regardless, every cent ends up fueling the demand side of the economy, in turn wages and profits of the businesses which provide goods and services at all levels.
regardless, every cent ends up fueling the demand side of the economy, in turn wages and profits of the businesses which provide goods and services at all levels.
This is an excellent point - in some ways the most relevant point in a discussion of the various government support programs. "Every cent" puts a floor under demand.
As all individual support systems (SS, AFDC..welfare in the form of food stamps, WIC, housing payments, Medicaid) do....they all fuel the economy, either through dollars that supplement living expenses, pay for health care that keeps rural hospitals open or work programs, or childcare programs, etc. etc. The unearned corporate welfare just enriches their bottom line allowing stock buy backs and larger CEO compensation. Nothing for the economy here. Nothing for the nation here.
in any case, SS contributions are countered with price increases, something a wage earner cannot. Their personal demand is deferred until "pension payout" time. The economy is fundamentally circular, and behaves much like a biological ecosystem.
regardless, every cent ends up fueling the demand side of the economy, in turn wages and profits of the businesses which provide goods and services at all levels.
This is an excellent point - in some ways the most relevant point in a discussion of the various government support programs. "Every cent" puts a floor under demand.
As all individual support systems (SS, AFDC..welfare in the form of food stamps, WIC, housing payments, Medicaid) do....they all fuel the economy, either through dollars that supplement living expenses, pay for health care that keeps rural hospitals open or work programs, or childcare programs, etc. etc. The unearned corporate welfare just enriches their bottom line allowing stock buy backs and larger CEO compensation. Nothing for the economy here. Nothing for the nation here.
Exactly....which I think business owners would understand but somehow don't. That their SS contribution fuels their bottom line.
in any case, SS contributions are countered with price increases, something a wage earner cannot. Their personal demand is deferred until "pension payout" time. The economy is fundamentally circular, and behaves much like a biological ecosystem.