Quote:
Originally Posted by crockett
1 person making $1k a week buys 1 hamburger for lunch, drives 1 car to work, rents 1 apartment ect..ect..
2 people making $500/week eat 2 hamburgers for lunch drive to work in 2 cars rent 2 apartments.
Do you now not see the flaw in your logic? More people spending money is what creates a strong economy not less people with more money..
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The flaw in your thinking is obvious. The more people, the more relying on welfare, lower the wages, higher poverty, etc. The second video shows there are 3.5 billion people living on less than $2 a day. According to your logic with so many people they should all be rich.
1 person living on $1,000 buys abetter burger, drives a better car, rents a better apartment, pays more in tax, etc.