Originally Posted by chiefzilla1501
You are relying on the naive notion that all middle class income goes into spending. Much of it goes into saving, and often time that saving occurs under the mattress. Or to pay down debt, which is not consumption. You also leave out that the problem isn't about stimulating the middle class. It's about assuming they'll use handouts to better themselves. But that money often gets wasted on bureaucrats. It gets abused dramatically by he middle class taking more than their fair share.
I'm all for distributing wealth. But liberals make a false sh assumption that this money actually ends up in the right hands. Incidentally, conservatives make the false assumption that a rich guy will invest back into the economy. And it engages me that no candidate is willing to meet n the your and realize that both ideoli
And you're relying on the notion that a business owner reinvests his tax breaks into the company rather than his own damn pocket as well. I'll take an easy guess that the middle class use a higher percentage of their disposable income on consumer goods than the wealthly do. It's not really making an assumption and relying on the middle class to use their tax breaks on consumer spending rather than having the ability to put it in any savings. It is a reality that the majority of middle class live paycheck to paycheck and don't always have the ability to put money into savings. You want tax dollars to be reinvested back into the economy at the fastest rate possible. Give it to the people that either can't hold onto the money, or have to simply use it to live. That is just basic common sense on human behavior.
But by all means, give it to the guy who has no reason or intention to move that money but straight back into his personal piggy bank. And then wonder about stagnation, while blaming it on those lazy middle classers who want nothing but another handout.