Poverty cannot be legislated away. Poverty can only be produced away. Did anybody here ask themselves a simple question, why is the government raising minimum wage to 15USD/hour BY 2020 AND NOT TOMORROW?
Because they KNOW it will hurt the economy, but it is a populous move (designed specifically for the economically illiterates, just like you), to make it look like the government does something, while the horrible economic effects of the actual increase will be disguised by being stretched in time over the next 5 years.
"Trickle down" economics means economics of savings and investment and "job creator theory" means that investments and businesses create jobs. That is how money is made, by creating it by production and production is business. Consumption is a trivial consequence of production, nothing else and without something being produced first it can never be consumed at all.
...and without consumption; nothing will be produced.
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Poverty cannot be legislated away. Poverty can only be produced away. Did anybody here ask themselves a simple question, why is the government raising minimum wage to 15USD/hour BY 2020 AND NOT TOMORROW?
Because they KNOW it will hurt the economy, but it is a populous move (designed specifically for the economically illiterates, just like you), to make it look like the government does something, while the horrible economic effects of the actual increase will be disguised by being stretched in time over the next 5 years.
"Trickle down" economics means economics of savings and investment and "job creator theory" means that investments and businesses create jobs. That is how money is made, by creating it by production and production is business. Consumption is a trivial consequence of production, nothing else and without something being produced first it can never be consumed at all.
...and without consumption; nothing will be produced.