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submitted 1 year ago by NightOwl@lemm.ee to c/worldnews@lemmy.ml
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[-] PersnickityPenguin@lemm.ee 1 points 1 year ago* (last edited 1 year ago)

A lot of those trillions are funding business expansion, which will fund high paying jobs so more of economic stimulus, a bit like the progress administration from the 1930s. But in this case, we are building domestic manufacturing capabilities which will employ people as well as help with decarbonization.

Business is generally won't get the money unless they spend it, so it is much better than trickle down.

this post was submitted on 11 Aug 2023
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