In fact it's almost exactly the opposite. Rather than the supply-side economics which trickle-down focuses on, this sounds like a clear example of demand-side economics. By improving the income of some consumers in a community, they are able to buy more goods and services that they wouldn't have otherwise, thus improving the local economy altogether.
Does it improve that economy by at least as much as the cost of the transfers? It seems like a lot of economic benefits can be created by injections of money from outside the system under study.
Mordisquitos|3 years ago
sokoloff|3 years ago
refurb|3 years ago