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To: Skeeter Bug who wrote (157020)5/7/2003 7:58:17 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
<<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>>

Recent history doesn't support that. Consumer spending has been perhaps the most recent bubble to burst, funded by spending underwritten by home equity borrowing. Consumer spending has been way over the top, yet the economy is still stagnant.

need a part-time job at walmart?

Saving and investing is almost neglible in our society. We need more saving and investing. Spending rules. Giving a low income family $300 in a year is meaningless to our economy. It will not create any jobs or boost gdp.