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Politics : Formerly About Advanced Micro Devices

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To: SilentZ who wrote (359162)11/17/2007 8:25:43 PM
From: TopCat  Read Replies (2) of 1576848
 
"I'm right... you give a rich dude a dollar, he'll put away fifty cents of it. You give someone who lives paycheck to paycheck a dollar, and he'll spend the whole thing. Spending is good for an economy."

Please quit being so stupid....spending is not the only source of economic activity. Unless that "rich dude" stuffs that fifty cents into a mattress, he will invest it and that will create more economic activity than the other fifty cents he spent. Yes, spending is good for the economy but investing is better.
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