Thread: Sinking Economy
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Old 03-01-2006, 10:27 PM   #34
bixlewlyimila

Join Date
Oct 2005
Posts
367
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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.
I am a little confused by your post (bolded part).


In Post 18 you stated What drives growth in the economy are investors/risk takers who create new wealth Are you talking investors like the little guy who takes a chance on opening a store or the power trader who started with nothing but grew his money through risky stocks?
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