DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Rich People Don't Create Jobs (Economics)

**Ehlgamxf** · 05-19-2012, 01:59 AM

I understand what he's saying, but he gives me the impression that his speech is very one sided. I'm almost confident that someone else out there could make a similar speech arguing the opposite point and be just as right.

IMO, If you have a company owner making $500,000 a year in wages and profit, way more then what is needed to live comfortably, and has 100 employees making $30,000 a year. The owner could certainly help the economy by giving those 100 people a $1,000 raise which would get that money back into the economy, or hire 3 more people at similar wages to create more jobs. He would still be making $400,000 a year in my eyes would still be a very comfortable salary.

The main impression I get from his speech is that he is trying to justify the rich in keeping their money.

05-19-2012, 01:59 AM	#4
Ehlgamxf Join Date Oct 2005 Posts 436 Senior Member	I understand what he's saying, but he gives me the impression that his speech is very one sided. I'm almost confident that someone else out there could make a similar speech arguing the opposite point and be just as right. IMO, If you have a company owner making $500,000 a year in wages and profit, way more then what is needed to live comfortably, and has 100 employees making $30,000 a year. The owner could certainly help the economy by giving those 100 people a $1,000 raise which would get that money back into the economy, or hire 3 more people at similar wages to create more jobs. He would still be making $400,000 a year in my eyes would still be a very comfortable salary. The main impression I get from his speech is that he is trying to justify the rich in keeping their money.
	Quote