Stimulus is the Fed sending money to the states, which they then use to pay their teachers, and firefighters, and policeman, etc. Or you know, the middle class. They also use it for public works, which, again, employs the middle class.
Trickle down is the Fed cutting taxes largely for the rich, which is offshored, and hidden.
If trickle down economics worked, then why the wealth gap expanded precipitously in the last 30 years?
The government stepped in to try to prevent the situation from getting as bad as the Great Depression, which lasted for over a decade. By providing stimulus money to individuals, the government helped people to continue to live in their homes while looking for jobs. The stimulus money provided to businesses was intended to help them to invest money in capital assets such as building new homes and offices. This was expected to result in new construction, which in turn provides jobs and eventually alleviates the need for unemployment payments, government-managed health care, and other direct benefits.
To be honest I think going over the cliff would be a bad thing. I think the Republicans should take Obama's offer. But then again, they aren't that bright.
'Stimulus' is the Obamanian regime providing the kickbacks to the unionized government grub slugs for providing 'the juice' for their support for him.
Stimulus is not perfect. I never claimed that. There is waste.
However, if trickle down is the better way to go, why don't you explain that to me. I'm all ears.
I don't see how massive tax cuts, aimed largely at the rich, and the deregulation of markets, doesn't solely benefit the 1%.
The rich get richer, man, under almost any economic policy. That can't be denied.
However, again, explain to me how trickle down economics has or can benefit the middle class. I bet you can't do, because history shows that not to be the case.
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