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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.23+1.8%12:59 PM EST
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To: Skeeter Bug who wrote (157239)5/13/2003 3:34:28 PM
From: Oeconomicus  Read Replies (1) of 164684
 
i said, <<my point is a marginal $ in the hands of someone who will actually buy stuff is better for the economy and job creation than a $ in the hand of some clown who will save or invest it>>

you siad, "Recent history doesn't support that."

if my statement isn't supported, in your view, then you MUST believe it is better to put the wealth in the hands of the wealthy (those that save and invest).

Actually, disputing your statement in no way implies what he "must believe."

You original statement is wrong in two ways - 1) in that it implies a short-term injection of cash into the hands of everyone does more to stimulate the economy than any other alternative, and 2) in that it claims the only alternative is to put the money "in the hand of some clown who will save or invest it." #1 is not supported by historical evidence from broad tax rebates as were tried two years ago and in the 1970s. #2 is simply the creation of a false dilemma.

Bob
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