Posted by
GeorgeBruno on Tuesday, October 28, 2008 1:16:00 PM
I am not a numbers guy. As a matter of fact, I am "Inumerate". (The numbers version of illiterate).
I don't want to act like I have an MBA in Business from Wharton, so I'll explain it in a simple terms...like I would understand it.
If you took all the money in the US and divided it evenly amongst all the people in the US....
In five years...
You would have rich people...and you would have poor people. Period.
If you redistributed all the wealth and everyone was given ...lets say...$250,000 cash.
In five years, there would still be homeless people, street people, trailer parks, rundown neighborhoods, etc
On the other hand, there would be millionaires, multi-millionaires, and maybe even a couple billionaires in seven years or so.
Spreading the wealth around helps no one.
How about spreading the intelligence around?
Money management skills?
Staff development skills?
Investment skills?
Spread these around and you could actually start today. Any administration could do that, Rep or Dem.