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Author Topic:   The Hate Thread
Faith 
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Posts: 35298
From: Nevada, USA
Joined: 10-06-2001
Member Rating: 1.1


Message 55 of 67 (861812)
08-27-2019 12:11 PM
Reply to: Message 54 by ringo
08-27-2019 11:45 AM


Re: Response to Percy from thread
We should be trying to restrict how much the rich can steal …

This is one of the most bizarre ideas we hear from the Left. Do those who become rich, say Gates, or Bezos or any of the others, get rich by stealing? Don't they get rich by producing something they are able to sell to huge numbers of people? Where's the stealing? They are creating wealth, their product requires the hiring of huge numbers of employees. There is no diminishing of money, there is a growth of money in society in general as a result of the enterprises created by those who become wealthy.

Edited by Faith, : No reason given.


This message is a reply to:
 Message 54 by ringo, posted 08-27-2019 11:45 AM ringo has responded

Replies to this message:
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 Message 58 by PaulK, posted 08-27-2019 12:35 PM Faith has not yet responded
 Message 62 by JonF, posted 08-27-2019 1:02 PM Faith has not yet responded

  
Faith 
Suspended Member
Posts: 35298
From: Nevada, USA
Joined: 10-06-2001
Member Rating: 1.1


Message 60 of 67 (861818)
08-27-2019 12:53 PM


What an amazing bunch of non sequiturs.

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 Message 61 by ringo, posted 08-27-2019 12:59 PM Faith has not yet responded
 Message 63 by JonF, posted 08-27-2019 1:06 PM Faith has responded

  
Faith 
Suspended Member
Posts: 35298
From: Nevada, USA
Joined: 10-06-2001
Member Rating: 1.1


Message 64 of 67 (861847)
08-28-2019 2:32 AM
Reply to: Message 63 by JonF
08-27-2019 1:06 PM


What I said is how things really work, how wealth is created. It's by creative inventive enterprise, and the creation of wealth benefits the entire society. Trickle down isn't something Reagan invented, it's just another word for this process which brings prosperity to all levels of society. You say it fails. It can't fail. It's just one of the terms to describe how capitalism makes wealth for society in general.

I gave only one scenario for how wealth is created and it does involve the creation of jobs. Even if wealth is inherited society is benefited because it doesn't just sit in someone's bank account, it is always being spent which circulates it. If it is used for projects then it does create jobs. I was answering just one claim, that the rich get rich by depriving the poor. That is ridiculous. There are certainly people who got rich by some form of fraud but even that isn't stealing from the poor.

Edited by Faith, : No reason given.

Edited by Faith, : No reason given.


This message is a reply to:
 Message 63 by JonF, posted 08-27-2019 1:06 PM JonF has responded

Replies to this message:
 Message 65 by JonF, posted 08-28-2019 7:50 AM Faith has responded

  
Faith 
Suspended Member
Posts: 35298
From: Nevada, USA
Joined: 10-06-2001
Member Rating: 1.1


Message 66 of 67 (861871)
08-28-2019 12:49 PM
Reply to: Message 65 by JonF
08-28-2019 7:50 AM


What you need to account for is how we got the wealthiest poor class on the planet, only from fairly primitive unregulated capitalistic practices too. And even now after all kinds of government aid changing the income picture, according to a statistic I heard last night about rates of consumption our poor classes consume more than the majority of people in a long list of countries around the world. I think the source had the word "fact" in it, not Factcheck but I can't remember the whole name.

Edited by Faith, : No reason given.

Edited by Faith, : No reason given.


This message is a reply to:
 Message 65 by JonF, posted 08-28-2019 7:50 AM JonF has responded

Replies to this message:
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