Ethan
Money List Winner
You seem to have a complete lack of reality when it comes business and what creates wealth in this country. You constantly harp on about the fat cats salting away the money, who do you think creates the majority of jobs? It's the small to medium enterprises, people that startup new business, put their homes on the line, take out loans and work their bits off to get up and running. Some large organisations are as you describe but not all of them and not even most, they employ many people who in turn pay a lot of tax into the system so it's incorrect to believe they salt everything away and dont contribute to the tax system.
There are indeed too many people that abuse the welfare system around and I think most people see it in their everyday lives, no one is saying all people on welfare are like this as that would be wrong.
Regarding the Scandinavian countries, they have many of their own large internationals that are models of free enterprise. They do tend have Social Democratic type systems but not the kind of piffle that was coming from the Labour party in this election. Their economies are quite different than ours but they have much smaller populations, they also pay levels of tax that people here would find hard to accept and get a great deal of State interference in their lives. It's not Utopia.
Sorry to burst your bubble, but the US experience of trickle down economics has shown that giving tax benefits to the rich does not cause a return in either jobs or in terms of greater money circulating in the system. It is a fact that the rich are much more likely to hid their windfalls away in tax vehicles whereas the reworking class are more likely to recirculate their in the economy. The US love of trickle down has burst.
Obviously jobs need to be created but there is a balance to be struck between incentives to do so and protecting the working class. That balance shifted too far recently.
As for lack of reality, I have worked for big corporate companies as well as small VC-backed companies, and dealt with investors from a variety of institutions interested on working with either type.