| bannedagain said:
First off we are not talking about a household that makes 100,000 and your point has no real answer because it would never happen. People making 40,000 don't get hand outs. THE WEALTHY, LIKE CORPERATIONS AND SUCH PEOPLE DON'T USE THE MONEY TO CREATE NEW JOBS but yet they get handouts more then the poor with the bush tax cuts. They are sitting on more money then they ever have. Wheres the jobs if this works. You want me to make it simple for you. Here If I own a shop and I get more sales because people have more money for things they need, like food or personal products, Whatever. I have to hire more people to deal with the business. In turn when money is with the rich it doesn't trade hands very much and usually goes into things that don't help stimulate the ecconomy. People don't have money for loans when there are no jobs. So putting money back into the working classes hands, like fixing roads, bridges and the such which is way over due. Makes more sense then putting it into the rich's hands to sit there. It will get spent faster and creat more jobs just by them working and paying there bills. People are not eating buddy and the rich are. So what makes more sense. So the real deal is the corporations don't need it. Nor do the wealthy and ask jesus what would he do. Give more food to people who have enough to last the rest of there lives or somebody that don't have anything to eat now. If you can't understand that there are no jobs and people are suffering then you are selfish and greedy.
Let me add to that. A lot of rich use off shore accouts to not pay taxes and also takes the money out of our economy. So Learn your facts. |
First off, it doesn't matter what the level of money is the general concept is the same ...
If an individual or institution has $1,000,000 it is in the economy regardless of whether it has been spent on goods or services. We do not live in a cartoon, and there are no great big money bins that hold saved money out of the economy. Money that is in bank accounts, investments or is spent on goods and services is being circulated in the economy. It doesn't matter if the money is being used by "Rich" people to buy private jets or Yachts (which tend to employ middle class Americans to manufacture these goods), or for "Poor" people to buy cheap chineese manufactured goods, the money is being circulated through the economy.
Now, being that it is already flowing through the economy you can't divide it and end up with more money any more than you can divide a litre of water in a way to get more than a litre in total.
The "loss" of money in the system is from lack of lending from banks because of much needed tightening of lending standards and a loss of collateral of most people borrowing the money. Until small business can get loans to expand and grow the economy it will be difficult for the economy to recover.
