Avoiding the simplistic, re: tax cuts and spending

[SoutherDem]

7. I agree

Follow up question.

As to the Bush tax cuts, wouldn't allowing those on the rich to expire have less negative effect on the economy than that on the poor no matter which would produce more revenue to the government no matter what the government does with the money? The poor would then have less money to spend, thus the economy contracts. The rich have money in reserve and can still purchase.
If I recall, but I may be wrong, the idea behind "Trickle Down Economics" were that cutting taxes on the rich would stimulate the economy because they would "invest" the money back into the economy and as the economy grew it would help the poor also, "trickle down". However, the money never trickled down, the increased income was banked or went to executive salaries, making the rich richer and the poor just as poor?

Also, humans seldom allows fact to get in the way and we often like to take the parts of something we like while discarding the parts we don't. And, human don't alway do what is best for the collective but what is best for self.