Creating Wealth ? -or- Redistributing The Wealth !
On Mar 24, 12:24*pm, wrote:
On Thu, 24 Mar 2011 11:48:38 -0700 (PDT), bpnjensen
wrote:
Who created the Microsoft Wealth? *Without Bill Gates, who would have
created personal computing that would become a world wide success.
He did not create it so much as concentrate it. *Now, he's beginning
to spread it around again...but still, not creating it.
That's true
His web of business is a job producer---but as you say concentrates
wealth into his hands
Gates is unique
The top 400 WEalthiest familes in america own/control about 95% of all
the wealth. *Since the late 90's (under GOP congresses) they have
amassed hundreds of billions of dollars---yet "created" few businesses
that create jobs.
They were allowed to make billion by "keeping their money" (literally
tax free) and using it to create more wealth on Wall street. *It's the
Ideal "dick armey" goal. *
Yes. Demonstrably true in every regard. Not the whole story, but a
big part of it.
|