The real party of NO, the GOP, steps it up

[Riot]

Originally Posted by dellinger63

None of these 'rich' people you speak of hides their money under the matress. They invest in new business ventures, speculate and start businesses. The rest usually goes into stocks, REIT's (yea real estate) and T-bills and bonds mostly to save in tax liabilities.

Just because Pelosi speaks doesn't make it so.

I'm not listening to Pelosi in the least. I'm listening to every economist in the world. You might try not politicizing things that have nothing to do with politics, and learn something.

Guess what, Dell? Putting money into stocks, REIT's, T-bills and bonds - to save in tax liabilities - is exactly why giving money to rich people does NOT go back into the economy, and decreases government income. All those things you listed above takes money OUT of the economy. You just proved my point. Thanks

Consider this: Bush initiated massive tax benefits to the wealthy in 2001 and 2003. Since that time we've lost 800,000 jobs. Gee - doesn't seem to work the way the GOP says it does, does it?