After you explain how inequality is healthy for a nation and how the 1% hoarding money helps the economy
Fine. For one, there is no inequality. Every American citizen has the right to a free education, and free college education if they take the time to work and study enough to do well enough to receive scholarships or be eligible for a Pell Grant. They have the equal right to pursue any aspirations they have in life and to choose who they want to be. No millionaire is keeping them from doing that.
The inequality you speak of it the disparity between the rich and middle class, and the poor. The rich worked hard to build what they have because that is what they wanted. With that, comes much risk taking, and a lot of stress. Not everyone is capable or willing to deal with that. But the rich are the ones who create jobs..people willing to take risks and start business create jobs for those who choose not to take the risk and just want to live a normal life with a comfortable income.
The poor chose not to take advantage of the opportunities given to them to better themselves. They were given equal opportunity, they just didn't want to take advantage of it.
It is healthy for a nation because giving incentive to people to work and build business creates jobs and a healthy economy. Giving free welfare handouts to live on does not create that incentive. On the other hand, government grants, loans, etc given to people of less fortune that have aspirations to create a business is a good thing. This gives incentive and that person will give back to the community.
Do some people inherit wealth from parents? Yes, but that parent or someone in the family worked for that wealth and it is their right to choose who they pass it down to. One of two things will happen..the one inheriting the money will invest it and continue to work and grow what their parent started, or they will prove to be incompetent and blow all their money. in this case, they go broke and that money was put back into the economy somewhere and in the hands of someone who will decide to use it wisely. But in either route it goes, a capitalistic country works out better for the economy.
A socialistic one does not, because it harms the workers and the business owners, therefore increasing inflation, ruining jobs b/c business owners can't afford to pay more employees b/c of higher taxes that are being used to pay for the government welfare programs supporting the leeches. More people without work, more people on gov't assistance. More leeches, eventually there are more leeches than tax paying workers and the country goes broke. It is a domino effect that needs to be thwarted or else we will see a depression like we have never seen before. The government will run out of revenue, the entire economy will crash and everyone will be forced to suffer and start over from scratch.
Now let's hear your explanation.