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re: Tax Cuts - The Lunch Analogy
Posted on 12/6/17 at 10:51 am to BigJim
Posted on 12/6/17 at 10:51 am to BigJim
quote:
You think that CEO's (the wealthy in this analogy) are really what's driving the spending in our country???
I was going more for what a cross section of Americans would theoretically be able to afford to eat rather than a macro economic spending profile.
The whole analogy is flawed to begin with because you're trying to relate tax cuts (on income) to discounts (on spending), which are entirely different.
I'm starting with a flawed analogy here man, so don't hold me accountable when it doesn't really make sense...
This post was edited on 12/6/17 at 10:53 am
2
Posted on 12/6/17 at 10:54 am to cahoots
quote:
I'm starting with a flawed analogy here man, so don't hold me accountable when it doesn't really make sense...
No, you just aren't understanding the analogy if you think that the $100 bill is representative of each person's earnings.
Posted on 12/6/17 at 11:02 am to cahoots
quote:
I was going more for what a cross section of Americans would theoretically be able to afford to eat rather than a macro economic spending profile.
The whole analogy is flawed to begin with because you're trying to relate tax cuts (on income) to discounts (on spending), which are entirely different.
I'm starting with a flawed analogy here man, so don't hold me accountable when it doesn't really make sense...
Cognitive dissonance...look it up
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