[Chico23231]

Originally Posted by Daseal

Companies and the wealthy are the ones hiring people. They are not the people pumping money into our economy. The middle class and the poor are the folks who pump money into our economy. When they get a pay check they use it to purchase goods and services, they do not have the luxury to tuck away that money. Companies on the other hand are attempting to be as cost efficient as possible, they don't actively look to spend surplus money.

I'm a firm believer that more money being spent by individuals will drive demand for products, thus creating jobs. I don't believe giving a business more money to spend will motivate them to create jobs. If companies are forced to keep up with demand and their services are slipping as a result, they will hire people to handle the demand. Empower the consumers and your economy will be active. Empower businesses and they will look to use the money as efficiently as possible. Efficient use of funds does not equate to a strong economy.

good post. Your top section was my arguement to my dad a couple weeks ago when explaining the affect of raising the minimum wage. Folks who make a low wage will essentially have more purchasing power and they spend. AND where do they spend it? The top retailers in the country and usually close within their community.