Friday, April 10, 2015
Rich Got Richer
The richest American saw their incomes increase last year, the bottom 80% saw their incomes decline. It is good news that the rich are getting richer. It is bad news that the poor and middle class are suffering.
The government needs to work on job creation. That does not mean government jobs or government subsidized jobs. It means creating real jobs that create real wealth. Rather than require transfer payments, encourage the rich to invest their money. Encourage them to buy airplanes, yachts, new houses and fancy cars.
Middle class people can then be employed flying airplanes, making yachts, selling houses, customizing cars and doing other good paying jobs. We need to move away from the politics of envy, and covetousness. We need to encourage the rich to employ people, to give to legitimate charities, and to bring jobs back from Communist China; that's the view from the Hysterical Right Wing.