Quote:
|
Originally Posted by aceventura3
If a group of people has more disposable income that they re-invested and spend in the economy, is that a good or bad "thing" for the economy?
|
is that where all those exorbitant CEO salaries and stock dividends are going? back into the economy? from where i'm sitting they appear to be going, by and large, into offshore accounts, hinky speculative investments and big-ticket luxury items. not sure who that's supposed to trickle down to, exactly.
i assume that every time i buy a product at wal*mart, some chinese entrepreneur benefits from the skill of some overpaid american CEO at outsourcing the manufacture of products and services to human-rights-violating subcontractors overseas, but that's good for the economy of chinese entrepreneurs, sweatshop owners and american megarich chairmen of the board. doesn't help me a whit to have my tax dollars subsidizing capital and industrial flight from the US. which, make no mistake, is what all this bush big spending is all about.