Re:Fed Ends Zero-Rate Era
by chc on Wednesday December 16, 2015 @05:56PM
(#10748023)
I don't think GP is saying that the demand you add to the economy increases linearly with income. I think the point is that it's essential to have lots of people with a healthy amount of discretionary income, because non-discretionary income can't really be reallocated no matter how compelling your wares are.
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Re:Fed Ends Zero-Rate Era
by SapphireSun on Wednesday December 16, 2015 @06:24PM
(#10748187)
Yea, it's more important because there are more (or should be more in this era) people in that range as a percentage of population than strikingly wealthy people.