Why would Bernie Sanders revitalize the economy? "Velocity of Money" - Gordon Gecko

[Baobab]

Kind of obvious - and true- - By giving poor people more money, thats better for the economy than giving money to rich people. Because of "the velocity of money". Poor people re-spend it faster- rich people don't.

[DianaForRussFeingold]

1. K&R Here's the video

.. I just love the look on their faces.
Asher Edelman talks about recession and Bernie Sanders saving the economy:

[lakeguy]

2. +1000 i wish more people in the media would talk about this

especially when talking about the minimum wage. demand would surge because those dollars would get immediately spent, over and over.

[swilton]

3. Notice how he talks about 'their' lives

it's a recession...

He is not speaking in the second person plural i.e., 'our' lives. The reason nobody (other than Bernie Sanders) is talking about it is that it is happening to 'Them'.

[TexasBushwhacker]

4. Yup. Trickle down doesn't work. Trickle up does! N/t