The greater your income, the smaller proportion you spend. Spending creates demand for goods, which causes investment (different from speculation). Investment creates jobs. Give a rich man $1000 and he will either horde most of it or use it to speculate; a poor man spends nearly the entire sum on necessities.
and why is this the rich mans fault ? Is he responsible for the poor man's well being even with the amount of bad choices and his lack of self assertiveness ? I thought he was just responsible for the poor mans employment?
What amazes me is how can immigrants who have nothing come into this country, work hard and become successful when some homegrown people can't. This country offers anyone from anywhere to be all they want to be and in some cases all they don't want to be.
