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> Except that the money is going back to people who are going to spend it 1. People have disposable income. With higher taxes needed for the safety net, the
by bb88 7y ago
> Except that the money is going back to people who are going to spend it
1. People have disposable income. With higher taxes needed for the safety net, they will have a lot less of that. Less dinners,
2. One way to measure the success of the economy is to look at GDP. Another way to look at it is how much are people making from employment. GDP may still be the same, but actual employment may be lower. So yes, it can still drive the economy, but through the lack of jobs.
- cortesoft 7y agoI would think both average quality of life and the quality of life of the worst off would be a better measure than "employment" Employment is not an intrinsic good, it is a means to an end.