Rshermr
VIP Member
Jesus, Oldstyle. Here you are again quoting some drivel from the libertarian economist you idolize. Again trying to redefine trickle down. Give it up. Every economist and every economics student who ever looked at the concept knows what trickle down is, and knows what you are saying is stupid. Untrue. BS. And you say it for only one reason, because you have tried to say that trickle down was made up by those who were against reagonomics. Just another piece of dogma posted by a complete con tool.Once again, Free...you fundamentally misunderstand how the process works. Profits do not start in the pockets of "shareholders" and trickle down to workers...profits are what may or may not be left over after a product or service is provided. Profits trickle upwards, not the other way around.
Dammit, dammit, dammit . . . all I am saying is that labor is the origin of all wealth. I don't see why that is such a hard concept to understand. Profits should not have to "trickle down" to workers if they could retain the fruits of their labor to begin with.
Trickle down is a hard concept to understand, Free because it only exists in the minds of people who don't understand economics. Workers DO retain the fruits of their labor to begin with. They are paid a wage which IS the fruit of that labor. Profits on the other hand may or may not EVER come to pass. Think about it and you'll see that I'm right. Many businesses never make a profit or only make one after many years of incurring losses. The workers at those businesses will realize the "fruits of their labor" every time that they get paid. That pay doesn't "trickle down" from profits...that pay exists whether or not a profit is ever made.
And, by the way, trickle down, as it actually was devised by REPUBS in the Reagan admin, trying to make supply side economics more palatable to the non rich, was very, very easy to understand. Your twisted effort at redefining it is what makes it difficult to understand. Because few can follow the twisted logic of your beloved economist.
Really hard to have a conversation with dipshits like you.
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