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Reply #9: Think of it as "trickle up". Trickle down has finally been killed [View All]

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Thickasabrick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-05-09 08:09 PM
Response to Reply #7
9. Think of it as "trickle up". Trickle down has finally been killed
and buried. Consumers are afraid to buy, which halts demand, which halts orders for anything new, which halts hiring.

The federal government can not keep 25% of the of the working population on it's payrolls for very long and it would take years to get those projects up and running.

A large stimulus would help consumers which would drive demand again for normal everyday purchases, which would increase demand, which would increase orders, which world increase hiring.and decrease some of the massive consumer debt that is such an issue as some of those households would use it to decrease debt.

The Bush tax cuts should expire next year, we could use that.

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