RE: TED talk: It's the middle class consumers, not the rich who create jobs
May 20, 2012 at 2:46 pm
I think its the poor who keep the economy rolling.
My reasoning is thus.
Middle class and rich people have savings, this is money that is tied down and does not benefit the economy.
100% of poor peoples money goes back into the economy. It is the cirulation that keeps economies healthy not the hoarding.
My reasoning is thus.
Middle class and rich people have savings, this is money that is tied down and does not benefit the economy.
100% of poor peoples money goes back into the economy. It is the cirulation that keeps economies healthy not the hoarding.
You can fix ignorance, you can't fix stupid.
Tinkety Tonk and down with the Nazis.