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Wounded Bear

(63,891 posts)

1. A healthy economy needs money at the bottom...

Reply to Joinfortmill (Original post)

Fri Jan 28, 2022, 12:07 PM

Jan 2022

"poor" folks spend their money to survive, and if they have a bit extra they buy luxuries.

When the wealthy horde all the money at the top the economy stagnates, no matter what the "growth" numbers might indicate.

The economy requires money in circulation.

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Biden's economic policy in plain English [View all] Joinfortmill Jan 2022 OP

A healthy economy needs money at the bottom... Wounded Bear Jan 2022 #1

I have a hard time believing many at lower economic status still buy the trickle down idea. captain queeg Jan 2022 #2

K&R for visibility. crickets Jan 2022 #3