Meme on the Poor as the Drivers of the Economy

Beastrabban\'s Weblog

This is another meme I found over on the over 18 site, 1000 Natural Shocks. It succinctly makes the economic point Mike over at Vox Political, the Angry Yorkshireman and many other bloggers have been making for a very long time: that it’s the poor that drive the economy by spending their money through sheer necessity. All the money the rich save in tax cuts is effectively thrown away, because they don’t spend it. The trickle down economics beloved of Thatcher and Reagan is a lie.

Meme Poor Economy

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