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re: Trickle Down Economics Explained

Posted on 5/26/17 at 9:21 am to
Posted by Lou Pai
Member since Dec 2014
28182 posts
Posted on 5/26/17 at 9:21 am to
quote:


If you give me a $1,000 tax cut, I'll say "cool" and stick it in the bank. Does nothing to boost the economy.


Do you a) understand what a bank does, and b) understand what wealthy people generally do with excess savings?

Aside from the perverse mindset one must have to think the rich don't "deserve" their own money, it is also just another reason liberals are innately ignorant about economics, and what can drive or retard economic growth.
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