Conservatives say if you don't give the rich more money, they will lose their incentive to invest. As for the poor, they tell us they've lost all incentive because we've given them too much money.
About this quote
- What does it mean?
- A critique of economic arguments used by conservatives regarding incentives for the rich versus the poor.
- In plain terms
- The rich need money to invest, but the poor lose motivation if given too much.
- What can you take from it?
- Question the logic behind economic policies that favor wealth accumulation.
Where it applies
Putting it to work
Questions to consider
- Do incentives work the same for all income levels?
- Is wealth accumulation necessary for economic growth?
Another view
It oversimplifies complex economic theories about motivation and investment.
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