If you are Rich, spend SOME of your money, damnit! :)

Discussion in 'Economy' started by Care4all, Feb 12, 2009.

  1. Care4all
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    Care4all Warrior Princess Supporting Member

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    I heard this woman being intervued on one of the 24/7's that had a book on the very top of the NT TIMES best seller list for the past 7 weeks....

    Anyway, she told the host that Americans should NOT go out and spend their money as the gvt is suggesting...and she said if we get a stimulus check, we should save that also, because if you have a job now, doesn't mean you will have one a year from now.

    GOOD ADVICE

    so then the host says, WHAT, i thought it was important for consumers to start spending again?

    And she said, paraphrased, "There are enough RICH PEOPLE in this country who do HAVE MONEY TO SPARE and SHOULD BE SPENDING their money in the economy, if they want to benefit and get richer, in the long run. She said, I NEED TO SPEND MY MONEY and my friends need to spend their money, but the middle class and the poor should not."

    That the wealthy don't need a stimulus to have money to spend in the economy and they need to stop being tight wads and start spending some of it instead of hording it....

    What do you all think about that.....should we save whatever stimulus we get and should the wealthy with alot of excess money start spending some of it instead of hording it?

    Care
     
  2. wimpy77
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    wimpy77 Member

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    you're not gonna get a stimulus check like last year no.1, but she is right at this point people are not going to spend what they get. they're going to savie and at this point they should.
     
  3. Care4all
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    Care4all Warrior Princess Supporting Member

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    but what about the people that do have alot of money to spare? Do you think she is also right on that too, and they should go out and spend some of their money to help the economy? buy the wife a new diamond necklace and the guy another bigger flat screen and the woman a pair of Prada pumps and the teen son the new mustang convertible, after the weekend in Scottsdale Arizona at the Marriot Golf Resort?
     
  4. Diuretic
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    Diuretic Permanently confused

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    The rich don't have spending patterns like the rest of us. I think for many of them money is a sort of totem and it has totemic value. The point is in the acquisition and maintenance of wealth as part of their self-identity. Spending it isn't really central to their whole worldview. That's why, essentially, the rich are useless to an economy :eusa_eh:
     
  5. Charles_Main
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    Charles_Main AR15 Owner

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    Yep tell that to people who build their mansions, and luxury cars, and Yatchs, and cater to there needs, be there nannies, cooks, drivers, servants, people who cater to them on vacations at resturants.

    Yep all that is useless to the economy. Absolutely typical Liberal rubbish.

    The Rich not only spend money, the rich provide work for the poor. Not all of us want to live in your world with no rich people. Because as we all know. You can not make the whole world equally rich, but you can make them all equally poor.

    the rich are useless to the economy. To funny.

    Freaking socialists.
     
  6. Diuretic
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    Diuretic Permanently confused

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    Buy a fucking sense of humour, right wing ideological nutbar. :lol:
     
  7. Diuretic
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    Diuretic Permanently confused

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    We need to get that money back from the rich hoarders and spread it around so we can buy mansions, lots of cars, employ nannies (nannies will not get all the money the rest of us get otherwise they won't work for us), luxury boats, helicopters, private jets and all the other good toys! See, the hoarders are stopping the economy being driven by a return to consumerism because they're keeping all the money!

    Either that or we could hunt them down, kill them and eat them. Their choice :lol:
     
  8. mash107
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    mash107 Active Member

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    Consuming is not what makes an economy go. Savings and producing does.

    We had a high savings rate, at one time, and that yielded high salaries and high standard of living during the 20th century, but since we've decided to squander away our wealth buying toys from China, we will have nothing but a decline in the standard of living.
     
  9. del
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    del BANNED

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    hmmm, i am a bit peckish. i say we eat them.
     
  10. Skull Pilot
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    Skull Pilot Platinum Member

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    did you ever think that some people have money to spare because they don't just spend indiscriminantly?
     

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