Money Talks ~ Real News

:mac:

So the Feds are not getting shut down, but they are going to kill all of the old people. Sucks to be a boomer, but this is your mess now you get to lie in it. Apparently the idea is to forget about the poor and shove more spending cash in the hands of the wealthy. Which works ..if.

The idea is a solid as a baseball bat in a fight. Should work, but there remains an aspect of chance. The wealthy have to spend out. If ..you blow your money the econemy will repair itself. If ..you don't do laundry and cycle your expensive clothes through the Goodwill (: itemize those donations! :) and pay for your food. Vote with your dollar, give a Jackson to a spanger, and get your shoes shined. Seriously, this plan is like 'sending an army to hold a pass' it ..could work. If ..the wealthy actually do their part and feed the grass.

Part of the idea is that being wealthy involves the ownership or partial investure into some form of service. If you are a basic laborer, non union worker, or just plain poor you have no way of benefiting from you own expenditures. A wealthy person statistically gains a return on every expenditure. Your payout enables another payout that goes ring around the rosie posie and back into your pocket. You put a Jackson in someone elses pocket and they are going to put that into 'a service' maybe yours. A wealthy person should engender the bahavior that should it be repeated, replicated, or copied that will produce benefit to himself. Enlightened self interest. There are 9 billion people on this planet.

The activity of being right properly wealthy, which is the virtue (similar to a strong arm or a sharp wit) that this economic plan is hinged on. Like a good battle plan you are rolling dice on people's ability to live up to an ideal of behavior. Richies ..party. Stables ..pay. Comfortables ..add a stream of payouts to your budgets. Businesses ..have an accountant instead of 'diy' ..thats the problem with this plan. That, is where it can go wrong.

It is 'the poor' that need to learn how to save their money and create budgets. Way, way, way toooo many wealthy business people get caught up in the idea of cutting spending when they should be maximizing profit of their expenditures. Increasing profit and finding new ways of making money work. On the top of the equation, (: the richies, the trust fund babies, and the mega uber wealthy :) the problem is actually the opposit. That strata of the wealthy understand the theory, but suffer from a lack of perspective. A business man is extreamly aware of the massive multidues of people wealthy and poor looking out for number one. The richies are superman! Their is xero consideration in their mind of medicade, food stamps, or ssi. To a businessman these are real viable 'parachute' options should their gamble go south. 

Everyone but that guy who sits or stands on the borderline between poor and wealthy fails to apperciate ..how ..many ..people ..their ..actually are! Therein lies the understanding that elevates a poor business man into a wealthy business man. The element that is missing in understanding when you operate a business poorly and when you operate a business well is when you realize that spending should ..never decrease. Profits should increase, but if you free up capitol ..you should reinvest it. That, is how money goes round.