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Originally Posted by Baraka_Guru
This isn't true. You're simply missing my point. I understand the difference you're making, but I don't agree with it.
This isn't true. Any one of these people can get rich without a good or thriving economy.
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this was in your post#23:
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"Rich people are not the cause of a robust economy, they are the result of a robust economy."
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I assumed you agreed with it, am I wrong?
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You're applying a metaphysical/mythical status to people who are doing little more than making a plan, using capital, and taking a risk. They don't pull wealth out of their asses, nor do they pull it out of the ether. Wealth isn't created in a vacuum. Entrepreneurs don't create wealth on their own. They may be enablers of the apparatuses that create wealth, but they aren't money trees; they aren't the apparatuses themselves.
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Simply look at the most major standard of living gains in history and you will find your position is incorrect. Certainly there is not a vacuum, certainly there was what came before, and what is, but real wealth creation involves steps of living standard improvement for a community, not gradual change. Oh, here is that digital v. analog thing again, no wonder we don't understand each other. An example, when Edison harnessed electricity for commercial use of light, it was not in a vacuum (no pun intended with the electric light bulb), but boom! It changed the world. It created real wealth. It created real living standard improvements.
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If you penalize anyone through excessive taxation, you do harm, not good.
You want a thriving economy? Build and maintain strong education systems.
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Your assumption is that throwing more and more money at a broken system will make it strong. In my view throwing more money at a broken system is a waste of money. I would rather people keep the money and allocate it based on their needs and choices. For example if a public school system spends $15,000 per student per year, and a private school can do it for $4,000 and get better results - why would you want more tax dollars being spent in the public school?
You don't ask those kinds of questions, I do.