Shop or We'll Drop

"Economists will tell you that private business investment causes growth because it pays for the new plant or equipment that creates jobs, improves labor productivity and increases workers’ incomes. As a result, you’ll hear politicians insisting that more incentives for private investors—lower taxes on corporate profits—will lead to faster and better-balanced growth.
"The general public seems to agree. According to a New York Times/CBS News poll in May, a majority of Americans believe that increased corporate taxes 'would discourage American companies from creating jobs.'
"But history shows that this is wrong."

James Livingston in The New York Times argues in favor of policies that promote consumer spending.