People who already have money can still spend it...they are buying ipods , iPhones, and iPads...but the people that would really drive the economy upwards and increase demand are the ones without money, which is why we are seeing stagnant employment numbers
-----Original Message----- From: Sam [mailto:[email protected]] Sent: Monday, April 25, 2011 01:00 PM To: cf-community Subject: Re: Not So Much: Taxes Discourage Millionaires Well if you say everyone is broke, Why is Apple doing so well, and no small businesses have money based on you're own experience not getting work then who am I to dispute it. . On Mon, Apr 25, 2011 at 1:31 PM, Eric Roberts <[email protected]> wrote: > > The only problem is that he is trying to take why small businesses are > not hiring then trying to use this to disprove that corporations, > which are not small businesses, are sitting on cash. The whole > article is a logical fallacy. The reason small businesses are not > hiring is that the banks that normally lend them money to make payroll > and to fund things like expansion and IT projects are not lending them > the money because they are not getting the funds from the larger > banks. If I had a dollar for every small business that has called me > and then had to cancel a pending contract because they don't have the funds, I would have enough money to comfortably retire. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:336836 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
