Is trillion-dollar public spending a good idea? That’s arguable. If we’re going ahead with it, should that money go to those who need it most and will spend it immediately, thus stimulating the economy? That’s irrefutable. See graphic below.
Is trillion-dollar public spending a good idea? That’s arguable. If we’re going ahead with it, should that money go to those who need it most and will spend it immediately, thus stimulating the economy? That’s irrefutable. See graphic below.
The idea behind “trickle-down economics,” aka “Reaganomics,” as lampooned in the meme here, has been roundly discredited by the people who study this subject.