Wednesday, October 26, 2016
Live Well, So That Others Have A Job
The motto "live simply, so that others may simply live" is a popular idea among those criticizing consumerism. When I worked at HP, there was a group of wealthy liberals that used that slogan. This makes sense if you have >$200K household income, as was quite typical with two HP employees married. Now, if you have more money than you know what to do with, and you spend some of that income to help the poor, there is much merit to it. But there is another strategy. Spend your money on things that give jobs to people who work. In that case, living well by spending money will create jobs for those who might not have them.