In USA, asserts the FOX Business analyst and conservative: "As much as success has been dogged and treated with disdain there is no doubt in my mind that the overwhelming majority of rich people have a different sort of will and determination than the masses. I think that it's crazy when the crowd that runs home at 5:00:01 would have contempt for those that continue to work deep into the evening. According to the author of 'The Millionaire Next Door', 80% of wealth is first-generation affluent. The idea that every rich person in this country was born with a silver spoon is a myth driven by the envy of those that watch from afar in their Lazy Boy. I mention this because this nation needs its citizens that are currently wealthy and those that have the skill, guts, and luck to join their ranks to be able to operate without constraints. Those constraints range from harsh rhetoric by politicians and the tidal wave of new taxes, fees, and regulations on the horizon."
He continues his commentary: "Now is the time to unleash our entrepreneurs and small businesses, and also to encourage big businesses to reverse job cuts and money-hoarding as they prepare to battle on the global stage. According to Chicago based marketing and research firm the Spectrom Group, U.S. millionaires increased in number by 16% to 7.8 million; households with net worth of $5.0 million or more increased by 17% to 980,000 in 2009. The thing is that these rebounds were powered by the bounce back in the stock market. Just about everyone I know that abhors the rich doesn't 'play' the stock market. Of course, they like to shop. That image of a security guard being trampled to death at a Wal-Mart (WMT) on Black Friday a couple of years ago proves trickle down is the only way wealth can really spread through our economy. When President Obama talks about a trickle up economy we are already there. The masses spend their money and send it to the top of the economic pyramid."
More commentary from Mr. Payne: "We need small businesses to save the day, but that can't happen until the coast is clear. The battle against business has to cease. I'm not sure why the White House doesn't listen to any of the major organizations representing small businesses and yet claim to be friends to small businesses. Perhaps it's because these organizations have been critical of policy proposals, but that shouldn't matter. In fact, skepticism should be welcomed and there should be a willingness to learn from those that are in the trenches.....The government really can't create jobs unless they raise taxes on the shrinking pool of taxpayers, thereby negating any positive impact. The fact is that I think the government should abandon its ambitions to create jobs and instead find a way to extend an olive branch to the people that know how to create real jobs that generate economic prosperity. The government needs to fertilize the environment so businesses know they will not be railroaded and demonized. There aren't many people out there that pay their bills, pay for their children's education, and put cash away for retirement that don't do this as part of riding the coattails of the wealthy."
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CHARLES PAYNE OP-ED: Time To Unleash The Millionaires
