Thread: Sinking Economy
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Old 02-28-2006, 09:02 PM   #28
ReginaPerss

Join Date
Nov 2005
Posts
489
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What I said was that it is investors/entrepneurs who are the engine of GROWTH in the economy.

What comes before you can have a consumer? You need a product or service offered, this is offered by entrepreneurs who either invest their own capital or that of other investors. Do you think that people are just standing around in empty lots waiting for restaurants/stores/etc. to spend money in, investors then see the consumer and rush in to build the business around them? No, the business is created first, and in almost every instance a new business benefits OTHER people (by creating jobs and products for consumers) before the owner/investor ever sees a profit.

How about this for "fair and balanced" when it comes to bashing "big business"--I will concede it is perfectly ok to bash "big business" for "obscene" and "excessive" profits if all of those who do that bashing admit it is greedy and selfish of workers to expect to be paid when the business is not making a profit.
What has bashing "big business" got to do with anything I posted?

I don't see how any of what you just said addresses my question about why we measure the health of the economy strictly in terms of what benefits owners and investors instead of what benefits wage earners. I know I'm ignorant but even I know that without workers and consumers no investment will ever earn a dime. Will investors take their ball and go home if we decide that the well being of workers should be the primary measure instead of just an unintended consequence of our economy?
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