TED Community » Demosthenes Locke

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• A comment on Conversation: Stimulating Americas Economy

  Sep 30 2011: First of all I never said they don't buy stuff from the genreal market. Obviously they buy clothing, food, etc. The trading among each other idea is called investing and deals. As for most of it not seeing the general public that is true also and this hurts all sorts of people. Look at the big businesses they seem to be doing all right with their deals fomulated with other huge industries, but as soon as you look at local businesses, and even smaller corp. they are hurting because they don't have the opportunity to "trade amongts the rich"
  
  So yes they buy stuff from the general market but the majority of their money is NOT going to food and clothing
  
  CEO on an assembly line. No but the majority is ethier automatic or in some forien country and that isn't exactly creating jobs in america is it.

• A reply on Conversation: Stimulating Americas Economy

  Sep 29 2011: It is amoung the general public. The rich trading money amongst them self makes them richer, hardly any of that is actually seen by the general pop.
  
  Once again the rich earned what they have (for the most part) and I don't want to just take it away but all of that in their hands is hurting the average joe.
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  A comment on Conversation: Stimulating Americas Economy

  Sep 29 2011: @Krisztian A lot of the money that the rich have is stagnant and just sitting around and President George Bush tried somthing like this when he was in office (Plenty of very intelligent people, who studied econmics, thought is was a good idea) although the problem is he didn't give enough and most that went straight to bills (he also only gave it to alduts which is not a good variety) And, so no one thinks I proposing communism, the rich would still be the richest out there by a long shot, so no more luxury items being bought is not going to happen, even some middle class people try to pull it off.
  
  @Kareem I agree that the rich want to stop this and that is why as soon as one joins in on this the other will feel obliged to do so

• A comment on Conversation: Stimulating Americas Economy

  Sep 27 2011: From Americans To Americans We need the rich to understand the suffering of the homeless, the desperation of the lower class and the values of the middle class. We don't need them giving away a billion dolars (although that would be nice) but anything would help.