This is another meme I found over on the over 18 site, 1000 Natural Shocks. It succinctly makes the economic point Mike over at Vox Political, the Angry Yorkshireman and many other bloggers have been making for a very long time: that it’s the poor that drive the economy by spending their money through sheer necessity. All the money the rich save in tax cuts is effectively thrown away, because they don’t spend it. The trickle down economics beloved of Thatcher and Reagan is a lie.
Tags: 1000 Natural Shocks, Another Angry Voice, Maggie Thatcher, meme, Ronald Reagan, the Poor, the Rich, Trickle Down Economics, Vox Political
Beastrabban\'s Weblog 
January 9, 2016 at 10:33 pm |
[…] Source: Meme on the Poor as the Drivers of the Economy | Beastrabban’s Weblog […]
January 9, 2016 at 10:46 pm |
Reblogged this on norwichpete.
January 10, 2016 at 12:53 am |
Reblogged this on sdbast.
January 10, 2016 at 9:16 am |
Of course one needs a definition of what constitutes “poor” and what constitutes “rich” for this to have any relevance.
January 10, 2016 at 10:21 am |
Reblogged this on aspiblog and commented:
An excellent infographic/ meme.