Hutch Starskey
Diamond Member
- Mar 24, 2015
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You are desert Texas Kookoo rotting from the neck up in the sun.You don't understand the difference in creating wealth and spreading it around.
Would you like some example?
A farmer raises produce on his farm and takes it to the local farmers market.
People pay him for that produce, thus he has just created wealth by the utilization of natural resources.
The same is true of oil and gas producers pharmaceutical manufacturers or anyone else that utilized natural resources to create goods of ever greater wealth.
A man owns land, digs from it coal, sells coal to people in the city to heat their homes,
A farmer raises and butchers his own meat for sale in the family meat market.
I lease water rights on my property to the city so they can pump water for the citizens.
I sell gravel by the ton mined off my property for the city to build roads and parking lots with.
These are examples of wealth creation.
That is how America became the richest nation on earth and why we're steadily moving backwards in wealth creation as we move away from that type of economy.
A ton of gravel in a hole on my property has little to no value but when it is utilized as described above it becomes a source of wealth creation.
In the US we used to mine, process, and fabricate products from our own Iron ore mined in the US. At each step in processing that iron gains value, jobs are created, and tax revenues were generated all the way from the ground to the screws you use in the home or the cars we drove manufactured in Michigan.
That's why the old industrial center of the US and the cities like Chicago, Pittsburgh etc. is rotting from the neck down. The means by which their great wealth was generated is gone.
![cuckoo :cuckoo: :cuckoo:](/styles/smilies/cuckoo.gif)
People generate wealth through the sale of their time and expertise to their employers. The concentration of the workers in cities creates downstream wealth for those meeting their demand for products and services. Commerce on a large scale.
BTW- cities are not rotting. Try getting out of the desert and look around once in a while.
![www.forbes.com](https://imageio.forbes.com/i-forbesimg/media/lists/places/pittsburgh-pa_416x416.jpg?format=jpg&height=416&width=416&fit=bounds)
Pittsburgh, PA
Pittsburgh is known colloquially as The City of Bridges and The Steel City for its many bridges and former steel manufacturing base.
![www.forbes.com](https://i.forbesimg.com/48X48-F.png)
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