Re:Rank-reversal aversion may be causing more social problem...
by BoiledCabbage on Friday July 14, 2017 @11:31PM
(#14774910)
Because study after study has shown the money does trickle up. And putting more money in the hands of the poorest actually is one of the most effective ways of getting it into the economy.
I believe every additional $1 of income for the lowest income leveled created economic growth of $1.40 or something and as you got to higher income brackets it hit parity with $1, then finally was significantly less than a dollar.
I believe every additional $1 of income for the lowest income leveled created economic growth of $1.40 or something and as you got to higher income brackets it hit parity with $1, then finally was significantly less than a dollar.