Quote:
Originally Posted by mechanicalman
The premise of your argument is pretty flawed. This is a private equity investment, meaning they will likely hire more people (creating more good jobs in your words) and invest in more and better services to fuel growth. If some entrepreneurs get wealthy in that process, why begrudge them? I think the idea of running a business until you retire or pass it along to (odds are, dysfunctional heirs) is a pretty antiquated version of the American dream.
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This would track if wealth were being spread and jobs actually were better paying. Just saying things doesn't make them so. Are we really going to pretend a worker has the buying power they did 50-60 years ago. please. Back then a single earner could support a family, retire at 60, afford a house and 1-2 cars, vacations, plenty of food and clothing. Today it takes two earners often working 2+ jobs to have less of all the things but sure your story sounds good.