To: G Larry; John Valentine
If any redistribution is to be done, it’ll be managed by the 1%. And if any wealth is to be redistributed, it’ll be the wealth of those just beneath the 1%.
A rising tide might lift all boats. But the fellow with a 60-ft yacht wants you scrubbing and polishing it for him, not buying your own.
9 posted on
06/02/2013 6:56:17 AM PDT by
LearsFool
("Thou shouldst not have been old, till thou hadst been wise.")
To: LearsFool
That certainly wasn't Henry Ford's philosophy. He (and Carnegie) deliberately paid employees high wages---Ford specifically so that they could indeed own their own yachts, or, in Ford's case, their own cars.
It is the basic truth of Say's Law, that supply creates its own demand. Always works.
18 posted on
06/02/2013 7:08:50 AM PDT by
LS
('Castles made of sand, fall in the sea . . . eventually.' Hendrix)
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