4 ms·
If anything, this somewhat refutes the GP's point. Giving money to low-income people and increasing their spending didn't make up for the larger decrease in hig
by noirbot 6y ago
If anything, this somewhat refutes the GP's point. Giving money to low-income people and increasing their spending didn't make up for the larger decrease in high-income spending.
This is not to say that we shouldn't support low-income people, that's important as a moral and civil matter, but the economy at large, by volume, includes a lot of things that mostly high-income people spend on, and those things often employ a lot of people.