Tag Archives: rich
Affluence, The Plight of All Things Natural
Affluence is the economic state of having considerable wealth relative to the majority of the general population. Throughout history the powerfully affluent have been responsible for wars, disease, pollution, waste, over consumption of resources, and upsetting the balance of nature. Affluence, by its very nature, perpetuates poverty to provide cheap goods and labor to serve its many pleasures. Wherever affluence exists pollution and poverty are sure to fester where resources, natural or human, exist to feed its voracious appetite for extravagance and convenience. Modern man has existed for some 200,000 years … Continue reading
The Economic Power of the Middle Class
The top 1-2% would like the public to think that they are responsible for stimulating the economy and thus deserve tax relief so that they will have more to stimulate economic growth. It truth it is those who spend not those who are wealthy that stimulate the economy. The very rich spend only a small percentage of their wealth on goods and services. The middle class spends the majority of their income on goods and services thus creating the demand that contribute the greatest share towards economic growth. Continue reading
Posted in Economy
Tagged benefit, Business, capitalism, Economic growth, economy, goods, Henry Ford, invest, investment, job, Middle class, Obama, profit, recovery, Republican, rich, salary, services, spend, tax, wealthy, worder
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ouR Social Conscience 