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  #1 (permalink)  
Old 10-14-2008, 04:07 PM
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Trickle Down

Never worked, never will. Started with Reagan and continued under Bush.

Bubble up from 70% of the population will work. Get the middle class healthy and able to purchase again and it will do more than any small percent of rich trickle downing.

I'm tired of getting pissed on from above and the GOP tells me it's raining.
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Old 10-14-2008, 04:15 PM
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Quote:
Originally Posted by rayboyusmc View Post
Never worked, never will. Started with Reagan and continued under Bush.

Bubble up from 70% of the population will work. Get the middle class healthy and able to purchase again and it will do more than any small percent of rich trickle downing.

I'm tired of getting pissed on from above and the GOP tells me it's raining.
Well that's what the GOP really means by "Trickle down Economics"

Both this and Communism might seem nice on paper, but realistically; neither work.
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Old 10-14-2008, 04:36 PM
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Quote:
Originally Posted by Robert_Santurri View Post
Well that's what the GOP really means by "Trickle down Economics"

Both this and Communism might seem nice on paper, but realistically; neither work.
Well we know one doesn't work, the other hasn't been achieved yet.
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Old 10-14-2008, 04:41 PM
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Reagan's own budget director said the Reagan tax cuts were really just a "trojan horse" to lower taxes for the rich. Reagan and Bush lowered taxes for the rich and increased the National Debt by 90%.

If that isn't evil, I don't know what is.
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Old 10-14-2008, 04:43 PM
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Tell that to the professors at Harvard:

"Fiscal Policy, Profits and Investment"

In God we trust. All others bring data.
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Old 10-14-2008, 04:45 PM
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Quote:
Tell that to the professors at Harvard
Tell that to the current economy.
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Old 10-14-2008, 04:46 PM
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Originally Posted by rayboyusmc View Post
Tell that to the current economy.
Bush is running the show. He's doesn't believe in supply-side economics.
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Old 10-14-2008, 04:49 PM
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Originally Posted by xsited1 View Post
Bush is running the show. He's doesn't believe in supply-side economics.
Bush did exactly what Reagan did, he increased military spending while reducing taxes for the rich. The result was a huge increase in the National Debt.

ReaganBushDebt.org
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Old 10-14-2008, 04:51 PM
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Originally Posted by Diuretic View Post
Well we know one doesn't work, the other hasn't been achieved yet.
Touche, but I meant in general. In this country, that would be tough to work with America worshipping it's #1 God, the Almighty Dollar.

Would probably end up somewhat like what China is currently trying to do. Capitalism Economy yet Communist Government.
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Old 10-14-2008, 04:54 PM
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Quote:
Originally Posted by Chris View Post
Bush did exactly what Reagan did, he increased military spending while reducing taxes for the rich. The result was a huge increase in the National Debt.

ReaganBushDebt.org
Which is not supply-side economics. You need to educate yourself on what it is. While you're at it, read the paper I posted which looks at 18 large economies over several decades. Let me know when you understand it and then we can discuss.
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Old 10-14-2008, 04:57 PM
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Originally Posted by xsited1 View Post
Which is not supply-side economics. You need to educate yourself on what it is. While you're at it, read the paper I posted which looks at 18 large economies over several decades. Let me know when you understand it and then we can discuss.
Let me know when you figure out who created 90% of the National Debt.

Supply-side economics - Wikipedia, the free encyclopedia
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Old 10-14-2008, 05:09 PM
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Quote:
Originally Posted by Chris View Post
Let me know when you figure out who created 90% of the National Debt.

Supply-side economics - Wikipedia, the free encyclopedia
Supply-side economics does not cause debt, it reduces it. You're thinking of increased government spending with no regard of paying for it. Again, you don't have a grasp of the concepts. Let me know when you do.
  #13 (permalink)  
Old 10-14-2008, 06:38 PM
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Originally Posted by xsited1 View Post
Supply-side economics does not cause debt, it reduces it. You're thinking of increased government spending with no regard of paying for it. Again, you don't have a grasp of the concepts. Let me know when you do.
I have a grasp of the concept.

It was used as excuse to put us in debt.

Let me know when you have figured that out.
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Old 10-14-2008, 06:45 PM
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rayboyusmc posts:

Quote:
Never worked, never will.
Ok, I believe you, what else is new?
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Old 10-14-2008, 07:12 PM
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Quote:
Originally Posted by Robert_Santurri View Post
Well that's what the GOP really means by "Trickle down Economics"

Both this and Communism might seem nice on paper, but realistically; neither work.
That is because both require the class that controls the wealth to do something other than what is in their own best interest.

Under communism wealth is controlled by the state, and the people in the bureaucracy are supposed assign jobs and dole out rewards not on the favor that role carries with it, but on 'what is best for the community'.

In trickle down capitalism the wealthy are supposed to build local factories and do research, handing out jobs and rewards in the process.

Who knew that people in either role wouldn't just do what was in their best interest, like moving the factories to where labor is cheap and eliminating the need for research by killing off competition under capitalism or run a corrupt bureaucracy giving the best jobs to ones friends under communism.

Somewhere out there is a blend of socialist capitalism that keeps things fair and gives maximum opportunities for relevant education as an entitlement to its citizens, who understand that entitlements are gifts and are grateful.

-Joe
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