Lindy

Not bloody likely in the USA. The squeeze the rich crowd would scream bloody murder because the rich would be getting a tax cut.

When demand is low, it is hard to find good investments. I have a fair amount of cash on hand that I would love to invest but haven't been able to find anything that offers enough upside to offset the risk. So I've been keeping the cash on hand and paying down debt, but don't have much more to pay down.

Lindy

filtherton

I'm pretty sure the rich have been winning this battle for at least the last decade. The "squeeze the rich" crowd certainly didn't have a lot of pull when it came to letting the Bush tax cuts expire. The rich don't need you to fight for them. They already own the media and the politicians.

So then the natural solution would be for someone, say an organization who isn't beholden to the short-term interests of shareholders, to step in and prop up demand enough for investment opportunities to materialize. Unfortunately, whenever someone proposes this type of solution we hear ill-informed cries about socialism and claims about rich folks being the only ones with the wisdom to turn money into prosperity and all sufficient efforts to bolster demand are watered down to the point of impotence. Then the "rich people are better than you, you rotten fucking leaches" crowd points to the sabotaged results as proof that helping the middle class is a waste of time.

roachboy

i think this outlines the situation in conservativeland pretty well:

http://www.nytimes.com/2011/07/15/op...WT.mc_ev=click

the conservative flight from reality continues.

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aceventura3

Doesn't make sense? When I talk about real wealth creation, how can that possibly not make sense?

You appear to be confusing different terms and concepts.

Real wealth creation is one thing. Economic growth is another. Profitable business is a third...

Wrong. What I attribute to the idea guys is real wealth creation. There is much activity required for sustenance/replacement type economic activity. Or even economic activity required for inherent population growth. Again, we are simply on two different plains. You read into what I write things that are not there and you appear to miss things that are obvious to me. I don't know how to better communicate with you. When I try various approaches, realizing the problem I am having, I am met with flipness or ridicule. This amazes me because at least I understand that there is a problem and that I am partially to blame.

---------- Post added at 06:11 PM ---------- Previous post was at 06:05 PM ----------

Wrong. In some circumstances you have to anticipate demand. In some circumstances you create demand and not simply respond to it.

If people are free to innovate they will, it is the nature of man. The process requires a level of freedom for contemplation. If a system is over taxing or if people do not have this freedom because of more basic demands, like food/shelter/defense of self or property, innovation will not occur. If person A works and all they can do is pay taxes, and buy food and shelter - that person will never be able to innovate or make a better life. Taxation has consequences.

---------- Post added at 06:15 PM ---------- Previous post was at 06:11 PM ----------

One of the reasons you can not find good investments is because they are not accessible to you. simply because some unsophisticated (this is a technical term in investing) investors have lost money, governments response has been to over-regulate limiting the options of sophisticated investors. It literally takes millions for an "idea" guy to pitch an idea to the public in order to raise capital.

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