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Old 11-25-11, 10:38 AM   #5
CaptainHaplo
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An opinion piece that ignores simple math....

Working man buys 5 shares of gettinreadytoexpand inc. at 20 bucks a pop.

Super-rich guy buys 2000 shares of gettinreadytoexpand inc. at 20 bucks a share.

The company goes global and makes money hand over fist - paying dividends and watching its stock price multiply by 10 fold.

Working man collects his dividends and makes a nice little profit.

Super rich guy does the same.

Yes - super rich guy just made 400x more than the working man - because he RISKED 400x as much.

Paul Krugman (and most other liberal "economists") intentionally ignore the fact that when you "have more" - its easier to "make more".

Simple and fundamental reality - but in their view - the super rich guy should be giving his extra profit to the working man - just to "be fair".

And they wonder why the economy hasn't recovered with wealth distribution schemes in place...
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