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Re: “Letters

"Since when do the rich create jobs? Most "created" their wealth buying the stock of companies whose profits were made by 'middle class employees' that made managers and owners rich with their labors. Please do not assume that rich people create any other jobs except for the maids and nannys at their own homes, most don't"

Really? Well, I happen to know of a millionaire who has created hundreds of jobs in his small town by starting three businesses that keep most of the residents there employed. Although he could have invested his wealth in the stock market, he began his businesses for the sole purpose of employing people in a town that has no real industry and where jobs are scarce. Please don't assume that all wealthy people are monsters who care about nothing else but buying stock and making a profit.

Posted by Julie on 08/17/2009 at 5:03 PM

Re: “Letters

In response to Marsha Smith's comment to my letter ("No, this is sinful"), it is the middle class that pays most of the taxes in America today, not the super rich whom Smith alleges that I was defending (and for the record, I am not anywhere near being rich). Despite Obama's pledge not to raise taxes on the middle class to fund his health care reforms, there is no guarantee that this won't become necessary, since the rich make up a much smaller percentage of the population than the middle class. According to Yahoo News, in order to pay for Obama's massive health-care overhaul, $380 billion will have to be diverted from Medicare, and this will hurt the elderly, not the rich and the powerful. Furthermore, since it is the rich who create the jobs that the poor and working-class depend on, taxing the rich into poverty may not be in the best interests of the poor. As someone who works for a nonprofit agency that does humanitarian work in the United States and overseas, I happen to be very grateful for the many wealthy people who donate millions of dollars to our organization so that poor people around the world can receive quality medical care and feed their children. Even if Ms. Smith would not feel sorry for these unsung heroes if they went bankrupt financing our government's spending frenzy, there are many who would be hurt by the trickle-down effect of the plunder of their wealth.

Posted by Julie on 08/13/2009 at 1:53 PM

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