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Path: utzoo!watmath!clyde!floyd!harpo!ihnp4!inuxc!iuvax!notes
From: notes@iuvax.UUCP
Newsgroups: net.politics
Subject: Re: YOU EARNED IT??? - (nf)
Message-ID: <302@iuvax.UUCP>
Date: Mon, 9-Apr-84 01:06:04 EST
Article-I.D.: iuvax.302
Posted: Mon Apr  9 01:06:04 1984
Date-Received: Wed, 11-Apr-84 06:15:19 EST
Sender: notes@iuvax.UUCP
Organization: Indiana University
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#R:mit-eddi:-152700:iuvax:2000020:000:666
iuvax!unix68    Apr  8 17:25:00 1984

[]
	Your argument that government does not stimulate the economy
by giving money to people (Financial Aid, Unemployment Insurance, etc.)
is incorrect.  By taking idle money from the wealthy (money invested in
some form of savings) which creates no aggregate demand and giving it
to people who will (because of lack of money) need to spend it on goods
and services, you will increase aggregate demand and the money will
be cycled back to the public in the form of goods payed for.  This line
of reasoning is another virtue of taxing the wealthy more heavily: to
put idle money to use.


--


					James Conley
					Indiana University at Bloomington
					...iuvax!jec