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trader_4 trader_4 is offline
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Default Does anyone really need to be a billionaire?

On Sunday, November 10, 2019 at 12:47:54 AM UTC-5, Clare Snyder wrote:
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. Gates is also in the minority in how he
uses his wealth.


What complete BS. There are rich people all the way from Bezos down to
the local auto dealer or supermarket owner that have created a tremendous
number of jobs. And even the rich who inherited it and just sit on it,
where is it "sitting'? Typically in stocks and that capital is helping
to create more jobs. You sound like a bitter old fool who's envious
of other people's success. And Gates isn't the only billionaire that
has contributed a lot to charities, most have. Even the ruthless turn
of the century titans like Rockefeller, Carnegie, Mellon contributed
enormous amounts to charity.