"They'll just raise prices if thy raise the minimum wage."

[Jackalope]

I wouldn't look to the 35m salary of Walmart's CEO looking for crumbs for their employees - I'm looking at the 118 billion in gross profits (12 month period ending 31-Jan-14. Increasing their operating expenses by a billion or two is going to be hardly a blip on their P/L statement.

[Heywood]

That's a major problem, that much of the money earned by the super rich goes into a savings account and never funnels back out into the economy.

Do you think the super rich are like scrooge mcduck and have rooms full of gold coins and dollars that they go swimming in? Negative Pickup.

The rich invest their money back into the economy so that they can get more money....to invest back into the economy...and so on. Very little of rich peoples money is actually in the form of goods and services.

Most goods and services(the things that really matter when it comes to standards of living) are in the hands of Joe six packers.

Most wealth is on paper. If you took the stuff that the super rich actually owned that made peoples lives better....like cars, houses, jewels, boats, etc. and divided that among the poor, it wouldn't make significant difference in people's lives. The rich just don't have enough stuff.

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I wouldn't look to the 35m salary of Walmart's CEO looking for crumbs for their employees - I'm looking at the 118 billion in gross profits (12 month period ending 31-Jan-14. Increasing their operating expenses by a billion or two is going to be hardly a blip on their P/L statement.

What do you think happens with that 118 billion? They open stores and distribution centers with it. They create jobs and make it possible for people to have access to markets were goods are affordable.

[Rampant.A.I.]

Which part of these investments "funnel back into" the economy?



http://www.businessinsider.com/how-super...est-2013-8



http://m.us.wsj.com/articles/BL-WHB-203

The rich do not invest back into the economy. That's a campaign trail lie we've all been fed. They amass and hold wealth, very little of which contributes to the economy.

The poor and middle class are the largest commodity buyers, usually from the companies owned by the exceedingly wealthy, who by and large invest their money away from commodities.

[Heywood]

Which part of these investments "funnel back into" the economy?



http://www.businessinsider.com/how-super...est-2013-8

All of it....except the $100 dollar bills they wipe their asses with and then flush down the toilet.

But wait...even that has a positive effect by concentrating the value of the rest of the dollars that remain in circulation.

[Rampant.A.I.]

Sure, by inflation. So the consumer goods the rich consume less of now cost more to the average consumer, who is making a tiny fraction per capita of someone with tax shelters, hedge funds, and bonds.

[Heywood]

Which part of these investments "funnel back into" the economy?



http://www.businessinsider.com/how-super...est-2013-8



http://m.us.wsj.com/articles/BL-WHB-203

The rich do not invest back into the economy. That's a campaign trail lie we've all been fed. They amass and hold wealth, very little of which contributes to the economy.

The poor and middle class are the largest commodity buyers, usually from the companies owned by the exceedingly wealthy, who by and large invest their money away from commodities.

Rampant's view of the rich

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[No_God]

[Fidel_Castronaut]

Oh no! You mean the employers will have to pay people a fair exchange for labor?!

Why do you think individuals are incapable of negotiating a fair wage?

Lack of resources.

[Rampant.A.I.]

Which part of these investments "funnel back into" the economy?



http://www.businessinsider.com/how-super...est-2013-8



http://m.us.wsj.com/articles/BL-WHB-203

The rich do not invest back into the economy. That's a campaign trail lie we've all been fed. They amass and hold wealth, very little of which contributes to the economy.

The poor and middle class are the largest commodity buyers, usually from the companies owned by the exceedingly wealthy, who by and large invest their money away from commodities.

Rampant's view of the rich

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Way to completely ignore both charts. Wealth can't accumulate interest if you're literally swimming in it.



What exactly do you think the wealthy contribute to the economy?

http://www.forbes.com/sites/rickungar/20...e-economy/

What we should have learned over the last half century is that growth doesn't trickle down from the top. It percolates upward from working people who are adequately educated, sufficiently rewarded, and who feel they have a fair chance to make it in America.

http://www.marketplace.org/topics/econom...od-economy

[Fidel_Castronaut]

Also, diving into gold bullion would probably be pretty painful.