What's the point of billionaires? O (user search)
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  What's the point of billionaires? O (search mode)
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Author Topic: What's the point of billionaires? O  (Read 11329 times)
Ebsy
Junior Chimp
*****
Posts: 8,001
United States


« on: December 22, 2015, 05:09:23 AM »

Eh... the way I see it, having billionaires (or millionaires) hurts the economy much less than the cost of not having them- if we need billionaires to produce a good economy with stable, attainable jobs, then so be it.

I mean, sure, ideally we could split up their wealth and distribute it, but I think we can agree that this would fundamentally hurt the economy. The way to overcome this would be if the government literally came in and ran the job market. I'm not sure most people would actually want that.
I don't think there is any evidence actually supporting that claim.
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Ebsy
Junior Chimp
*****
Posts: 8,001
United States


« Reply #1 on: December 30, 2015, 07:57:28 PM »

Economically, they provide a point of income stability which prevents mass collapse of the dollar value and thus entire countries. Granted, they also can lead to what is basically economic "red tape" which restricts some commerce and slight labor growths which would also probably benefit the economy.
Did you just type random "economics 101" words and press Post?
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Ebsy
Junior Chimp
*****
Posts: 8,001
United States


« Reply #2 on: January 10, 2016, 01:30:46 AM »

If you were paying that much you'd be against it.  Why do you think you're so entitled to such things when there's children starving in D.C.?  Come join our party since Obama hasn't fixed this issue then! Put your tax dollars where your mouth is.... I love seeing Democrats squirm.
We're squirming because your idiocy is bad enough to cause physical pain.
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