.
Actually, JP5, I wasn't complaining about the wealthy spending money on luxuries. On the contrary, I was stating that, ironically, more of this spending is needed. In the second post, I meant that $100 in consumer spending, as I understand it, has a greater positive economic influence than $100 invested in the stock market.
__________________
"I am a Tory Anarchist. I should like every one to go about doing just as he pleased- short of altering any of the things to which I have grown accustomed." (Max Beerbohm)
|