Discover and read the best of Twitter Threads about #endgildedagetaxpolicy
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@dmesg @Mikethejohnson @jejones3141 @antoniogm Link and a thread... the link: fb.watch/82_0bdJxTZ/
The thread:
This is a significant illustration of how money REALLY works. In the video it says that the Pullman Porters lifted their own standard of living and that of their community. But how? 1/
The thread:
This is a significant illustration of how money REALLY works. In the video it says that the Pullman Porters lifted their own standard of living and that of their community. But how? 1/
@dmesg @Mikethejohnson @jejones3141 @antoniogm They spent money in their community, buying goods and contracting services. In order to meet their needs, more people had to hired, and more inventory had to be created. Those new hires bought goods and contracted for services, creating MORE jobs and MORE inventory, 2/
@dmesg @Mikethejohnson @jejones3141 @antoniogm and MORE WEALTH IN THE COMMUNITY. This money was passed through many sets of hands on its inevitable way to the pockets of the wealthy and the businesses they owned.
That's what happens when a society decides deliberately to put money in the hands of folks 3/
That's what happens when a society decides deliberately to put money in the hands of folks 3/
