Quote:
Originally Posted by realcoray
If you give me a tax cut, there certainly is a chance that I'd spend it, but there's a near equal chance that I'll do something that has 0 economic affect like putting it into my savings account.
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That comment right there shows your lack of understanding of how the economy in this country works. Putting money into a savings account is not letting it sit idle. It has a huge affect on the economy. There is not a vault in a bank with your cash in it just waiting for you to come take it out. It's being used for investments and loans. It is generating wealth for people.
You should read more on Austrian Economic principles, mises.org is a good start, and read more on Hayeck. It will better explain how and why capitalism works with history and facts unlike those extremely intelligent and perfect academic theories that just never seem to work for some reason proposed by Keynsians. That last part is me being sarcastic again. Sorry, but I am not going to listen or follow anyone's theories when one of them is that it would help the economy if the government buried money and then paid someone to dig it up. That's stupid. That's Keynes for you.
We need Andrew in this thread.