The problem with poor people is they don't have any money. -- Government loans money to society, which is repaid thru taxes. Loaning money to the lower quint

The problem with poor people is they don't have any money. -- Government loans money to society, which is repaid thru taxes. Loaning money to the lower quintiles is Keynesian demand-side policy, to the upper quintiles is supply-side Reaganomics policy. There isn't an ideal single strategy. We simply need to target and adjust these loans and taxes, as needed, to nudge the economy in the desired direction. Short term, we need thresholds for triggering automatic actions, so the economy can be managed something closer to real-time. For instance, start sending out stimulus (give poor people cash) whenever there's X number of consecutive quarters in recession.