Peter Schiff: Society benefits from the rich, not the other way around!

http://www.schiffradio.com/

Category:

News & Politics

Tags:

• peter
• schiff
• taxes
• evil
• rich
• people

[lozoft9]

I think the problem is that, for the middle class, the amount of money that entrepreneurs make is way more than enough to live off of. Now, the question becomes how much higher should the standard of living be for these people. The middle class right now is struggling to say the least and the wealthy that would give us a job are still far from insolvent. that is at the core of the psychology here.

[g0twav]

THIS IS PETER SCHIFF ON HELIUM

[voogru]

@p1b1harper I think your comments prove to everyone who reads this, that you are the 'mental midget'. You see, if I was a 'mental midget' I'd be deleting every comment I disagree with.

Being as your comment still stands and you're lobbing personal attacks instead of debating the substance, I'll let the audience decide who they'll listen to.

But most people who think rationally, will probably not side with the idiot lobbying personal attacks.

[p1b1harper]

@voogru ok...i just realized...im arguing with a mental midget...boy do i feel silly...reading your last post... i saw clearly ...your roving eye...your uncotrollable tic...the funky smell you eminate...ugh...what a waste of time...

[voogru]

@p1b1harper Harper, would you pay $40 for a gallon of gasoline, when someone is willing to sell you the same gasoline for $4? The $40 gallon of gasoline pays their employees 'living' wages!!!

No? Then you are hypocrite.

(psst. guess what happens when those employees use their living wages to pay for the gasoline they sell).

Living wages are a zero sum game. You increase the cost of labor, that price gets reflected into the price of the products, bringing down purchasing power.

[p1b1harper]

@p1b1harper @voogru... listen to your idol schiff when he says we need to stop consuming and start producing again...what do you think he means by that...?...

[p1b1harper]

@voogru... ugh... regurgitate...have you know ability to think independently...?...these jobs havent become obsolete theyve been shipped overseas...so that you can save a few pennies at walmart..."you have the person doing the job do something else"...thats what has been happening...people in the u.s. at one time made all of these things you see at walmart...now they are made in china...and the people who used to make a living wage making these products now make shlt selling them at walmart...

[voogru]

@p1b1harper Combine harvesters are job killers too. Every combine harvester probably kills easily 20-30 jobs.

But I don't see you complaining about that.

You don't keep jobs for the sake of having jobs. When a job becomes obsolete you don't try to save it, you have the person doing the job do something else in the economy.

[p1b1harper]

@TheEllipsis731 you say it so it must be so...poor people think they benefit from walmart because you dont know any better...i live in a community that has been battling with walmart to keep them out for over a decade now...we arent baking down...because we know that walmart is a job killer...