Quote:
Originally Posted by pornguy
Err.. If you bail out the poor or middle class, they WILL SPEND the money. Its the rich that horde it.
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how do you "horde" money?
you are saying "rich people" put money under their pillows?
rich people invest money. they buy investment instruments. they put their money in banks which in turn loan you that money to buy a car. they buy cars and planes and boats. they invest in new business.
where is it you think these poor people are spending money? at poor people businesses buying .10 shirts and socks? of course not, they are buying tvs, mobile phones, designer jeans, gold teeth and 24" wheels from rich people who actually create those companies and products, which then creates jobs, which then puts money in peoples pockets to spend it on retarded shit like people in this country LOVE to do.
how the fuck can someone who is over the age of 10 say "the rich horde money"
here's a hint for you.. the economy and the financial markets are not a zero sum system. wealth is created. economies grow. you can't "horde" money unless you are putting it in a vault and pulling it out of the system.
