Didn’t the Rich Help Make America Great, Too?.
In the code brand new debate speech, Sen. Hillary Clinton said, “It is not abounding people who finished America great, it is overworked Americans.” If you have been rich, or know someone who is rich, this matter competence set upon you as intensely odd.
When used in the same sentence, the conditions “rich” as well as “hardworking” have for surplus prose. The abounding have been often driven by the relentless work ethic which causes them to grind intensely prolonged hours in their selected professions. Successful entrepreneurs, in fact, have been frequency successful retirees, since the certain tall they get from operative hard. And unless they’re in between the tiny commission of Americans who hereditary their wealth, they have turn successful — as well as abounding — usually since they have solved formerly unmet marketplace needs.
Indeed, discordant to the notice which the abounding feat their approach to wealth, the surest trail to cache involves fulfilling the desires of the immeasurable infancy of people who have been not rich. For which alone, the abounding have been executive to what has finished America great. If you have been in disbelief about this fact, because not revisit the tiny blurb operation history.
That John D. Rockefeller, perpetually synonymous with the word “rich,” declared his association Standard Oil was no accident. At the time, the kerosene which Americans used to light their homes claimed an normal of 6,000 deaths per year. But his converging of the formerly emasculate as well as unmanageable kerosene attention finished for the commodity which was increasingly permitted as well as protected for all Americans to use. Safe as well as fit became the code brand new standard.
And whilst Thomas Edison did not invent the light bulb, he combined the initial commercially viable illuminated tuber for the masses. In initial Edison Electric, interjection to financing from the really abounding J.P. Morgan as well as the abundant Vanderbilt family, he finished solid which “We will have physical phenomenon so poor which usually the abounding will bake candles.”
Edison’s physical phenomenon innovations of march in jeopardy Standard Oil’s kerosene products with obsolescence, though with Henry Ford’s initial of his eponymous automobile association in 1903, there was shortly an even larger need for oil byproducts. Ford, who died the really abounding man, combined the Model T in 1908 with the normal American in mind. And certain enough, the $825 cost tab in 1908 fell each year thereafter, to illustrate enabling some-more as well as some-more Americans to knowledge the leisure which comes with equipped with the motor transportation.
See the progression? One entrepreneurs’ origination leads to some-more origination as well as some-more abounding entrepreneurs. The story continues . . .
With Americans increasingly roving by car, Howard Johnson combined the roadside grill sequence of the same name in 1925. By 1952 it was the largest grill sequence in the universe — the single which enclosed affordable camp for an American race upon the go. Recognizing which there was room for some-more entrants in this space, Ray Kroc paid for the tiny McDonald’s sequence of restaurants as well as arguably finished it the best-known code name in the world.
Then, as America’s center category grew, consumer needs expanded, opening the doorway for Sam Walton who in 1962 founded the initial Wal-Mart in Bentonville, Arkansas. While Walton’s origination finished him America’s richest man, he enriched his patron bottom by charity formerly untouched products not usually during low prices, though in the future the lowest prices possible. To this day, Wal-Mart shoppers get the “raise” each time they travel in to the single of these stores.
More modernly, you have the mega-moguls in the record space. Bill Gates’s origination of Microsoft finished computer-operating program accessible to the rank as well as file whilst enabling both people as well as businesses to turn exponentially some-more efficient. And the actuality which computers have been increasingly the normal in businesses, classrooms, as well as homes is in no tiny partial due to Michael Dell’s innovations with register management. Dell finished hardware which was once unique, ubiquitous.
Notably, the abounding entrepreneurs didn’t stop mending the lives with their blurb genius. From Rockefeller to Ford to Gates, they have determined foundations which have as well as will go on to plunge into the problems of education, poverty, as well as illness which annoy us to this day. And for tomorrow’s entrepreneurs, the resources amassed by the blurb operation forebears will offer as collateral for code brand new innovations which will go on to have the lives improved as well as some-more fulfilling.
Hillary Clinton wants to heed in between the abounding as well as the hardworking. But the dual have been not jointly exclusive. And whilst the senator is scold in lauding the efforts of sedulous Americans, she is foolish to debase the towering efforts of the critical couple of abounding who have finished so most to have America great.
