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Message: <blockquote data-quote="dmac1" data-source="post: 2347760" data-attributes="member: 60252">Wow!!!! you like the koolaid, don't you? Until the poor have spending money, the wealthy won't have income. The poor will ALWAYS create jobs with demand. Supply alone doesn't create the number of jobs necessary to maintain the wealthy for any length of time. Ford knew that, and actually paid his workers enough to buy the product, even though at that time the auto was a luxury item. Only when the masses have enough to create a demand, the wealthy aren't needed. What ever gave you the idea that only the wealthy create jobs? That is right wing foolishness. More people of low and moderate income create jobs than the wealthy. Think about A plumber who goes out on his own, is successful enough to hire an assistant, and pay for an answering service. Same goes with every entrepreneur that started a restaurant. I can't believe how many fall for the lie that the wealthy need more so they will create jobs. When pay goes up for the rest of us, we start buying more than just the bare necessities. That creates many times the jobs that just meeting the basics creates. The line about the wealthy was made up about the same time as Reagan and voo-doo economics and the trickle down theory. Tax cuts for the wealthy over the past 3 decades has accomplished nothing but huge deficits for the country. You want a vibrant growing economy? Look back at the 50s and 60s. High taxes that actually encouraged the wealthy to invest instead of taking profit out of the economy and pocketing it. The wealthy paid lower effective rates when they invested profits. The invested back into their business, saved on taxes, but in general had to live a slightly more modest lifestyle, while the profit went into buying new equipment, expanding, and yes, paying higher wages to attract better talent. The investment in facilities, equipment, expansion and personnel created jobs to fill those investments, and thus created demand for goods. The period of forced reinvestment because of high taxes was the time of greatest growth, and this period of low taxes on profit is only encouraging taking the profit out of a business, and spending it on items that do little for the economy, since there is no new demand for goods when profit is taken out of the economy.</blockquote>

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