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Old September 3rd 04, 09:05 PM
Newps
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Peter Gottlieb wrote:

"Newps" wrote in message
...

Economics - Maximize wealth at top (trickle-down theory). Works
well for top, worse for others.


That is a fundamental misunderstanding of what trickle down means.



Well, then, correct the misunderstanding. If it is so "fundamental" then is
should be trivial to correct.


Very simple. The more money you let all people have the more money that
can ciruclate in the economy. The more you have the more that trickles
down. For example 4 years ago I put an addition on my house for $55K.
If I don't have access to that money the contractor I hired doesn't get
the job. He makes a certain amount of profit, now he can trickle down
some of his money to somebody else by spending his money on something
that is important to him. The more money you have to spend the better
the economy will be.