Rich people don’t have money freely available to just donate to the people they employ. ... Most of the money within the ‘rich’ class, is tied up in investments and stocks.
Annoying Mous ...
Most of the money within the middle and lower middle class is tied up in their homes equity and in their 401k's. A 401k is just that, investments typically in stocks bonds and other financial instruments. If i needed money would I say I can't touch it since it is "tied up in investments?"
I could go online or pick up the phone and sell some of these investments if needed. People do it everyday. People who own small businesses do it all the time.
So I do not have a lot of pity for billionaires (and people who somehow want to justify what they do) who could come up with, if they wanted to, tons of cash on a moments notice. An excuse of "it's tied up in investments" is a cop-out. Of course it is tied up in investments. I bet they don't keep all of their cash under the mattress.
Rub a Dub