To Fix The Economy, Let's Print Money & Mail It To Everyone

[upaloopa]

8. It's got nothing to do with politics.

Last edited Tue Sep 9, 2014, 05:24 PM - Edit history (1)

And some say we are better educated on this board!
Not that it matters to you but in economics 101 they teach that a good economy is one with low inflation and close to full employment.
Employment creates demand by workers making a paycheck and supplies that demand with goods made by the workers.
Giving money does nothing to create the supply demanded thus prices go up because those with the goods can get more for them as the price is bid up.
The answer to a poor economy is jobs not give always!
Also giving money has a short term effect. Once the money is gone you are right back where you started. A person with a job keeps on spending as long as there is a job.
Or take that money and hire people to fix bridges and roads. There is enough work there to fix the economy. The workers will spend their pay checks.