ST Alpha - "Not only that, but their discretionary, "silly" spending keeps a lot of people employed. -- nm" (Reading a Post)

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In response to "What I've been pondering: What if this forces them to default on their mortgages?" by ty97

Not only that, but their discretionary, "silly" spending keeps a lot of people employed. -- nm

Posted by loosilu (aka loosilu) Feb 10 '09, 12:55

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Responses:

And yet, I bet those people manage to live on a lot less than half a mil a year. -- nm - TaurusII Feb 10, 12:58 8
- they'll have to when they lose their jobs. -- nm - loosilu Feb 10, 12:58 7
  - My question is, if they've mismanaged their companies so badly, why do these people still have jobs at all? -- nm - TaurusII Feb 10, 13:03 6
    - Too ritzy to fail! -- nm - Reagen Feb 10, 13:06
    - I'm not talking about the execs, I'm talking about the significant economy that their large salaries support. -- nm - loosilu Feb 10, 13:06 4
      - Then why require them to work at all? They'd do less damage if we just gave them a couple of million a year. -- nm - TaurusII Feb 10, 13:12
      - Does the government ever embark on wasteful spending in your eyes? - Loyola Feb 10, 13:11 2
        
        this isn't an outlay. this is cutting a stream of revenue. -- nm - loosilu Feb 10, 13:12 1
        
        It's an individual's outlay into the wider economy once he's received his wage packet that you seek to justify under the auspices that his spending of - Loyola Feb 10, 13:15
So does wars. What's your point? -- nm - Loyola Feb 10, 12:56 2
- *speechless* -- nm - loosilu Feb 10, 12:57 1
  - Forgot my smiley face :) -- nm - Loyola Feb 10, 12:57

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