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Old 12-03-2010, 07:49 PM
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SOREHOOF SOREHOOF is offline
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Join Date: Mar 2007
Location: Peoples Republic of the United Socialist States of Chinese America
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Quote:
Originally Posted by Riot View Post
No, not at all what I am saying. That's just some weird thing you made up.

People who get unemployment spend the money immediately, infusing it all right back into the economy. These are people that have no discretionary spending options. Do you realize that "the government" doesn't pay the overwhelming majority of unemployment funds, right?



No. That is what actually happened under George Bush II. Today an increasingly tiny portion of the American population now owns the vast majority of the money in the United States. That (concentration of wealth into fewer and fewer hands) worsened, accelerated markedly under Bush II. It has not under the current administration.
I was going to spend it immediately too, Riot. Why the class warfare?
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