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Senior Member
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Join Date: Oct 2004
Location: Texas (unfortunately)
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Nov 4th, 2004, 10:52 PM
You can't rely on a select few (the rich) to rejuvenate the economy. If the middle and lower class don't have money to spend, the rich don't have profitable business. If the majority of the people have money to spend, a demand for items will go up. If the demand goes up, companys must raise output to a certain degree. In order to accomplish this, they just hire many unskileld workers and pay them. It's much more sound than paying off the rich who buy very little.
The rich do buy more expensive items, but I'd rather sell many, easy marketable, affordable items, each of which producing some profit, than selling few, high priced, difficult to sell items. that the return on is good but not that great In order to do this (stimulate business growth and sells) it's simplest to return the money to that majority of the people.
That's just my opinion though.
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I haven't lost my faith in America, just the American people.
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