numbers

Jul 07, 2010 09:16

The 2000 census established the average household at 3.14 (mmm pie) since it accounts for households without children. However, there has been a solid growth trend in that number in the last decade, and the 2010 census numbers are anticipated to show a higher number than 3.14. Let's split the difference and call it 3.77/average household ( Read more... )

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4bit4 July 8 2010, 00:12:28 UTC
That right there is the basis for trickle up vs. trickle down economics. I agree with you that by putting the money at the bottom, we would stimulate the economy. The argument is that if we give money to the businesses that they will hire more people and the money will trickle down to the populous. Since I haven't heard about a whole lot of hiring sprees that North American companies have gone on, I think that system has failed.

What I've seen companies do is out source to other countries to get a better bang for their buck and be able to compete, layoff a bunch of local people and give huge bonuses to the people who already have an ass load of cash.

You give people money, people will spend the money. the money goes into businesses, businesses make money and the cycle continues.

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