There's an interesting and thought-provoking documentary called In-Equality For All (It's on Netflix) and it follows the former Labor Secretary Robert Reich discussing the grave economic and social consequences that may result if the gulf between rich and poor continues to widen. One of his main points is that a struggling middle class means a struggling economy.
Also, I scanned the thread and for those interested in the voting system watch
CGP Grey's 'Politics in the Animal Kingdom'.
Yes, your vote does matter, and no, you don't have to vote for one of two parties for it to matter. (STV FTW!)
Quote:
Posted by OG
(Post 620049)
What are you some kind of robin hood? maybe if the poor people who lived off of your countries welfare would get off their ass and actually try to find some work they wouldn't be as poor and ****ing desperate as they're now all these people end up doing is dragging down an already broken country.
I'm Australian and we easily have the biggest welfare leaches in the world living in hour neighborhoods and cities trust me buddy you haven't seen what it can all come to if it turns out like it has in Australia.
"Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime."
|
Agreed. It's quite unfair in a way, some people study for 20+ years and invest 75% of their time into what they do and helping others, only to be taxed 47% and put under constant stress for freeloaders to cruise through life without lifting a single finger :(
Quote:
Posted by Fulgore
(Post 620027)
It's hard to dumb it down any more than this. People are going to keep complaining about the lack of jobs while taxing the rich and fail to understand the connection between them...
But like I said, that's the last word on economy. Logic has no place here apparently.
|
No.
A man who earns $1000 000 might only need 10 T-shirts, and will buy 10 T-shirts (1 T-shirt = $10), and therefore inputs $100 into the economy.
If we find 10 people who earn $100 000, who each need 10 T-shirts, 10 people * 10 T-shirts * 10 dollars = $1000 into the economy. The first man holds $1 million, and the 10 people collectively hold $1 million.
If we tax the millionare 10%, and that 10% goes to a government job, hey, another person has $100 000 to spend! Yay!
Then, we can have 11 people who earn $100 000, who each need 10 T-shirts, 11 people * 10 T-shirts * 10 dollars = $1100 into the economy. The first man holds $900 000, and the 11 people collectively hold $1.1 Million.
Equality!
A millionaire is not going to buy 100 T-shirts, but those 10 people did collectively.