athena53
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 11, 2014
- Messages
- 7,978
As for participating in the economy, isn't supplying capital by investing one's lifetime of savings in the markets an important service and contribution? Or is buying a mountain of plastic crap made in China the only way to participate?
Ah, but investment income is "unearned". Just look on any tax form.
Most of us still contribute to the economy in retirement. Just take a look at the Travel board and the Health board (even those of us who are healthy tend to spend a lot on supplements, gym memberships, bicycling equipment, etc.). And some of us still splurge on occasion. The 2 pairs of Western boots I bought last weekend were made in the USA, bought from a bricks-and-mortar store in TX and sold to us by a very competent saleswoman who gave us good advice on how they should fit. I hope she made a nice commission.