Worth It

Republicans say they HATE the concept of spreading the wealth. But what they mean is that they want to spread the wealth their way: by giving CEO’s a tax cut. So how are those Republican wealth spreaders doing?

- Did a CEO spread some of his wealth back to you lately?
- Did a CEO create a job for you recently?
- Are there CEO’s out there spreading something other than bonuses and layoff notices?

Clearly CEO’s have not used the tax cuts to create new jobs. Regardless of the economy the number one strategy of all corporations is to reduce labor costs either by cutting jobs or outsourcing. The fallacy of "trickle on" economics has been proven over and over.

I am a Manifesting Being, I can Create My Future, It is Fun and Easy

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Describe a recent development in the wealth management industry. What implications might this development have for Barclays Wealth?

I think obviously with the economy being the way it is and rates being low–investments are not making the returns they historically have seen. The implications would be positive for wealth management firms as they will make more consulting revenue in down economies and more commission revenue in up economies.

From the industries that used slaves to produce goods and products !

How much wealth was accumulated during slavery’s hey day in the South.

Since the south’s wealth was tied mainly to agriculture, it’s hard to tell how much wealth was made. Untold millions I would say !

Heresanother Impressive Video By Chris Rock himself.
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I am wanting to know how the distribution of wealth can be distinguished from the distribution of income? In addition, what is the key determining factor in these two ideas?

Wealth is the overall measure of how "rich" a person is.

Income is how much a person earns.

Therefore, distribution of wealth refers to the distribution that benefits everyone because it divides everything equally.

Distribution of income is great too but it leaves more for some because in this type of distribution, only 1 part of wealth is divided (income).

In short,
Distribution of Wealth=everything
Distribution of Income=part

HLN money expert Clark Howard visits an elementary school to talk to fifth-graders about what it means to be rich.

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I’m a big fan of Wikipedia, it’s my main page and I’ve spent hours and hours reading articles. I was reading about Wikipedia in the article Wikipedia when I read this:

"In a study of Wikipedia as a community, economics Ph.D. student Andrea Ciffolilli argued that the low transaction costs of participating in wiki software create a catalyst for collaborative development, and that a "creative construction" approach encourages participation."

So that got me thinking, intellectual constructs are a form of wealth, just think of all the intellectual copyrights out there. But how do you measure the wealth and intellectual property generated from a project that’s never been sold? How much richer is the world and each individual when they benefit from an Open-source project?

It is not a new problem, but the Internet has made it more visible. People have always created wealth and production that is not part of the market economy, and so is not measured. If you take care of your own child, clean your own house, grow your food, fix your car etc it is not part of GDP, bit if you hire it done it is. When students study, learn a skill, or a researcher creates a new knowledge it adds wealth, in the sense that it creates a productive resource, but does not show up on anybodies account as wealth. The government statistics counts both public and private education expenses as consumption not investment.
You could even argue that most of the wealth we have inherited from our ancestors that provide us with a good life are things that are not now and never were bought and sold in markets.

There is an often quoted saying " if you give someone a fish they eat for a day but if you teach them to fish they eat forever". The logical conclusion of this is that the knowledge is more valuable that the product.

With the addition of a new baby and the wife not working. What is the best and quickest way to accumulate wealth? Assume that this is an average household with an annual income of 50K

Your question defines what is wrong with Americans.

hurry up, you in my way, honk the horn, the drive thru is backed up.

Get rich quick plans don’t work!

My grandparents worked their whole lives living on less than they made, not borrowing money but paying cash after saving up for things they needed not wanted and retired with dignity.

So If you wife won’t work you need a second job and turn off the cable and other thing you don’t need.

How bubbles destroy wealth.

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