But, back to the point at hand, it doesnt matter “who controls the wealth” at a given point in time. I can assure you that if you look at that list of 400 people, the majority of them are entreprenuers that started companies from nothing and built businesses that employ 10′s of thousands or more employees. Very few of the names that are on that list today are the same names that were on that list 20 or 30 years ago. Many of those names on that list were people born into middle class or blue collar class families. The point Charle is that in a free society like America, anyone can make themsleves into whatever they want. Rich, powerful, business owner, or anything else. There is nothing stopping anyone from this other than their own limitations. There is fluid movement amongst the economic classes in a free society. Not everyone is equal. Not everyone will be as successful as others. It’s not going to happen no matter how much government we have. Don’t you get it? The more government we have, the less and less opportunity each of us has to move throughout what you lefists like to call the “classes”. More government only cements the currently wealthy people into their positions and makes it much more difficult for new people to move into the ranks of the wealthy.

Think about the contrast of countries. In the extreme, you have communist dictatorships like North Korea or Cuba to name just 2. What is the “wealth gap” in North Korea? All of the wealth in that country belongs to one family, the Jungs. The military guys around them are taken care of. All of the rest of the country is in abject poverty. But hey, you should like that. They are all equal. And eating rats and cats and dogs if they can catch them. They are starving to death. They have roads and bridges and schools in North Korea. Why don’t those roads and bridges result in a thriving economy like Obozo says they should? Do you think that the average North Korean citizen has any shot at improving their lot in life or becoming a wealthy business man or political leader? Ever? Of course not. The only guarantee they have is that they will have free housing, free healthcare, free retirment, etc. Sound familiar? It should.

Don’t you get it, Charle? The greatest wealth concentrations that exist are in countries with bigger and bigger government. This is not “ideologue” stuff. This is reality, dude. This is the lesson of human experience. You should learn it. You should also take my advice and read Thomas Sowells “Basic Economics” the 2011 edition. You really will learn some things.

Charle, all kidding and insults aside, this has been a good discussion and I appreciate our back and forthe. I really do. Thank you.

Have a nice day!

“You can only confiscate the wealth that exists at a given moment. You cannot confiscate future wealth — and that future wealth is less likely to be produced when people see that it is going to be confiscated.” – Thomas Sowell

I’m willing to bet that you’re one of those idiots that believes wealth comes from government, and that economics is a zero sum game. You know, that the economic pie is fixed and that for one guy to have a bigger piece of the pie, he must have taken it from someone else. This is how you think, isn’t it?

Awaiting your response I remain…..

Have a nice day!

“Socialism is a philosophy of failure,
the creed of ignorance, and the gospel of envy,
its inherent virtue is the equal sharing of misery..”
– Winston Churchill

Second, your fantasy economic scenario is exactly that, a fantasy. You’re a typical leftist freak that believes the lie that if we just give the “little people” money, that all of a sudden they are going to need things like food and water and shelter and indoor plumbing and transportation. Why that is so stupid is because people need those things regardless of whether or not they have someone else’s earnings redistributed to them. It’s basic human need that drives a person to engage in enterprise for their own self preservation. And when they are successful at doing a thing, they have surpluses which they may trade to others who have surpluses of supply of their specialty. This is where all economic activity begins. It does not begin with government handing out money like the banker in a Monopoly game. And the economic pie is NOT fixed where one person gets a bigger piece at the expense of someone else. I know this is what you leftists think. I’ve spoken to too many of you on here and elsewhere that have validated what I have said.

This fantasy about capitalism resulting in a downward spiral is breathtakingly ignorant. You must be very young because you have been absolutely robbed by an ecucational system that actually teaches that socialism is better than capitalism, despite a century of evidence to the contrary. This is why more than half the people under 30 years old actually believe that nonsense. Capitalism is an upward spiral for ALL people that has generated more advancement and prosperity for more human beings on planet earth than any other system every conceived by mankind. It’s mind boggling how you can sit at a computer talking with me over the internet as quickly and effectively as we do, and not recognize the astounding accomplishment right before your very eyes and hands.

By the way, low wages don’t cause weakened demand. Saying this implies that if all we did was to make a minimum wage of say $100 per hour, that the economy would soar. Nothing could be further from the truth. How much would a Big Mac cost if the people there were making $100 per hour? You see, low wages are a result of supply and demand among low skilled workers. The more business competition there is for labor, the higher the price of labor goes. It’s BOTH supply AND demand that determine the price of a thing.

You need to read a book by Thomas Sowell called “Basic Economics: A Common Sense Guide to the Economy, fourth edition (2011)” that will teach you the way the world works. I know it’s really hard for you leftist freaks to educate yourselves on with opposing viewpoints, but you should do it. It’s actually quite good for you. It’s why I mostly come to this site, and not others too often. I like to be challenged.

Have a nice day, Charle.

“You can only confiscate the wealth that exists at a given moment. You cannot confiscate future wealth — and that future wealth is less likely to be produced when people see that it is going to be confiscated.” – Thomas Sowell

And far be it for a mental midget like you to be saying that AdT is incomplete and inaccurate. According to you? HA!!!!! You’re sort of a moron, comaboy, with some clever zingers here and there, but nothing of substance. All criticism, no ideas. And for you to put AdT down is a joke, at best, and at worst an indication of the mindset of a narcissist with an overly inflated sense of intelligence and self-worth. Significantly overinflated. You must be a college professor or exist in the academic world. Such thinking is common in the academic bubble.

Have a nice day, comaboy!

“Society will develop a new kind of servitude which covers the surface of society with a network of complicated rules, through which the most original minds and the most energetic characters cannot penetrate. It does not tyrannize but it compresses, enervates, extinguishes, and stupefies a people, till each nation is reduced to nothing better than a flock of timid and industrious animals, of which the government is the shepherd.”
― Alexis de Tocqueville

Mr. de Tocqueville’s positions on American Democracy were as incomplete and inaccurate then as they are today. Stripping a few convenient quotes does not advance your position. It certainly hasn’t advanced your thinking. The message is horse manure Over Matched Guy.