If economic stimulus is given to those at the bottom of the economic totem pole, they WILL spend it, putting it into the hands of local businesses, who hire more people to cope with the extra demand, who will spend this money and the whole lot of the money trickles up.
If it is given to those higher up, it does not trickle down at all.
So if stimulus is to be made, it should be put into programs that benefit the poorest first, as they are most likely to spend.
I am not economist, but it does not mean that i do not know something about economy. As I observe the state of economy, i can understand the simple plain word which is affordability..It is a common sense that the economy of a nation is supported by domestic spending of average consumers. It is equally clear that growth of the house
market can not be sustained without synchronized growth in household incomes. When the growth in household incomes under pace that of the house market, the affordability becomes an issue. With the gap between two growth rates trending wider, affordability problem is inevitably escalated and will result in a collapse of the house market eventually. Sometimes as an economy obsevant, i would rather have look loan lenders to give my family good sustainance.
the social security gets the lowest wages than anyone else. my dad gets plain social security and only gets 1000 a month to live on he has tons of problems with bills and everything else. I have to help him out of every situation.
Good idea. If people have money they are encouraged to spend it, thus helping the economy. An increase in customers will help small businesses more than hand outs.
If economic stimulus is given to those at the bottom of the economic totem pole, they WILL spend it, putting it into the hands of local businesses, who hire more people to cope with the extra demand, who will spend this money and the whole lot of the money trickles up. If it is given to those higher up, it does not trickle down at all. So if stimulus is to be made, it should be put into programs that benefit the poorest first, as they are most likely to spend.
I am not economist, but it does not mean that i do not know something about economy. As I observe the state of economy, i can understand the simple plain word which is affordability..It is a common sense that the economy of a nation is supported by domestic spending of average consumers. It is equally clear that growth of the house market can not be sustained without synchronized growth in household incomes. When the growth in household incomes under pace that of the house market, the affordability becomes an issue. With the gap between two growth rates trending wider, affordability problem is inevitably escalated and will result in a collapse of the house market eventually. Sometimes as an economy obsevant, i would rather have look loan lenders to give my family good sustainance.
the social security gets the lowest wages than anyone else. my dad gets plain social security and only gets 1000 a month to live on he has tons of problems with bills and everything else. I have to help him out of every situation.
Only because they're no longer getting social security adjusted for inflation each year. I guess this makes it more fair.
Good idea. If people have money they are encouraged to spend it, thus helping the economy. An increase in customers will help small businesses more than hand outs.
The way the economy is that a good thing.
i don't know