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2024-08-27 23:35:36 UTC
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Urban Hermit on Nostr: true. But when the government helps poor people be more productive the money ...

true. But when the government helps poor people be more productive the money circulates before it get parked by the rich in offshore savings or processions (like 3rd homes or yachts).

A huge tax cut for the wealthy - that money didn't go anywhere new. It didn't make anyone healthier or increase productivity. A year from now they may opt for the gold plated version. The money will circulate, but slower.

The wealthy get it eventually, but who does it help along the way?