Yes they are.
They are the only ones who can afford to buy things right now.
Thanks to Government interference in everything and anything, the high prices on food and gas is where the rest of us are spending money.
Quick question.
1 million dollars.
Better for the economy if it:
A. Sits in a bank.
B. Is invested in a business that employs 10 people.
Which is it?
You make 1 million in one year the feds get 350,000.00 of that.
It leaves you 640,000.00.
10 employees make around 42,00.00 a year. That come to 420,000.00 a year.
That leaves you 220,000.00 a year.
You still have to pay for their health care, and part of their social security and Medicare.
Then you have operating expenses, of which costly regulations make you pay for new machines or what ever else it might be, depending on the business.
That leaves you with practically nothing, or nothing at all.
This is why we have such a problem, this is why our business are either moving or going out of business.
I forgot to add State Taxes.
Then you have City and county taxes.
Would any of you open a business or hire more employees with all of this expense?