Post
Topic
Board Economics
Re: Which problem will you choose to solve?
by
mvdheuvel1983
on 07/09/2023, 19:42:35 UTC
When you solve a problem it either benefits the rich or the poor. Job creation benefits the poor more than the rich. However when the government gives people like Elon Musk the permission to build a gigantic Tesla Battery manufacturing factory in Texas, it benefits the rich because they would buy more shares in the company, making it more profitable, also he doesn't get to pay taxes. It also benefits the poor because of massive job creation.

Lastly, the problem of the poor soon becomes that of the rich if it is not solved.