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To: newzjunkey
However, while we have it, there's no excusing that the wealthiest indeed get the greatest benefit from a vibrant economy,

The wealthiest, BY DEFINITION, are responsible for the "vibrant economy".

12 posted on 04/15/2002 5:32:10 AM PDT by TomB
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To: TomB
Nice Limbaughesque soundbite but it isn't so. There's a difference between wealthy and wealthy who are actually adding to the economy.

There are also wealthy who do stupid things like all those VC's who forgot about the need for revenues and profit during the so-called ".COM boom" of the 90's. Big help, they were!

If the wealth isn't used, isn't pro-actively invested, is badly invested, is badly managed, leads to unemployment, disrupts an industry... this might be adding to overall economic activity but isn't necessarily leading to further wealth creation or ensuring an vibrant economy. Further, you're wrong to dismiss the idea that outside influences (9/11 depressing travel, for example) can impact an economy adversely irrespective of what the wealthy alone are doing. In fact, in the airline case, if they'd done a better job (proper cockpit doors) they'd not have allowed the circumstance which hurt the economy to begin with. Realistically speaking, the government couldn't have really acted any more effectively (you either have or don't have the human intel) but the airlines sure could have.

An economy is vibrant when there's a good match between the geo-political and economic opportunities made possible by government--through tax dollars--(i.e. a war or post war economy, getting tarifs lifted, NAFTA) and private wealth's (hopefully) wise investment.

24 posted on 04/15/2002 5:57:07 AM PDT by newzjunkey
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To: TomB
"It is important that the assembly which voted the taxes, either general or local, should be elected by those who pay the taxes imposed. Those who pay no taxes, disposing by their votes of other people's money, have every motive to be lavish and none to economize(sounds like democrats). As far as money matters are concerned, any power of voting posessed by them(the freeloaders) is a violation of the fundamental priciple of free government." -John Stuart Mill (1806-1873) English economist and philosopher.
37 posted on 04/15/2002 6:40:17 AM PDT by blackdog
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