transferred to the seller, it’s not put under pillows. The same is true for money left to heirs, it circulates through the economic system.
The poorer among us don't want to hear about creating more wealth. Unfortunately a dynamic, growing, thriving business community is exactly the recipe that will assure an increasing percentage of the population achieve the so called "American Dream".
