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In reply to the discussion: Guess What Happened When Liberia Tested a Pilot Program of Cash Transfers to the Extreme Poor [View all]mountain grammy
(28,543 posts)just to survive. If you don't quite make it, you sell something or worse, get a payday loan. The car breaks, the kids are sick, it takes nothing to upset the financial balance. Give poor people money, they will spend it because they are always behind. Local businesses get more business, hire more people, maybe even the poor people could make a little extra and get ahead.
Even that right wing shit for brains Nixon realized this with the earned income credit. An absolute windfall in the dead of winter. Give the poor a big tax credit and they go shopping! New tires for the car, fix the car, coats for the kids, dentist appointments, catch up on all the bills, etc, etc. No vacations, no home remodels, just basic, mundane needs that a windfall pays for.
The working poor contribute more to the economy than any fat cat Rmoney or any of the little Rmoneys, or any of the rest of the 1% running around the world spouting their free market and trickle down lies.