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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Little Joe who wrote (377433)	8/10/2010 4:23:12 AM
From: Elroy	Read Replies (1) \| Respond to of 793958

If we get the money from taxpayers we take money that taxpayers would have spent or invested in the economy. Yeah sure, the point is that the welfare recipient is almost definitely going to spend the marginal extra money, whereas the well off person is likely to just put his marginal extra money in the bank (or in a stock). Intuitively, money spent on food/clothing/shelter is actively helping as it circulates through the economy, whereas money sitting in a bank account seems less helpful. Not sure if it's correct, but it makes some sense.