Quote:
Originally Posted by Greedy,Greedy,Greedy
Part of why the tax cuts have such a modest economic impact is that they went to the affluent, who spend them in ways with minimal multipliers.
If the money goes to the minimum wage worker, they buy food and rent housing with it. If it goes to union labor, they buy houses, cars, and education. If it goes to the wealthy, it's pretty much going to some variation on hookers and blow.
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2. This right here is the elegant little explanation of why inequality is a problem.
I still don't know why even left-leaning media outlets ask the stupid question, "Is inequality
really a problem?" Uh, yes. How can it not be one?
