Tuesday, July 19, 2011

People you do realize that trickle-down economics is real, ceteris paribus?

Yes, trickle down economics is real...a real joke. It makes as much sense as quitting a full time job to take a part time job, thinking you're going to increase your income. The only way tax cuts will stimulate the economy is to give them to the middle class and poor. Republicans are always saying you have to give tax cuts to the rich because they're the ones who create jobs. However, they won't create more jobs if there is no demand. You create demand by giving the tax breaks to the middle class and poor; they will in turn go out and spend the money on that new TV or washer and dryer they wanted but didn't think they could afford.

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