General Discussion
In reply to the discussion: "I never met a veteran who fought for socialism". Comebacks, please? [View all]shintao
(487 posts)The best evidence of this was when Obama gave trillions to the top Elite to stimulate the economy, instead of putting it into the hand of the voters/citizens who put him in office. How many times do capitalist have to see that trickle down is a myth and doesn't work. The money in the hands of 300 million people spending in their local areas on American made products is how you stimulate an economy.
The money would have come in the form of script that could only be used to buy American products, could not be spent outside of America, could not be deposited or used to invest, and would have had to be spent within 1 year of issue. The money reaching the business would have turned it over to banks who would have received a 3% handling fee to send it back to the federal reserve to be exchanged for green backs again.