by "investing", you mean investing in themselves only, not the country.
which to them is "wise".
which yes, is why the rich have a surplus. A MASSIVE BEYOND BELIEF SURPLUS.
and why the govt has to borrow to meet it's commitments.
when the original distribution of income is "almost all for ownership, bare minimum to pay expenses for workers", that's to be expected is it not.
and what that leads to in the long run is expected as well.
we've balanced the budget in the past.
what's changed is the initial distribution of income, and the tax rates for the rich and corps.
Employers use the investments of the rich to help make workers more productive. This then allows employers to raise wages.
Everyone benefits.
If we start taking more from the rich they will take their marbles and play in other country's backyards. Help raise the standard of living elsewhere.
IGW, when I say stuff like the above to people who know me, they will ask, "You don't really believe that, do you ?".