"Clare Snyder" wrote in message
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On Sun, 10 Nov 2019 14:39:43 +1100, "Ray" wrote:



"Clare Snyder" wrote in message
. ..
On Sat, 9 Nov 2019 15:53:32 -0500, Wade Garrett
wrote:

On 11/9/19 4:27 AM, Roscoe wrote:
Bernie or Liz I think asked that and it got me thinking. A billion
is a thousand thousands. Does anyone really need to be a billionaire?

If the rich didn't create all that wealth-- who would the liberals take
it from?
It is inaccurate to say the rich "create" wealth. They "accumulate"
wealth

Some like Gates and Bezos do create wealth by
producing what some choose to use or consume.

And they are the minority.

Yes, billionaires will always be a tiny minority.

It isnt clear that only a minority of billionaires do create wealth.

Gates is also in the minority in how he uses his wealth.

That's true, plenty of billionaires are only billionaires
in the sense that they own lots of stock in the operation
they produced. But producing that operation did produce
lots of wealth and almost always lots of jobs too.

Yes, some like Soros and Koch brats didn't.