R
rdean
Guest
There are those who believe if you just give money to the "rich" they will "make jobs".
Or that "tax cuts" for corporations remove "uncertainty", and if you give them money, they will "make jobs".
As if "make jobs" are "magic words".
The truth is, in a capitalistic society, it all revolves around "supply and demand". If there is demand and people can pay for it, jobs will be created and corporations will hire. It's "just that simple".
If no one in the Middle Class has any money and the only people with money are rich people, then there is no demand because no one can buy anything. If no one can buy anything, then there is no supply. With no supply, there are no jobs.
For this reason, huge tax cuts for rich people do nothing for the economy. It is simply moved off shore to shelters. Obviously, unemployment benefits will spur the economy simply because the money goes right back in to the economy.
So the "myth" that every thing "trickles down" from the rich can finally be put to bed.
Or that "tax cuts" for corporations remove "uncertainty", and if you give them money, they will "make jobs".
As if "make jobs" are "magic words".
The truth is, in a capitalistic society, it all revolves around "supply and demand". If there is demand and people can pay for it, jobs will be created and corporations will hire. It's "just that simple".
If no one in the Middle Class has any money and the only people with money are rich people, then there is no demand because no one can buy anything. If no one can buy anything, then there is no supply. With no supply, there are no jobs.
For this reason, huge tax cuts for rich people do nothing for the economy. It is simply moved off shore to shelters. Obviously, unemployment benefits will spur the economy simply because the money goes right back in to the economy.
So the "myth" that every thing "trickles down" from the rich can finally be put to bed.
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