NYcarbineer
Diamond Member
So you think I made up these GDP numbers?
You know the really disgusting aspect about comments like yours is you do provide ANY sources or documentation!
NO wonder people consider comments like yours as being so unworthy of attention!
I've proved to you that the PIE is not finite.
That you don't have to be an animal like you to tear and claw for your share!
Because of the rich and their taxes.. cause you obviously have never paid any..
We have the internet.. remember TAX payers NOT Govt. Research as Obama said funded the Govt. TAXES!
We have our educational system ALL paid for NOT by Govt. BY taxes! Paid By TaX payers not by you!
So when idiots like you spout the "failed" trickle down theory all I ask is then where did the $15 trillion in todays GDP go?
Now here is an even BIGGER question for you finite pie asses:
What has happened to the $298.9 Trillion since 1790?
Well for one thing the total value of Americans is
AGAIN FACTS to support MY statements.. WHERE ARE YOURS??
Q4 2011
B.100 Balance Sheet of Households and Nonprofit Organizations
Assets $73,518.3
Liabilities $13,481.0
Net worth $60,037.3
B.102 Balance Sheet of Nonfinancial Corporate Business
Assets $30,044.8
Liabilities $13,886.9
Net worth $16,157.9
B.103 Balance Sheet of Nonfinancial Noncorporate Business
Assets $12,995.1
Liabilities $5,561.5
Net worth $7,433.6
Totals Assets/Liabilities Net worth of households,corporate & noncorporate businesses
Assets $116,558.2
Liabilities $32,929.4
Net worth $83,628.8
http://www.federalreserve.gov/releases/z1/Current/z1r-5.pdf[/URL
Now for you idiots.. Assets are what is OWNED Liabilities is what is OWED
NET Worth is after subtracting what is OWED from what is OWNED..
The entire NET worth of households/businesses is $83.628 TRILLION!!!
NOW explain again why "Trickle down doesn't work?"
GDP in 2011 $15.09 trillion... Americans NET worth is $83.6 Trillion!
Tell me again WHERE trickle down doesn't work????
Nobody here knows what you're talking about. That means nobody, including you.
So let me make it simpler for idiots like YOU!
If over several years you are paid money for work (as unlikely as that might be)..
and you are just a little savvy you buy a house.
You make payments and overtime the house is paid off.
Remember OVER TIME!!!
Well since basically 1790 most people have worked.
Most people have accumulated houses, businesses, property ASSETS!!!
Most people may have had debt or .. LIABILITIES
When the federal government tracks Assets and liabilities and subtract the liabilities.
IT means there are $83 trillion left over!
Do you understand that???
HOW did these people get $83 trillion in net worth ???
DUH! I am so tired of dumb f..ks like you who can't even subtract!
So tell me again IF THERE WASN"T a growing pie and trickle down how did these people get $83 trillion in net worth??
GEEZ I can't believe how f...king dumb you are!
You don't have a point. That's the problem. GDP can be growing at 10% a year but if the top 10% are getting 90% of the growth to themselves that's not much help to those at the bottom.