I'm only comparing it with other stimulus measures. Lower wage workers have a high marginal tax rate due to payroll taxes, & this increases rewards for their labors.
I don't want to add debt either, but I don't think Washington would like my ideas about cutting expenses.
Lower wage workers are too busy swimming in debt to stimulate anything.
Lower wage workers were the ones who would have kept the tax cuts if the Dems actually had an ounce of courage to fight for what they wanted.
Disbanding the tax cuts for the rich and leaving them for the rest of us.
While they may very well have lost that fight they would have still been able to allow the whole thing to expire doing so and we would still be in a better position fiscally than we are now.
Only the Democratic party can find a way to lose in a win/win situation.
They`re pathetic.
Don't get angry. (Why does talk of economics do this to posters?)
I`m not angry at you Revolting but I`d love to see some righteous anger coming from my countrymen about how they`re screwed on an almost daily basis by our self centered short sighted "leadership".
I believe it`s more than warranted.
My check book would disagree with you. I will grant you that people at the bottom might not see a trickle, but the rest of us do.
That`s a joke Rick.
You`re checkbook?
What about Bank of Americas check book?
How about GM`s checkbook?
How about the checkbooks of any corporation or person that could actually make some cumulative difference?
The rich are most definitely not spending their cash.
Trickle down is an illusion.
It only makes sense that the more money the rich have the more they can spend on goods and services.
Then why aren`t they?
The rich have had more money than they`ve ever had the past ten years.
This country has more rich people in the past ten years per capita than it has ever had.
The past ten years have been the worst for our economy in my lifetime.
Where are the numbers that support your assertion?
If you don't see a trickle, perhaps you are not in the service industry.
I`ve been in the service industry for the past 30 years.
The past ten have been the worst economically I`ve ever seen.
The past two make me wonder how we (as an industry) can keep putting food on the table.
Small business in the service industry depends on this trickle to employ more folks.
If Trickle Down works why do we have a 9-10% unemployment rate?
Delusion.