Tag Archives: wealthy

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

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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

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Vision for a New Nation

It doesn’t take a stretch of the imagination to agree that our government has strayed far from the vision our Founding Fathers had for this nation. So what can we say was the vision of our Founding Fathers? Some wanted a government that somewhat resembled British rule and others who wanted the exact opposite. The Declaration of Independence and the framing of the Constitution and Bill of Rights amendments express the consensus conclusion that the new government should have distributed powers consisting of very cleverly conceived checks and balances allowing no single person or branch of government too much power. The other consensus was that the government should promote the best overall well being of all citizens through elective representative who would do exactly that, represent the best interests of their constituents. Continue reading

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Money – the Means to the End, Not the End

The LOVE of money is the root of all evil. What was true a couple of thousand years ago is even truer today than ever before. Money is used as the yardstick for measuring success. Thus the accumulation of money by the wealthiest is often more important that using it to purchase goods and services. Continue reading

Posted in Inequality, Morality Values, Social Issues | Tagged , , , , , , , , , | 4 Comments

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

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