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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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Your opinion ignores reality......
Super rich guy buys 2000 shares, working guy buys 20
Getting ready to expand grows big then goes tits up.
super rich guy gets a nice bail out on his 2000 shares because he is big and politicians like him and his friends, working guy gets burnt on his holdings because he doesn't really count for much, then gets stiffed with a tax hike to pay for super rich guys bail out then gets thoroughly screwed with more taxes because super rich guy wants more breaks for his next unable to fail gamble.