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<blockquote data-quote="bacha29" data-source="post: 2497758" data-attributes="member: 58386"><p>What VT doesn't seem to understand is that ours is a consumption based economy. X serves that economy. VT believes that all you have to do is to cut taxes to the wealthy elite to zero or less and they will reinvest it in the economy . What he doesn't seem to understand is that there first has to be a demand for products and services and available at affordable prices. All I needed to learn about the economy came years ago from a man with a fifth grade education when he said " The economy is driven by one thing and one thing only.The ability of poor people to get credit". Cutting taxes to the wealthy elite guarantees only one thing. A Treasury short on money. And therefore how will Trump's multi billion dollar infrastructure plan be funded? Borrowed money.</p></blockquote><p></p>
[QUOTE="bacha29, post: 2497758, member: 58386"] What VT doesn't seem to understand is that ours is a consumption based economy. X serves that economy. VT believes that all you have to do is to cut taxes to the wealthy elite to zero or less and they will reinvest it in the economy . What he doesn't seem to understand is that there first has to be a demand for products and services and available at affordable prices. All I needed to learn about the economy came years ago from a man with a fifth grade education when he said " The economy is driven by one thing and one thing only.The ability of poor people to get credit". Cutting taxes to the wealthy elite guarantees only one thing. A Treasury short on money. And therefore how will Trump's multi billion dollar infrastructure plan be funded? Borrowed money. [/QUOTE]
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