{ 22 comments… read them below or add one }
Hillary is a socialist!
KFC is running a Hillary Special
Two big thighs, Two Small Breasts and one LEFT wing.
Many rich people supported the revolution for economic reasons. One of my ancestors was very active in financing the revolution, and you will find his signature on a lot of continental currency. He risked his life but he did it in hopes of reaping rewards himself every bit as much as for a new nation.
I don’t like Hillary, not even a little, but she is correct on this one.
Those who become rich do so more by random happenstance than any other reason with the possible exception of those who disregard the law and human values. Many are good people. Had fate decreed that some other person end up with the chain of events that made them rich, that person might have been good too.
Your concept of the staggering efforts of the rich is really kind of funny.
Yes, and they will make it great again when we tax them to pay for our nationalized healthcare…thanks guys.
Hillary is just trying to get her voters to be complacent: she’s reminding them if you work hard and follow the American dream, she’ll knock you back down until everyone else can catch up. This is America, we all gotta be equal after all, right?
If about a dozen rich men didn’t care enough to spend themselves into poverty back in 1776, we would still be kissing the Queen’s bum.
You’re darned right they did!
Yep… many hardworking Americans have become rich due to their efforts. Many rich Americans have contributed to our country – Andrew Carnegie, for instance. Many rich Americans are hard working, too. I totally agree with what you are saying.
Clinton continually digs little holes for herself that will be very hard for her to get out of come election time.
Not rich white liberals. There’s nothing more evil on the face of this earth than rich white liberals.
Americans, rich or not made this country great!
Yes they did.
I believe however, that John Tamny stated it better.
You make a valid point, and the quote was less than ideal to be sure. However, there is an increasing divide between the haves and the have nots in our country. This is not solely attributable to “hard work”. Some of the hardest working people in our nation’s history have never been successful economically. However, this should not detract from the contributions of our nation’s miners, construction workers, teachers, etc. I do not appreciate Sen. Clinton’s divisiveness from the opposite angle, but I agree with her that policy has been skewed too far in favor of the wealthiest Americans. It is a spectrum, and to call Hillary a socialist is to ignore the realities facing our nation. A valid question though.
But ford was a smart enough man to know for the car to be affordable for the average workman he needed to make enough to buy one!Which is why he started to pay his workers $5 dollars a day!Because he knew he needed a prosperous middle class to sell his cars to!
Dude, have you ever even taken a fucking history lesson??
Two things…
First: Stop talking about Hillary. I grow weary of the name and so long as you and people like you continue using it, we wont hear about anybody else.
…and…
Second: Yes, the rich helped make this country great. People who worked hard and became successful became rich. Not everyone who is rich in America was born that way- even Oprah.
Hillary is simply trying to win the election by appealing to the voters. Yes, the rich helped too. How do you think the hardworking average American got a loan or got paid? The rich helped others develop things that we wouldn’t otherwise have. Your car wouldn’t work without the rich. It is very expensive to get that hard to reach oil or natural gas. It is expensive to research the materials needed for the latest advances in hard drives and computer components. Someone needed to invest in all that. No, I wouldn’t vote for Hillary. She stifles investors, doctors, engineers by wanting everyone to live off the government. Russia already found out that doesn’t work.
Maybe at one point in time. The rich of the past invested in the people of this country. Now its invest in the politics and other countries to obtain media attention. They are rich at our expense. I am American, and this country has homeless, no housing, lack of schools, children on the street. and orphans. The rich invest in foreign countries, help the poor, and adopt foreign children, when there are children here wanting parents. You decide your view on this, I have mine.
This is typical Lib/Dem class warfare talk. It’s aimed mostly at the most gullible in our society, those that equate “rich” with “evil”. I don’t know what it is about Lib/Dems that make them so envious of others – it’s a personal failing in my opinion.
Your history lesson is admirable to say the least…and when you speak of such gentlemen as Thomas Edison and Henry Ford and the contributions that were made to our society, their “richness” made it possible for men to prosper. There is a difference between those people whose innovative ideas benefit the country as a whole compared to those who have become “rich” by devouring the middle man, cutting corners at every stop to increase the profit line regardless of worker safety or conditions, and those who have chosen to take their business to a foreign land for cheap labor – again in the hopes of increasing the profit margin.
