Wednesday, December 27, 2017

Helping Us All by helping The Poor

THE BEST WAY TO HELP THE ECONOMY is to help the poor, because most people are poor, and the wealthy need no further help. that should be obvious. Help the poorest among us, and the entire economy is helped, by creating millions more consumers. Tax cuts for corporations, and tax cuts for most businesses are in fact tax cuts for the wealthy. The corporate billionaires argue that by cutting taxes for businesses, they can raise waged and hire more people, and produce more. But how exactly does that work? What is it, that causes businesses to produce more goods and services, whatever they produce,, hire more workers, and raise wages? the same thing every time; an increase in demand. When you have a chance to do more business, you do it, you do what it takes, no matter how much money you have or don't have, no matter how much you pay in taxes; when you have a chance to increase business, you of it, ands when you don't you don't. that simple. Its all about demand, as every business person knows, not about what you happen to have day to day, Corporate tax cuts do not increase business; increased demand does. Demand depends on how large the market is.. Expand the market and you increase demand. Expanding the market means creating new customers, which means people with enough money to spend on what they want to buy. It means turning poor working people into fairly well paid working people, who can support families and become middle class consumers and spenders. The way to do that is to increase greatly, probably double the minimum wage. its that simple. In America, the politics and economics is skewed because a very large part of the devout Christian community has decided to cast its lot with the ultra conservative republicans, a tragic mistake from which we hope they recover. Unfettered, unregulated capitalism leaves people homeless and impoverished, and Jesus would never approve of homelessness and impoverishment in a country as wealthy as the United States. he would doubtless consider it evil, our extreme economic inequality and poverty. The basic Christian message as spoken by Jesus is to render unto Caesar and to give unto the poor. Don't loan unto the poor at high interest, give unto the poor. The new tax law claims that it will help the middle class and poor working class through trickle down economics after the big corporate tax break. A better way would be to repeal this nonsense, and replace it with a straight, simple, doubling of the federal minimum wage. Le the poor worker's protest march against our billionaire corporate masters begin!

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