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Reply to "For the economically stupid"
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[quote=Anonymous]1) I hate the rich! 2) Let's subsidize business/industry/organization so the poor can afford a product/service 3) Business/industry/organization sees the subsidy and immediately raises the prices to soak up the subsidy 4) Taxes on the middle class are raised to pay for the subsidy 5) Business/industry/organization profit numbers and balance sheet get better thanks to the subsidy 6) The hated rich get bigger dividends and share prices go up. Hurray! Wait... I hate the rich. 7) Subsidies are like a drug and wear off. The poor need more help! Time for more subsidies! Back to step one.[/quote]
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