Today we live in a country that no longer understands the meaning of money. This is the reason we now have such severe income inequality, which gets worse at an ever increasing rate.
The people in this once great country, 'The United State of America', have come to accept the idea, that a company executive should make 300 times a much as the person on the factory floor, who is creating goods and services with his labor.
We seem to be resigned to the idea that a person who works for his money should pay far more taxes, then the person who makes money from investments.
I believe this acceptance is due to the fact that we know longer remember what money represents.
Money is simply a convenience in the barter system. Wish money you can exchange your goods and services for money and then exchange the money for the goods and service you need. When you spend money, you should have created goods and service in exchange for the money you spend. If you spend money that you did not receive in exchange for your goods and services, you are robbing the system. You are receiving goods and services from a system that you did not contribute to. You are stealing the goods and services from those who worked to create them.
This means that each and every person who works to create goods and services has to work harder for less reward so the thieves can live a rich life we can only dream of, and a life style we can not imagine.
When you are told that the rich are the job creators, you need to realize they create few jobs, beyond the illegal alien who is their maid of their gardener.
Jobs are only created When middle and lower class workers have goods to spend on goods and services. Businesses do not hire people because they have money in the bank. They hire people because they have a market for goods and services. If they need people to create goods and services and have a demand for them they will borrow the money to hire. When the middle class does not have money to spend on goods and service, the economy shrinks. As the economy shrinks there are even fewer jobs and less money spent on goods and services. This snowballs into a recession, or worse a depression. The rich invest their money to make more money. Even though they live a rich lifestyle they do not create a significant job market.
With modern technology, we do not need to have 2 people in every household working 40 hours a week to produce all the goods and services we need to have a rich and prosperous society.
The workers today receive a smaller share of the company profits then ever before in our history. The solution to job creation, is simple. Cut the standard work week to 32 hours. Do not cut the size of the weekly paycheck. The big companies can easily afford to do this. This would create an immediate demand for 20% more workers. When the demand goes up every one who is welling and able to work will have a job. When the demand exceeds the supply, wages will go up, as employers compete for workers wages will go up. As all of these earned dollars enter the market the economy will expand and become richer. We will have another golden age of the middle class. Earned money is real money. This will not create inflation, it will create great prosperity.