"Most material things except food ARE nearly worthless"

Very true Peace. There are rich people in varying degrees who are willing to pay too much for things and that creates an inflated net worth on paper.

Take those people who can overpay out of the picture and we are back to the barter system. What would a Van Gough be worth if there was nobody that could afford it? Someone that owned a chicken that could lay eggs would be richer that the Van Gough owner.

Bobert: It is not that "the-economy-woould-collapse-without-rich-people". It that the economy would collapse if rich people had to liquidate all the stuff that makes them rich, like $300 million yachts, in order to fork it over to the poor folks. Who would buy it? The poor folks?

Who would buy Larry Ellison's Yacht for $300 million? It would be worth about as much as a rowboat if all the rich folks were selling all their expensive stuff in order to fork it over to the poor.

Bobert has his mind fixed on rich folks as his final answer and he thinks objectively to find whatever it takes to arrive at that conclusion. Objective thinking rather than subjective thinking.

Why did those "real economists" have to pay for that ad Bobert?

If it is true and the rich folks and the government are in control of the media, how did it ever get published?


(Asked of 484 adults in Form A) Do you think the tax cuts which Congress passed and George W. Bush signed into law have mostly helped the U.S. economy, have had no effect or have mostly hurt the U.S. economy over the past three years?

Mostly helped          39%
No effect               23
Mostly hurt             35
No opinion               3

(Asked of 531 adults in Form B) Do you think the tax cuts which Congress passed and George W. Bush signed into law have mostly helped your family, have had no effect or have mostly hurt your family over the past three years?

Mostly helped          34%
No effect               48
Mostly hurt             16
No opinion               2