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To: ElectronVolt
Those "cut takers" can actually enhance efficiency.

I agree. "Cut taker" is the wrong term. Every person who contributes to the manufacture and sale of a product creates added value (wealth). There are two economic types: wealth creators and wealth consumers.

The largest wealth consumers are government, the health industry and education. There are tons more, of course, but those are the biggies.

18 posted on 12/29/2011 7:49:23 AM PST by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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To: BfloGuy

Instead of health “industry”, I should have specified health providers. The pharmaceutical companies and medical device manufacturers are wealth creators.


19 posted on 12/29/2011 7:50:48 AM PST by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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