You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #13: Middle Class Tax Breaks are GOOD, but [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-08-10 01:50 PM
Response to Original message
13. Middle Class Tax Breaks are GOOD, but
.... not the best stimulus.
Most of the people who really NEED the Money, and who will spend it immediately pay very little or no income taxes (and rightly so).
Put the money directly in THEIR hands, and you will see "stimulus."

The other problem is Structual.
Money spent at WalMart or any other Big Box does NOT circulate in the local economy providing the Stimulus Effect.
It is sent straight back to Corporate HQ (or out of the country), and into the pockets of the Ownership Class in one quick step.
FDR didn't have THAT problem to deal with.

Before this country can get back to a REAL Middle Class and Local Economies, the Big Boxes MUST be broken up.

Teddy Roosevelt, your hungry nation calls out for you!
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC