Gavin
Full Member
Posts: 155
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Post by Gavin on Apr 3, 2011 10:32:49 GMT -5
Is America really broke? Michael Moore (and others) tells us that there are oceans of cash being hoarded by the wealthy. But Iowahawk ( iowahawk.typepad.com ) did a little addition, and armed with these statistics Bill and the 'Hawk blow a hole in the "hoarding" lie big enough to fit a documentary filmmaker through.
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Post by Ritty77 on Apr 3, 2011 11:14:37 GMT -5
This is really good. There is no limit on the amount of wealth a society like ours can create, but there is surely a limit on the amount that can be taken. Once they have it all, then what?
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Post by philunderwood on Apr 3, 2011 11:54:28 GMT -5
And the more they take, the less there is to produce more wealth. That is unless you live in the land of unicorns and moon ponies and believe that government can somehow produce wealth.
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