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> This is effectively equivalent to "trickle down economics." Ie, if we give money to the rich, they will use it to buy things or to invest, thereby growing the
by darawk 7y ago
> This is effectively equivalent to "trickle down economics." Ie, if we give money to the rich, they will use it to buy things or to invest, thereby growing the pie for everyone.
Trickle down economics is a theory about who benefits from giving money to the wealthy. I'm not making any statements about who benefits. What I am saying is that when some companies return cash to shareholders, other companies receive that cash in the form of either revenue or investment. This is how the economy works. It is, more or less, a closed system.