The Mudcat Café TM
Thread #145879   Message #3393176
Posted By: Bobert
21-Aug-12 - 09:31 AM
Thread Name: BS: 58% Say The Rich Deserve Their Wealth
Subject: RE: BS: 58% Say The Rich Deserve Their Wealth
Exactly, Musket...

GNP is a measure of how many times a dollar is passed... It's called the multiplier effect... If that dollar isn't spent then it is a drain on the GNP and therefore contracts the economy (i.e. "growth")... Having $2T taken out of the US economy is taking a major toll on the US economy...

I'd say that if they won't invest it then that money should be nationalized and put into repairing the crumbling infrastructure that these people depended on to earn (poor word) that $2T...

And...

...200...

B~