@TheFruittttttt_ It’s significant in the fact that you’re giving tax cuts to the poor people compared to rich people. Do you think people with disposable income will spend all of it? No. Giving that tax cut to someone who needs it more will circulate it more.
@TheFruittttttt_ im just stating facts. People with more money tend to save more money for each dollar that they are provided and poorer people spend a greater percentage of that, thus increasing circulation of the economy if that dollar went to that poorer person
@TheFruittttttt_ And? Republicans like to say that bidens economy is horrible. He did a great job handling it. The manner in which we recovered from the pandemic outspend any other developed nation.
@TheFruittttttt_ no i’m not, I’m saying that poorer people have a higher marginal propensity to consume, if you even know what that means, which is a fact. And rich people have a way higher marginal propensity to save
@rafos_ if you are still in touch with @seanw_ttv could you tell him I am sorry that I told him to kill himself. I shouldn't have. I should have encouraged him to live because death is the easy way out. Living as himself is a fate worse than death.
@TheFruittttttt_ well, you should’ve learned this concept in any entry level economics class. If you think that prices increasing is better for the american public, im done talking
@TheFruittttttt_ irrelevant, i’m saying the more money they have the more less inclined they are to spend it,as not as much of it is used for necessities.Imagine giving someone who’s poor 5 dollars, would they save it? no… they would spend it on necessities which would be better for the economy
@TheFruittttttt_ Honestly though, there is no chance you believe trump’s plan of a shit ton of tariffs is good for the economy. Do you not see that it’ll just increase prices for americans a fuck ton?