Video denounces a common myth. The ideology that the richest 1% spend more in consumer dollars than the poorest 99% is not only a misconception, but a blatant impossibility. Jobs, growth and economy are consumer driven.
Job Creator Myth
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Just don't care for conservatism do you?Originally posted by Bubstr View PostVideo denounces a common myth. The ideology that the richest 1% spend more in consumer dollars than the poorest 99% is not only a misconception, but a blatant impossibility. Jobs, growth and economy are consumer driven.
http://www.addictinginfo.org/2013/05...-creator-myth/
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Believe it or not we have had only rain. No snow on the ground. But it has now started to flurry.
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He pretty much just said what most of us know already. the top one percent are not people that own a business they are simply people that take advantage of businesses and investors like.Originally posted by Bubstr View PostVideo denounces a common myth. The ideology that the richest 1% spend more in consumer dollars than the poorest 99% is not only a misconception, but a blatant impossibility. Jobs, growth and economy are consumer driven.
http://www.addictinginfo.org/2013/05...-creator-myth/
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What part of the job creator myth has anything to do with conservatism? The mentality that to cut taxes on the rich and if they are well off, they will create jobs is fundamentally untrue. Wall St is where these investment banks are. Wall St. is doing great. They are only paying 15% on their earned money, while worked for money cost 35%. If this job creator thing wasn't a myth, we would be swimming in new jobs.Originally posted by Clayton_Wetter View PostJust don't care for conservatism do you?
The fact is, the economy is consumer driven and the 1% that has 99% of the money, does not go out and buy 99 cars every time a middle class man buys one. that 1% guy don't spend $9,900.00 at the store every time the middle class guy spends $100.00. And the last thing he would be foolish enough to do is hire a employee if he didn't have the demand for the product he made.
Show us, just what is conservative about this. It surly didn't conserve any of the middle class money.
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It makes a big difference of "WHO" the top 1% are being taken from... only in America or world wide...totally different.
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