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Tag: Entrepreneurs

To The Head Of The Class.. Warfare

By JGillman, Section News
Posted on Fri Dec 03, 2010 at 09:20:21 AM EST
Tags: Jobs, Taxes, Michigan, DeVos, Illitch, Dominos, Dancing guy, Entrepreneurs, Wealth, Congress, Tax Hikes, Class Warfare (all tags)

Huh..

Rich people create jobs. To grow their income they either invest it in outside companies or perhaps their own, which will use the investment to expand, OR they will spend it on the types of products that require manufacture. Manufacturing itself requires the creation of jobs for the process. A manufacturer, or Value adding business must produce a product that is worth more than the sum of its ingredients, or it fails.

That is a good thing right? ..Why yes, it is..

Profits extracted from the process, are flipped back over in the manner described above.

Michigan manufacturers and business owners have created an incredible amount of wealth over the years. In that process there were a few folks who certainly have done well for themselves, including icons like Mike Illitch, Tom Monahan, Dick Devos, and Rick Snyder to name a few. These 'fat cats' have made it possible for a number of other entrepreneurs to find their road to riches as well.

Its kind of funny however, when politicians discuss these folks as if they are bad ones that need to be punished..

Below the fold we go!

(2 comments, 759 words in story) Full Story