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Not if people save money. What you're saying is some other formulation of the trickle down, and it just doesn't work. Welfare is a form of redistribution. The
by jokoon 11y ago
Not if people save money.
What you're saying is some other formulation of the trickle down, and it just doesn't work.
Welfare is a form of redistribution. The economy is much better when money is spent for housing people, feeding people, and let them have a decent, small amount of leisure. It's a matter of scale. You better have more people spending money, than fewer people spending it.
You better build 25 town car than 1 ferrari. But I agree that some can praise individual success and consider that people living in poverty is okay, but I don't think it really the country as a whole.