Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: E. Pluribus Unum

I believe these figures include real property, which represents money that you HAVE spent — on very long lived items that you are using now.


27 posted on 06/21/2012 6:04:04 AM PDT by HiTech RedNeck (Let me ABOs run loose Lou!)
[ Post Reply | Private Reply | To 23 | View Replies ]


To: HiTech RedNeck
I believe these figures include real property, which represents money that you HAVE spent — on very long lived items that you are using now.

Spent wealth is destroyed in the process, like government spending on union hirelings. Buying real property is not 100% spending, and in some cases is investing. The reason blacks have less retained wealth is because they destroy more of their income on wealth signals, to display to their peers they're somebody. Vanity drives this.


34 posted on 06/21/2012 6:20:47 AM PDT by Reeses
[ Post Reply | Private Reply | To 27 | View Replies ]

To: HiTech RedNeck
"I believe these figures include real property, which represents money that you HAVE spent — on very long lived items that you are using now."

There is a difference between "spending" and "investing."

Liberals are the only people who think they are the same thing.

40 posted on 06/21/2012 6:40:15 AM PDT by E. Pluribus Unum (Government is the religion of the sociopath.)
[ Post Reply | Private Reply | To 27 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson