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1 posted on 08/17/2013 4:10:03 PM PDT by Kaslin
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To: Kaslin

Instead, we have NObama and trillions in debt and entitlements.

http://confoundedinterest.wordpress.com/2013/08/17/whats-in-your-safe-declining-household-income-share-of-entitlements-at-607k/


2 posted on 08/17/2013 4:17:06 PM PDT by whitedog57
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To: Kaslin
He talks about a “winner-take-all economy where a few do better and better while everyone else just treads water.”

Before wealth can be divided up among people via any means, it must be created. Some people have the ability to turn each $1 of extra capital into more than $1.20 of real wealth (if not $2.00 or more) within a year. Other people do not. The more money is in the hands of people who will use it effectively to generate more wealth, the more wealth will be created. While it's not generally possible to 100% accurately identify people who most effectively use capital to create wealth, such people will in the absence of government interference tend to accumulate more wealth than those who do not use capital to effectively grow wealth. The effect of Obama's "stimulus" programs is to steer investments away from those who would use them to generate wealth and toward those who won't. A more effectively-targeted way of killing the economy would be hard to devise.

3 posted on 08/18/2013 1:26:34 PM PDT by supercat (Renounce Covetousness.)
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