Economic Solutions that are Never Mentioned

The data below is in accord with this site:  http://www.usdebtclock.org/

Big money does not, obviously, support solutions that would lessen the assets of the top one percent; the big one percent (1%) of Americans that have 50% of the wealth.

The wealthy one percent control the Nobel prizes that are awarded the top economists.  The top economists are NOT going to be awarded prizes for advocating the wholesale redistribution of wealth of the big one percent.   Nor are universities going to get large endowments for hiring economic professors that advocate the redistribution of wealth of the big one percent.  Ditto for representatives – they are not going to get money for advocating the redistribution of the wealth of the big one percent.

This site does not even advocate the redistribution of wealth of the big one percent but for different reasons.  However, this site does advocate a more even distribution of wealth (as opposed to redistribution).  It is time to stop the economy of large scale and promote the economies of small scale (small American family businesses).  More on the benefits of a small scale later…

The first reason this site does not advocate the redistribution of wealth is that a more perfect society should protect individual rights.  One of those rights is the right to own property.  However, note that this right does not mean that one percent of the people can own most of the wealth.  Without being socialistic, the goal is that all people can own wealth if that is their goal;  wealth should not be hoarded by the lucky few in any society.  The rules of the economic game should encourage economies of small scale and the family business.  A more perfect society would support neither socialism nor ultra richness.  Individuals have the right to own, but they do not have the right to own everything.

The second reason that this site does not advocate the redistribution of wealth is that once a non-perfect government is encouraged to steal the wealth of the big one percent, they will squander the money and then go after the wealth of those with slightly above average wealth – the 30 percent of the wealth owned by the top twenty percent (exclusive of the big one percent.) 

The third reason that this site does not advocate socialism is that thirty percent of the wealth being owned by the top twenty percent is not a bad distribution in that it motivates individuals to perform and accomplish.  This distribution of wealth (where the top twenty percent own thirty percent of the wealth) is typical of the wealth distribution of the some of the best nations on earth.  Exclusive of the Big One Percent, the wealth distribution of the top twenty percent in America is about perfect.

We continue to talk about a more even distribution of wealth where sixty percent of the wealth would be owned by the bottom eighty percent to illustrate how the economy of the USA would really pick up if this were a  reality.

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