"Newps" wrote in message news:ccKdneZWWrnmU6XcRVn-
The more money you have to spend the better
the economy will be.
I didn't agree with it when Reagan called it the "trickle down" theory, but
I think it's because I don't think that money necessarily trickles down. It
can, but it also trickles over and up.
An economy depends on the movement of money from one entity to another. If
everyone just held on to their money at the same time, the economy would
cease to be. The more money I have in my hand, the greater the odds that I
will give it to another person in exchange for goods and/or services.
I have a very liberal neighbor, a carpenter, who was bitching about how bad
the economy is right now. I told him that it wasn't that bad to me, as I
handed him over 6K to build a screened-in porch onto my house!
The irony of that moment made us both laugh.
-Trent
PP-ASEL
|