Reply #20: Saving isn't a stimulant [View All]

[Ruby the Liberal]

Why the tax cuts for the rich are such a bad, bad idea. Seed the poor, and they spend. Seed the rich and they invest.

The more the poor spend, the more businesses can pay their employees, who then spend at businesses who can pay their employees and on and on it goes.

This is why tax cuts are at the bottom of the stimulative heap and food stamps are at the top (most stimulative) closely followed by unemployment. The latter 2 go right back into the economy.