RE: Kickin Em While They Are Down
December 4, 2010 at 9:53 am
(This post was last modified: December 4, 2010 at 10:05 am by Isun.)
The idea that the rich actually "create" jobs is ludicrous. How do employees get paid? By people spending money. That's right, spending. That means that money to the poor and the middle class tends to be more stimulating because they spend a higher percentage of their income on products. What do the rich do? save their tax cuts.
A President or a government that is responsible will concentrate any "deficit" spending on stimulative activity. That means that unemployment is stimulative and therefore should be approved. Tax cuts for the rich are not stimulative and as such it is deficit spending for no reason. Tax cuts for the middle class and the poor are stimulative and therefore should be done.
A President or a government that is responsible will concentrate any "deficit" spending on stimulative activity. That means that unemployment is stimulative and therefore should be approved. Tax cuts for the rich are not stimulative and as such it is deficit spending for no reason. Tax cuts for the middle class and the poor are stimulative and therefore should be done.