Friday, December 16, 2011 2:26:09 AM
Nice ebook liquid. A shame no one cares. But hey I hear the price on an ebook just skyrocketed so maybe you should hit amazon and publish your post there. It would give you an opportunity to reach that 1% yourself and see what both sides look like and then you would have your whole puzzle complete.
I believe you have a very interesting point and while yours goes outside the scope of my hypothetical with FoSchizle you are correct it does create wealth within the States. However, I believe you're still missing the "leak" effect that will take place over time. But that`s ok as I`m sure it`s just a missing piece of your puzzle much like your point was a missing piece of mine.
You also have to take into consideration the volatile effects of politics that can have an effect on the design and sales economy. If our products are mass produced in other countries (mainly china) and they decide politically that they want to raise prices or completely shut off manufacturing. Then it would be the equivalent of you losing your job and not having savings. It's a wonderful synergy created between nations but only if the nations can fully trust and work together in harmony. Otherwise it`s a trapeze act with no safety net.
I will have to disagree with you believing the wealth is "created" While you are correct one person or organization can `create` wealth for themselves you have to look at the source of the wealth. With buyers lacking buying power wealth is impossilbe to create.
I appreciate your courteous reply, and I will have to agree I think we are viewing it from different schools of thought. Thank you for your input. I'm always looking to learn something in a way I hadn`t thought of before.
Thursday, December 15, 2011 10:55:15 PM
After reading some of that article ATPno34, I'm beginning to wish even moreso that Cavuto had let her finish at least one sentence. I really hope these inhospitable working conditions are at least some of what she and her fellow pizza-party-protesters are out there to condemn on the part of the Sachs, and not merely the advent of "wealth creation."