For every product that is made in America (the number of those items are continually decreasing) there is the labor of the person who produced it (assembly line, hand) and then there is the person who sold it (sales manager, sales clerk, waiter, waitress etc) and it is the labor of these people who make America what it is. The “rich” have become greedy and want nothing more than to be able to snap their fingers and get what they want, not because they worked from the ground up to earn it, but because either by inheritance or private education payed for by “rich” parents they feel they are entitled to it.
We are constantly reminded that the gap between the rich and poor grows ever wider, and the middle class is shrinking, mostly downward. A bottom-line profit that used to satisfy the top tier in industry is no longer satisfactory for the greedy ones. When management makes over 400 times that of the lowly laborer, the gap is truly extreme. Unions that have, in the past, been necessary for safe and equitable laborers now is much like the corporations. Of course we need the rich to own the corporations that hire, but we need them here, where Americans work. We are getting a good taste of cheaper products coming from China that we can’t even safely import to eat or use! Tell me, for instance, how much cheaper “Barbie” and her lead-painted accessories are such a boon to America. And then, count how many people lost their jobs when Mattel moved to Mexico and China! I don’t think the Republican party can do anything about it…maybe the Democrats can. We’ll see!
The rich is why we are great. they reinvest into the economy at profound levels. they create the jobs for other hardworking Americans, and the competition between companies is why the “hardworking” Americans can demand more money. Capitalism works by allowing people to become rich.
After Neil Bush was banned from banking activities for his role in the Savings and Loan scandal in the late 1980s, he decided to bank on education and founded Ignite Incorporated. Ignite sells software to help students prepare to take comprehensive tests required under the No Child Left Behind act that was pushed through by Neil’s older brother – President Bush
You mean good ole hard working rich people like those characters .
In just 15 years, Enron grew from nowhere to be America’s seventh largest company, employing 21,000 staff in more than 40 countries.
But the firm’s success turned out to have involved an elaborate scam.
those rich folks are winners also and how about these rich guys .
Founding Rigas family collected $3.1 billion in off-balance-sheet loans backed by Adelphia; overstated results by inflating capital expenses and hiding deficits
Shredding documents related to audit client Enron after the SEC launched an inquiry into Enron. Done by no other then ARTHER ANDERSON .
We had people working in the penny stock scams who made hundreds of thousands of dollars in commissions and they bankrupted and stole the savings of thousands of people .
Get rich at any cost is beyond me and yes someone who invents the better mouse trap deserves a reward just not 40 billion dollars worth .
The rich do not do the work anyhow they just take a portion of the work done by others and retain it for their own use .
So you can move on about the rich deserving it and how this nation would be nothing without them .
Most of the rich are involved in stealing what they can from the working people of this nation .
Quit dreaming about becoming rich and being taxed 80% like we use to and get back to work making me some more money .
You are leaving some facts out of your story.
To start with, Henry Ford was a communist or a Nazi, I forget which. But his political tendencies were anti-American.
Rockefeller dumped his entire fortune into buying all the oil reserves in America. He had done so to monopolize the lamp oil industry. Whale oil had been used for centuries as lamp oil because it burned clean and odorless. But, whales were disappearing, and he saw an opportunity to corner the market in lamp oil. Edison and the lightbulb killed his scheme.
Because of Edison, Rockefeller faced financial ruin. That is until the advent of the internal combustion engine. It’s a little recognized fact today that the first internal combustion engines were originally designed to run on corn oil, not refined crude oil.
Rockefeller, in order to create a market for his oil, bought up every patent on every internal combustion engine that did not run with refined crude oil. He buried those patents, making them unavailable for production.
Rockefeller’s company, Standard Oil, became the first company broken up by the federal government as a monopoly. Rockefeller was well known as being very underhanded in business and would stop at nothing to eliminate any of his competition. He was not a good person to highlight in your question as an ideal of the upstanding rich who contributed to America. Rockefeller destroyed the fortunes of many people while building his own. It was because of Rockefeller and his practices that major laws like the Clayton act were passed.