Quote:
Originally Posted by gimpy117
Okay im gonna say this:
The poor make more: its will damn well gonna get spent. EVERYBODY will be happier. The economy also moves from increased spending
The rich make more: It sits in their bank account and they get to brag about how much money they make.
what do you want more? People spending, or money accruing interest in some moneybags account?
|
And what happens when the poor are too old or feeble to make anything
to spend? They'll be wishing they had that interest income. Bank accounts aren't just for "Moneybags". They're how intelligent (note I didn't say "rich") people prepare for the future.
The poor are done a far greater disservice by not having that reality stressed enough when they are still young enough to do something about it.