Tag Archives: prosperity
Upward Flowing Economic Prosperity
The Trickle Down Economic theory proposed by the rich has it all backwards. It theorizes that tax relief of the rich will spur them to move their equity around which will stimulate economic growth. Perhaps it will stimulate further economic wealth for the wealthy but it will have little effect upon improving the standard of living for the average wage earner. The greatest factor for economic growth is consumer spending, not individual prosperity or investments. The more people spend on goods and services the greater demand there is for consumables and products. More demand means expanding businesses. Expanding businesses means more demand for jobs. Continue reading
Prosperity is with the Masses
Henry Ford really had the right idea when he came up with the brilliant idea of paying his employees enough of a living wage that they could afford to buy one of his cars. He clearly understood the concept that you needed the masses of people to become affluent enough to buy more than just the essentials in life in order to have a thriving mass production industry. Customers have always been the lifeblood of businesses. The more customers the better. What better customer base can you have than the vast majority of the population. Continue reading
What if We Didn’t Engage In Any Wars?
A scenario is presented of what the country would be like if we had not engaged in all wars since WWII. The cost of war in both dollars and lives and the disruptions and consequences to veterans and society have been huge. Have the costs of wars been justified? Or would life had been better for us had we stayed out of these wars? Continue reading