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It takes work to create new wealth.

mark14

Council Member
It takes work to create wealth and generally money to make people work. Some people don't seem to be able to accept that

work = wealth = money is not different from work = money = wealth, wealth = work = money, wealth = money = work, money = wealth = work, or money = work = wealth.

If they are an equality the order doesn't matter and increasing one, including spending, can lead to an increase in another something the Tea Party says it does not accept in principle and something Republicans won't accept in politics... unless the source is tax cuts for the wealthy. Unfortunately when the tax cuts are deficit funded and lead to debts that they don't intend to allow the government to pay and use as an excuse to cut other spending it actual decreases available money, work and long term wealth.
 

888888

Council Member
Work does not make you filthy rich, seldom does anyone move into the top 10% mainly do to income. Most people become rich because they use their money to gain more wealth. If you can ever get to the point that your income allows you to invest and the money you invest makes more than you earn in your job, your on your way to becoming wealthy.

Even then your chance of it happening enough to get into the top 1% is slim and you better not have a major problem on you way. But once you get there, you are most likely going to have enough to do what you want.
 

mark14

Council Member
It is the paradox the right wing won't address that many of the wealthy (ie. those with the most money) aren't the ones who create the wealth, which does come from work, but those who control it. Call it capitalism or "The Free Market" but I would argue that it is partly a role of government to balance the equation or at least create the conditions where work , wealth and money are not "redistributed" but equally valued. If you accept that work = wealth = money but 5% might do 10% of the work and have 90% of the wealth then the equation either needs some periodical adjustments or the equation, which is simply an idealization of a economic system we pretend to believe in, simply breaks down and becomes untrue. Economic theory is after all a description of human behavior and choices, not some laws of physics.
 

OldGaffer

Governor
Most of them got their money the old fashioned way, by inheritance, no work, no jobs created, no sweat.
 
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