Republican candidate Mitt Romney got the support of a well known Real Esate magnate Thursday.
The Donald. The Hairpiece. The Bazillionaire.
Donald Trump made the announcement out of one of his many ritzy hotels, in glitzy Las Vegas. The city of excess.
In a way, it's almost perfect that Mitt Romney (rich) was endorsed by Donald Trump (richer) here. It's the one place where you can see, in a very real way, how people become when they have money.
The idea of Reaganomics is, as I understand them, is pretty well the trickle down effect.
That those with the money, will spend more money, and hire people with the cash that they accrue.
But that never happens.
Businesses have shareholders, who all demand better profit margins at whatever cost. People who run businesses have no choice but to cut back on staff, on spending in order to help those rich people become richer.
And it makes sense. If you won $40 on a slot machine in Vegas, you wouldn't share the winnings with your friends. You would bet it again. And again and again. Say you have that lucky streak, and make $40 into $1,000 - would you share THAT with your friends?
Probably not. You'd say you played the system, and won. Taking credit for lady luck, as it were.
And that, for the most part, is how business in America works; and how Trump and Romney have made their Millions.
I don't fault them for that - they've played the system and won. But to expect that they will help funnel millions of dollars into the American economy to help those who need it the most?
I wouldn't bet on it.
I completely agree, Dave. Now Romney can appear even more out of touch with working class folk. Remember that $10,000 bet he made with one of the other Republican candidates (I think it was Perry) during a debate? That told me everything I need to know. Who the heck bets $10,000 other than the mega rich? Ten grand to Romney is probably the equivalent of $25 to Joe Lunchbucket.
ReplyDelete