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When you look at the bigger picture financials it does take money out of the economy because money invested in public services drives more jobs. Money hoarded b
by pushpop 8y ago
When you look at the bigger picture financials it does take money out of the economy because money invested in public services drives more jobs. Money hoarded by an individual only creates wealth for that individual. Sure they might reinvest that wealth but often not in a way that directly nor indirectly grows the economy - or at least not in worthwhile way for those who it matters the most to.
This is part of the reason (albeit just a small part) why the rich and poor divide grows wider year on year. If it were as simple as you described, that wouldn’t happen.
- appleiigs 8y agoNo, you have a lot of pop culture myths in your comment that are just not correct.
- pushpop 8y agoIf that were the case you’d have easily disproved them instead of making meta comments
- appleiigs 8y agoI’m not going to write a econ 101 textbook for you.
- deleted 8y ago[deleted]
- pushpop 8y agoIf the only type of comment you can muster is ad hominem attacks and posts telling me how you can’t be bothered to post then I can only assume that the real reason you’ve not offered anything more persuasive is because your don’t understand the topic enough to actually discuss like a mature adult.