Class Warfare and the Auto Industry, Take 2

By Miryam Ehrlich Williamson

Nobody I know of has pointed this out, and somebody needs to, so I will.

Tax cuts for the rich help the economy because the rich  get more money to spend, putting more in circulation. That makes more jobs for working class people, putting money in their pockets.

Taking money out of the pockets of working class people by cutting their pay or forcing them to go on unpaid leave gives them less money to spend, taking money out of circulation.

And this helps the economy how? Will someone please educate me?

Cartoon: David Horsey

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