A comment from a member of the "one percent" who gets it. It is - TopicsExpress



          

A comment from a member of the "one percent" who gets it. It is not the "job creators" that create wealth, it is a middle class being able to buy goods and services that fuels wealth creation. " An excerpt: "My argument today is this: In the same way that it’s a fact that the sun, not earth is the center of the solar system, it’s also a fact that the middle class, not rich business people like me are the center of America’s economy. I’ll argue here that prosperity in capitalist economies never trickles down from the top. Prosperity is built from the middle out.As an entrepreneur and investor, I have started or helped start, dozens of businesses and initially hired lots of people. But if no one could have afforded to buy what we had to sell, my businesses would all would have failed and all those jobs would have evaporated." Go read the whole thing.
Posted on: Sat, 08 Jun 2013 21:26:44 +0000

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