50 working class people earning $20,000/year create more jobs than 1 rich guy making $1,000,000/year. Same million dollars - vastly different results. Why?Because the working class re-inject every penny back into the economy (buying gas, Starbucks, food, haircuts, etc.) while the millionaires only spend 60 cents and hoard 40 cents. Despite this fact, our nations leaders focus solely on economic policies favoring the very wealthy under the theory that the rich are the job creators. In so doing, weve created the biggest income disparity in U.S. history and the worst economy for the Middle and Working Class since the Great Depression. 33 years of Trickle Down Economics is an utter failure.
Posted on: Sun, 21 Sep 2014 17:24:44 +0000
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