Are you saying people should spend all of their money to fluff the economy? While I agree that spending money does help the economy, it doesn't help a person's financial security if they spend all they've got. It only makes sense to have a reserve in case the bottom falls out.
If I had 8.2million, I could easily spend it. It wouldn't make a bit of sense to do so, but I could if I had to.
I know someone's already asked you this, but, how does one determine how much they 'could spend'?
I don't see any practical way of implementing this short of socialism. Should we divy up all of the U.S's money, distribute it evenly amongst the people, so that everyone has to spend as much as the next guy to survive, thus feeding the economy? Cause they sure sounds like what you're saying. That doesn't work.
I think it's been said (maybe on this board) that if you did infact redistribute all of the money evenly, it would eventually fall right back into the same hands it was in before. Why? Because the financially smart, driven folks will make the money, and the folks with poor managament and drive will lose it. I see no good way to do implement what you're inferring.