hown to ignite a recovery. When a person's income is lower, the
             likelihood of using additional income to consume or purchase products and
             services is higher than that of a person with a higher income. People with
             higher income tend to dump their savings into "the kind of speculative
             activity that helped create the Great Recession" (Judis).
             The problem is not that the rich are living far better than the rest
             of the economy, but that when too much money is concentrated in the hands
             of the few, the overall economic demands for goods and services contract
             since the truly rich tend to not spend the majority of their earnings.
             Since the purchasing power of the majority is decreasing there is no real
             domestic demand for a higher standard of living. This causes the rich to
             invest their savings overseas which helps foreign economies grow while our
             "Consider the nearly $100 million Kenneth Lewis earned as CEO of Bank
             of America in 2007, as he was leading the bank toward collapse (and
             absorption by Merill Lynch). To spend it all, Lewis would have to buy
             $273,972.60 worth of goods and services to spend $22,831 every hour,
             $380.52 every minute" (Aftershock 33). It is a problem that only the
             richest of rich are familiar with. To be able to spend ridiculous amounts
             of money every single day is actually challenging and seemingly impossible
             when a person is actually making money as they sleep. Most people do not
             even have the time, energy, or appetite to be spending all the time. "That
             second piece of pie never tastes quite as good as the first. Once we have
             had our fill of anything, additional portions aren't as attractive to us"
             ...