• Maggoty@lemmy.world
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    9 days ago

    The biggest criticism is hilarious. They say poor people don’t use the money responsibly. It just passes right through their hands. They neglect to mention that’s because they’re buying needed goods and services and that money trickles up far more reliably than money trickles down.

    • AA5B@lemmy.world
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      9 days ago

      It just passes right through their hands

      Plus a general illiteracy for economics where that should be the goal because the economy grows with money spent, not money saved

      • Maggoty@lemmy.world
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        9 days ago

        My personal theory is they’re also trying to normalize the money not moving into the economy.