Quote:
Originally Posted by kane
True. Short of becoming a CEO or getting very lucky and getting in on the ground floor of a company that gives out huge stock options then goes public and makes you rich, working for someone else will never get you rich. It just doesn't work that way.
However, rich people need many happy worker bees in order for them to stay rich. They either need them to work for them or they need them to buy their product they are selling (or both).
If we allow the middle class to crash and burn and we end up like some third world shithole country there becomes fewer and fewer people to sell stuff to and it makes it even harder to rise to the top. As I said in an earlier post, I think the separation of wealth we have this country right now is fine. There is still a good sized middle class and there is still plenty of opportunity for those who wish to work for it.
What we must be wary of is is destroying that middle class so we become one of those countries where there are a tiny number of rich people and almost everyone else is dirty poor.
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The middle class wants cheap products. The middle class wants shit for free. The middle class wants something for nothing. The middle class doesn't want to go out of their way to pay more for American sourced goods, services if they can get it for cheaper elsewhere...
So you know what happens... Corporations become as efficient as possible providing those needs. And the middle gets their cheap products and services, but they also get squeezed.