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Politics : Formerly About Advanced Micro Devices

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Augustus Gloop

dj55

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To: dj55 who wrote (1469325)	7/15/2024 9:17:57 AM
From: Fiscally Conservative	3 Recommendations Read Replies (4) of 1572910

The Velocity of Money; a measurement of exchange of money within the economy, Middle and lower classes spend almost 100% of their incomes with little to no savings. It is the spending of money that grows economies. The Wealthy spend very little proportional to their incomes and therefore do not aid in economic expansion nearly as much as the classes do. Not taxing the wealthy enough is a huge problem. This idea of Trickle Down Economics is a joke. It has been trickle up for the past 40 years and we are at a precipice with our underfunded liabilities

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