sit on it. I think rich people used to invest it. Some still do, but I think most just sit on it these days, and to be honest, with the way things are I can't say I really blame them. See you think that I just think rich people are evil and all that but that isn't true at all. I don't blame Mitt Romney or any other rich person that follows the letter of the law when it comes to their taxes. I would do the exact same thing if it were me. Do I think he should have to pay a higher rate, well yes I do, but not if it's not the law. See here's my thing. I'm tired of hearing about how Obama and democrats just want to attack the rich, and attack success. Bullshit. Obama is just as much an elitist and lover of corporate blood money than anyone else is. Also, the rich are paying less taxes now than they ever have. And still jobs only being created at a snails pace. But their answer is more cuts for the rich. More deregulation. Which by the way, sounds bad, but I'm having trouble with deregulation. It would be one thing if we actually had honest people working for the government that oversee regulations, but most of them can just be bought off by corporations, so I'm still confused on that issue. Also, corporations, you think I detest all corporations. No, I don't. There are plenty of corporations out there that do the right thing, don't pollute, that take care of their employees, and treat them extremely well. But alot don't. I kind of went off, but to answer your question again, I think most of the rich people today, sit on their money.
Investing money does not create jobs. Trickle-down economics was disproved many years ago. It doesn't work. if it did, the economy would not have crashed after two terms of Bush tax cuts. It doesn't work.
So when you invest in a company, they just pocket the money and somehow stay in business not employing anyone or investing in their product?
it means what it sounds like. if I buy a pound of weed, and don't smoke it or sell it, or give it away, or trade it, i am sitting on it.