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This topic has moved here: Subject: Rich people are more responsible for jobs than the poor.
  • Subject: Rich people are more responsible for jobs than the poor.
Subject: Rich people are more responsible for jobs than the poor.
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Agree or disagree? I want to see the opinions.

  • 11.28.2012 12:00 PM PDT

I am alpha, i am omega.

I am the last of the primes.

???

  • 11.28.2012 12:00 PM PDT

I'm going to invade your heart like a barn swallow high on milk chocolate and grandma love.

Fairness is only possible within the limited powers of man. Elsewhere, there is only chance.

Thus I refute thee.

Do you mean rich people are responsible for providing jobs? Or they are more responsible while doing said job?

  • 11.28.2012 12:01 PM PDT
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Steam - slamt4stic
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A bit too political hm?

  • 11.28.2012 12:01 PM PDT
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Posted by: ElementalRunner
Do you mean rich people are responsible for providing jobs? Or they are more responsible while doing said job?

They're more responsible for job creation.

  • 11.28.2012 12:01 PM PDT

Some are. Some aren't. Same for working class

  • 11.28.2012 12:01 PM PDT
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Posted by: Methew
I'm gonna leave this here.

That has nothing to do with what we're discussing. Reported for political talk and derailment.

  • 11.28.2012 12:03 PM PDT

Watch out. If I post in your thread, chances are it'll die. I've been cursed, and if I kill your thread, I'm sorry.

Its both true and false.

Some rich people when they take over companies actually fire people to increase profit and work the remaining people to ridiculous limits, others expand companies and create more jobs.

  • 11.28.2012 12:12 PM PDT

Dear tomorrow, Find some sensibility, Respond to emotion.
Dear Politician, Define sagacity,
All chances of survival are beginning to diminish.
Comedy is no excuse for our own blasphemies.
Mass media, Mass pessimism, Mass Denial.
My television tells me to panic, but I don't think I'll listen.
The apathetic force us to persevere, with their backwards priorities.

lolnope

  • 11.28.2012 12:15 PM PDT
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Posted by: IslocStarkiller
lolnope

Please don't reply to this thread if you're not smart enough to contribute.

  • 11.28.2012 12:16 PM PDT
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Posted by: Heart of Stone
Posted by: Methew
I'm gonna leave this here.

That has nothing to do with what we're discussing. Reported for political talk and derailment.

Nothing to do with what you're discussing?

If the rich were responsible for job creation then them having more money would lead to them creating more jobs with the excess funds them have.

  • 11.28.2012 12:20 PM PDT
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Posted by: Methew
Posted by: Heart of Stone
Posted by: Methew
I'm gonna leave this here.

That has nothing to do with what we're discussing. Reported for political talk and derailment.

Nothing to do with what you're discussing?

If the rich were responsible for job creation then them having more money would lead to them creating more jobs with the excess funds them have.

The fact that the rich consume on a higher rate makes them increase the demand for goods, thus creating more jobs. The poor have a low consumption rate, so they don't contribute anything to the shift in demand. The rich raise demand for normal goods. And that's ignoring investment. This is literally basic supply and demand.

  • 11.28.2012 12:25 PM PDT
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Foman is my favorite moderator. <3


Posted by: Methew
If the rich were responsible for job creation then them having more money would lead to them creating more jobs with the excess funds them have.

Realistically, the study made very little sense to me when it came out and still does not.

It showed no strong correlation between tax rates and investment at all - including investment. That includes buying stock.

The wealthy have, and always will, save most of their income and spend little in proportion - especially compared to the poor and middle class. To say that cutting taxes, which increases their take home income, does not increase savings rates among the wealthy seems extremely counter-intuitive given research into money multipliers among income brackets.

[Edited on 11.28.2012 12:25 PM PST]

  • 11.28.2012 12:25 PM PDT