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fasttense

(17,301 posts)

5. It would work much better to stimulate the economy.

Reply to HiPointDem (Original post)

Mon Jan 28, 2013, 07:52 AM

Jan 2013

Poor and middle class spend almost all the money they make just to survive. They keep the money moving and circulating. The rich hoard it and cause the economy to stagnate.

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Solution to all economic problems = give free money to people (it's good enough for the banksters..) [View all] HiPointDem Jan 2013 OP

Bottom-up economics works; trickle-down fails Scootaloo Jan 2013 #1

The only trickle down is warm, yellow and smells funny. hobbit709 Jan 2013 #3

Democratize money creation tama Jan 2013 #2

i think it was kenya? where some NGO gave money xchrom Jan 2013 #4

It would work much better to stimulate the economy. fasttense Jan 2013 #5

Here is the difference quaker bill Jan 2013 #6

I wouldn't necessarily "spend it." KansDem Jan 2013 #11

right - many would pay off debt, so it would go back to the banksters anyway... lol nt docgee Jan 2013 #14

Yeah, but it would be a "one-time payment" KansDem Jan 2013 #17

You might not, and I might not quaker bill Jan 2013 #22

It is not too far fetched. I'm payed $20 a day to stay out of jail. Downwinder Jan 2013 #7

That's interesting. I've never heard of that. It certainly seems smarter than locking people Flatulo Jan 2013 #12

The Republican Party ProSense Jan 2013 #8

Works for me! AnnieK401 Jan 2013 #9

Didn't dumbya, spartan61 Jan 2013 #10

Actually that was more of a one shot bribe. RC Jan 2013 #13

If we give money to the poor, it ultimately helps the wealthy too Orrex Jan 2013 #15

It may be our greatest tool in battling climate change. raouldukelives Jan 2013 #16

Actually ... That's kind'a whats happening econoclast Jan 2013 #18

the writer acknowledges it; his point is it would be better just to give directly than letting it HiPointDem Jan 2013 #20

But it IS going directly not trickeling down econoclast Jan 2013 #23

your definition of 'directly' & mine are different. HiPointDem Jan 2013 #24

It would give a much needed boost to the economy. Think of all the people DogPawsBiscuitsNGrav Jan 2013 #19

Demand side economics. woo me with science Jan 2013 #21

+1. As long as there aren't enough (decent) jobs to go around, it's the ONLY answer! reformist2 Jan 2013 #25