From: Charlotte Shore (cshore@caprica.com)
Date: Sat Apr 11 1998 - 13:10:08 MDT
Warrl kyree Tale'sedrin wrote:
RE: >> but if you have to work for wage and must spend most of your
wage for your survive you are not able to earn enough money to build up
your own firm. Therefore you are forces to earn wage your hole life. <<
> Sorry, but the three people I named (among a great many others --
some of whom immigrated to the United States, not speaking English,
possessing only those resources they were able to keep while fleeing
through the jungle or accumulate during years in refugee camps --
you can't get much poorer than that) did precisely what you
say cannot be done.
Maybe you didn't recognise the names, though.
Ray Kroc was a milkshake-making-machine salesman and repairman, and
from that start he created the McDonald's chain.
Rich deVoss was a door-to-door soap salesman. He owns half of Amway.
Sam Walton sold various supplies to small-town general stores. And
created the WalMart chain. <<
There is a new factor that isn't acknowledged in your argument above,
and that is that our confiscatory tax system has grown immeasurably
MORE confiscatory since the above gentleman were able to make their
fortunes. In other words, it is much more difficult nowadays, with
greatly increased gov't taxation on our incomes and everything else
within sight, to save enough to go into one's own business.
In addition, inflation by the Federal Reserve has eaten away the value
of our money, drastically. Just compare prices for a commodity from,
say, the 50s to their present prices, and you will see just how much
purchasing power the dollar has lost.
These facts would make the gentleman's argument more true than false,
IMO.
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