The Post wants us to root for the rich to get richer so that they will spend money and get the economy back on a healthy growth path. Actually, the poor spend a much higher share of their income, so if we just need spending then we should hope that the rich take a beating and the poor get more money.
--Dean Baker
The American Prospect is nonprofit, reader-funded journalism—and we need your help.
Our reporters dig deep, hold power to account, and explain how policy shapes people’s lives. If you value independent journalism that goes beyond the headlines, now’s the time to support it.
Here’s how you can help:
• Donate to power fearless reporting
• Subscribe to get our print magazine 6x/year.
Every dollar funds our in-depth reporting.
Donate Now. Subscribe here.
