RE: TED talk: It's the middle class consumers, not the rich who create jobs
May 20, 2012 at 3:22 am
(This post was last modified: May 20, 2012 at 3:29 am by Creed of Heresy.)
(May 20, 2012 at 1:31 am)kılıç_mehmet Wrote:Quote:I have a regular savings. The money I would have gotten back would not have been much but would have gone towards a home repair that we will have to wait on until there's money. Other people, especially a lot of people I know, would have not had a single thought of putting it in savings or putting it into a need (or future need). This is the way of the world.Well, I guess this just shows that the US gov is now low on money, and cannot afford to give money for the most tax related refunds.
..."running low on money?" Kilic, you have NO idea how governments and their treasuries work in the modern age, do you.
Probably too much time jerking off thinking about the hunnic empire.
The US government can print as much money as it wants. That's the benefit of a free-floating currency, it can print endless amounts of dollar bills, and as long as the speculation on it is good, it is valued. And the US economy is, despite what S&P [the same people who said that AIG and Goldmann-Sachs were good investment choices right up to their collapse] says, a constant investment-worthy good-speculation choice. Namely that it is a free-market enterprising nation and that it has shown that even in its worst of economic depressions it still can muster up the manpower and resolve to become an industrial superpower [which the turks have never managed to do...funny...when they collapsed, they simply collapsed and in the last several centuries they've never recovered...yet we did so in only three decades...huh] which later becomes a military and commercial superpower. The benefit of having a free-trade economic system is that even when the top collapses, there's a lot at the bottom eager to take their place, and right now, we're hungering for the top to collapse so that those at the bottom can usurp them. No empire lasts forever, and ones based on money? Even less so.
Now! Yes, the middle class is basically why this country became a superpower. Anyone who believes otherwise is a tool. There's enough historical and economical evidence to prove it. The reason so many jobs exist is because the middle class in this country has had spending money, and they were the largest group by far in this nation. The rich do not spend money. They "invest" it, which does NOT mean they are buying commodities or services; they're putting their money into speculation on businesses that SELL those commodities or services. If there is no middle class, or a shrunken middle class, there are no/less consumers of services/commodities, and the rich need to get their overpriced heads out of their bleached assholes and get with the fucking program and realize that if they keep fucking over the middle class they're going to end up on the streets begging for change themselves, because without the middle class, there is no circulation of money. If they want to play their little stock market game, that's cute, they can go right ahead and pretend that what they do means something, but in truth, it doesn't. Companies cannot exist without a demand, and the middle class, people who have money but not too much money, create that demand. And the more they try to screw the middle class over for their own selfish gain, the more they dig their own graves.
Me, I'm lower class. I don't have money beyond what I can manage to scrape up just to exist. I'm not a part of the game one way or another. So I have a unique perspective; a view from the outside. And I see the middle class getting fucked over by the rich, who think they're being "savvy," but all they're being is suicidal. And really? I hope they fucking collapse under their own weight. I hope one day soon they end up beggars on the streets just like in the Great Depression, begging ME for my change, so I can laugh at them and go "welcome to my life, you selfish fucks!" And then I'll buy them a fucking hamburger just to show that I'm the bigger man.
I really hope I get to see that day. I really do.