Electric Vehicle Forums - Detroit

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Re: Detroit - Look at Boeing

Quote:

Originally Posted by AshenGrey

Actually, here's how that scenario would work: greedy Millionare exec commissions the construction of a mansion. Construction company owner builds thehouse using cheap, undocumented labor from Mexico for $5/hr . Then the construction company owner pockets 95 percent of the profit for himself.

Ohh.. so the construction company is where the money vanishes? Wait, you mean the construction company exec just buries the money in the ground? He doesn't then turn around and spend the money on something else, thus providing even more jobs for all the people that produce the things he buys? Seriously, do you think that wealthy people are like Scrooge McDuck and have a giant money bin they go swimming in?

Re: Detroit - Look at Boeing

Quote:

Originally Posted by AZCivic

Heh-heh... You've actually nailed my viewpoint 100%. Actually, I *do* think there is about 5% of the population that hoard about 70% of this nation's wealth. Who knows? Maybe they do fill swimming pools up with cash!

But I'm a bit jaded with this odd notion that Capitalism = Democracy. :shade: