Re:In China Trade War, Apple Worries It Will Be Collateral D...
by mrguyorama on Tuesday June 19, 2018 @03:23PM
(#17349557)
As an average American, why should I care about the "Economy" of the incredibly high earners/highly valuable? Doesn't Apple have like a Trillion dollars sitting in the bank? I feel confident they could whether most things, at least until the bottom falls out and the average American can't afford an iPhone even with Telco monthly pay plans.
Production and value of the American machine has skyrocketed, but nobody I know has seen a proportional increase in income or value. Trickle-down has so MASSIVELY failed. We can't afford to root for the game, because we can't afford to PLAY the game.
When someone who basically swims in money says "But this will hurt the economy", what they really mean is "This will hurt a small section of some budget for me somewhere that you don't even benefit from, and even then, I'll just pass on the costs to you the consumer anyway"
It just feels unfair to the person who actually works for their money, instead of playing gambling games with investments.
Production and value of the American machine has skyrocketed, but nobody I know has seen a proportional increase in income or value. Trickle-down has so MASSIVELY failed. We can't afford to root for the game, because we can't afford to PLAY the game.
When someone who basically swims in money says "But this will hurt the economy", what they really mean is "This will hurt a small section of some budget for me somewhere that you don't even benefit from, and even then, I'll just pass on the costs to you the consumer anyway"
It just feels unfair to the person who actually works for their money, instead of playing gambling games with investments.