This is a letter for everyone, but people on the left like our friend Schweers should pay particular attention.
It does not matter to me what other people have. I am doing well and that’s what counts to me.
A free market economy is the road to prosperity and inequality. It happens that the prosperity part is what helps all of us do well, including the poor and middle class.
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I am anchor
Prosperity
Posted
Sam Lazarus
This is a letter for everyone, but people on the left like our friend Schweers should pay particular attention.
It does not matter to me what other people have. I am doing well and that’s what counts to me.
A free market economy is the road to prosperity and inequality. It happens that the prosperity part is what helps all of us do well, including the poor and middle class.
The wealthy class is important to prosperity. It is their investment dollars that grow companies, which then hire more people and pay higher wages. It’s us, the middle and poorer, which benefit from the growth.
The rich also benefit from their investments, but that’s important, otherwise they wouldn’t invest. That’s called incentive.
The rich probably benefit (dollar wise) more than the poor or middle class from their investment. I don’t particularly care about that. That’s just the way it works. The important thing is that because they invest and get richer by it, I am able to find opportunities to improve my life.
I am grateful that there are rich people willing to risk investment in new ventures and/or in company growth in order to make themselves richer.
This winds up as job or business opportunities for the rest of us.
Increasing taxes on the investment class interferes with the process because it takes investment money away from investment and gives it to the government to waste or steel in some way.
Why is the size of the so-called “income gap” important to anyone?
Does the word jealousy have something to do with it?
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