Wealth Consolidation In The USA Is Going To Put A Lot Of People Out Of Business

[stopbush]

For while the wealthy may like to collect expensive motor cars a la Jay Leno, or see how much $ they can blow while gambling in Vegas, they aren't going to replace their working toilets and appliances and plumbing systems and all the other things that we all have in our homes that any sane person needs only ONE working version of.

While at the same time, middle class people who DO need a new toilet or appliances or plumbing or cars or clothes etc are not bothering to buy such things because they simply don't have the money. They are going without - driving older cars, wearing old clothes and not using the bathroom in the house with the broken toilet. That's millions of people NOT BUYING ANYTHING, while the handful of the super rich who have all the $ don't need to buy things, so they don't (unless it's a luxury good).

And that means that thousands of businesses who live or die on selling relatively inexpensive goods and services to large numbers of middle class people are going to be going out of business left and right because the wealth in this country resides in the hands of a few.

But you already knew that.

[rurallib]

1. thank you for terms I can understand.

[WestSeattle2]

2. That's exactly why so many billionaires support higher taxes on

the wealthy - I'm not being facetious. Does our economy need ten billionaires each buying a $500,000 car, or 165 middle-class folks buying $30,000 cars? That latter creates far more jobs and taxes.