So poor people don’t deserve to have money?!
THEY’LL JUST WASTE IT ON SURVIVAL!
Also, if you’ve taken more than a high school economics course taught by someone who has never stepped foot in a college economics class,
Giving $500 to poor people multiplies it REALLY FAST. That $500 immediately goes into the economy and ripples more purchases until it hits a rich pocket.
Giving $500 to a billionaire takes $500 out of the economy permenantly. You could have set it on fire and made no difference.
That is such an important part of the conversation that rich people seem to purposefully misunderstand whenever it’s brought up
Money exists to be spent, not hoarded. Yes, people should have saving, but no one should be sitting on a pile of money too big to spend in a single lifetime. “The economy” as a concept only works if people are spending money, and the people hoarding the money are so quick to blame the people who barely have any when the economy starts to fail
Having a big string of numbers in an offshore account doesnt make you an economic genius, it makes you a parasite that is ruining the economy for everyone else