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Old 12-08-2010, 01:31 PM
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Riot Riot is offline
Keeneland
 
Join Date: Mar 2007
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Quote:
Riot acts like "every economist" agrees with her version of the world, remember this article
You have it backwards. It's because virtually every economist tells us that giving tax cuts to the wealthy doesn't create jobs, that I support that economic policy. It's not my version of the world, it's theirs.

Actually what the economists say is that giving tax cuts to the very wealthy creates on average about 0.30 of economic stimulus per dollar invested. Giving unemployment benefits produces about 1.61 (average) of economic stimulus. I know where I prefer our government to spend the money.


http://online.wsj.com/article/SB1000...MoreIn_Opinion[/quote]

Good for you! This whole thread I've been asking you to find one economist that says trickle-down, as disastrous as it was during Reagan and since, is still some kind of a valid economic model, and you finally come up with two. Dated today. But at least there is one counter-view to the majority.
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