Lets say, I'm one of the new billionaires enriched by my mischief in AIG or Goldman Sachs or w/e, and i also benefited from the 700B bailout. Like most billionaires, i have all the necessities of life, so most of my money is not just stored in some bank account, just sits there.
Now, lets imagine that my billions are instead in the hands of a few thousand middle class folk. Since the middle class doesn't have all necessities, they spend this money. When they spend this money, it goes into the pocket of someone working for a factory in Malaysia. Now this Malaysian buys bread from a baker, the baker buys a car from a dealer, then that dealer, being more fortunate than others, buys an IPad, the proceeds from which go into few programmers or w/e working at apple.
Is this a simplistic view? Are economics more complicated than this? Probably so. But what matters is that for things not to get so fucked up, you dont need to be a major and years of experience in the field of economics.
Maybe you ought to get a degree and a few years of experience in economics. Maybe your views wouldn't be so moronic anymore. First of all, billionaires don't just put all their money in a bank account and have it "sit there." If you look at the networths of the richest people in the world, it regularly fluctuates by billions in mere months at times. If you think that it's because all those guys bought billions of dollars worth of random shit, you're an idiot.
Second of all, the middle class absolutely possesses all life necessities. That's what it means to be middle class. If you can't afford basic necessities, you can't call yourself middle class. You call yourself sub-human piece of shit poverty class. The notion that the affluent are selfish for not giving their hard-earned money away to the government so that more middle class people can afford iPads is ludicrous.
Success isn't something to be punished, and failure isn't something to be rewarded. Sorry, if you can't make enough money to live comfortably, you're a failure. That's all there is to it. Sorry bro, you failed at life. The top 1% of earners probably pay somewhere in the ballpark of 35% of ALL income taxes. The bottom 50% of taxpayers probably pay less than 3% of overall taxes. And they want the rich to pay more. Maybe they should stop be worthless leeches to society and try to make something out of their lives. Then they wouldn't have to beg for more scraps from the social security and medicare table at the expense of the people who actually worked for their money.
Does corruption and a general lack of ethics exist in business at times? Absolutely, but that exists in realms beyond business. Wall Street has done seedy shit, energy companies have done seedy shit, lots of companies have done seedy shit. And by all means, in all cases where laws were broken the offenders should be prosecuted for it. But that doesn't intrinsically make all rich people evil, and it most certainly does not entitle the average poor redneck dumb as nails American to ANY of their income or livelihood. Yeah, a doctor gets to roll around in a BMW during a depression while the idiot who spent their time in school getting high 24/7 can't afford to fuel up his 1992 Buick on his McDonald's salary. That's not wrong, that's justice.
Don't blame the rich because 99% of Americans can't handle basic shit like paying their bills and saving for retirement. Just think of how many people have bad credit, and LITERALLY all that it takes to have a 800+ credit score is to...pay your bills. That's right, all you need to do for a great credit score is be an honest, decent fucking human being and pay for what you get! Of course, most people have sub 650 credit scores and horrible debt because a new iPhone was more critical than rent and a 401k contribution. Gives you an idea of how retarded most people are with money. Fact of the matter is that if people learned how to manage money better, no one would care what proportion of taxes the rich did or did not pay.