Quote:
Originally Posted by Gridlock
All true.
But are they?
If that is the goal, and its trotted out everytime that someone brings upu Buffett, then people should be able to point out all the new companies that are innovating and creating new opportunity. BUT...
The gov't had to back 1/2 billion in loans to a solar panel manufacturer, and they went bust.
Yes, I am aware that it was to create green jobs, that may not have the usual returns that billionaires would look for.
If the billionaires are causing all this growth, and new investment, then the housing crisis should have been a blip in a graph, because the employment levels would be so low, that it wouldn't have happened. They've had 30 years of the money to let it trickle, but it hasn't. Open your eyes. It is sitting, at the top.
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I think he's talking about entrepreneurs who are not yet billionaires looking to create opportunity in areas where the established players aren't interested or looking at: the next millionaires, billionaires, or even just small biz owners.