Transfers, Not Tricke-Down, Have Improved Poor's Incomes the Most

Discussion in 'Economy' started by Toro, Nov 25, 2010.

  1. Toro
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    Toro Diamond Member

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    When is economic growth good for the poor? Consider the Evidence
     
  2. editec
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    editec Mr. Forgot-it-All

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    Recently (meaning in our lifetimes) that certainly is true.

    The only trickling down that's been happening is the trickling down of US wealth to foreign (read third world) workers.

    They (meaning for example Chinese workers) actually have enjoyed stupendous improvements in the quality of living.

    USA workers, OTOH, have experienced a decline in the quality of life thanks to REAL declines in both purchasing power and in some cases actual wages paid, too.
     
  3. California Girl
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    California Girl BANNED

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    Anyone who does not find the American Way acceptable is welcome to leave.
     
  4. Toro
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    Toro Diamond Member

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    I assume the same sentiment applies to those who live in the UK and the British way of life since, according to the study, the UK relies more on transfers than trickle-down.
     
  5. California Girl
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    California Girl BANNED

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    I wasn't aware that the UK was the US. We have our way, they have theirs. They don't live under our Constitution. We don't live under theirs. See how that works?
     
  6. Toro
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    Toro Diamond Member

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    That's right. So if people are unhappy with the British way of life, they too can leave.
     
  7. Greenbeard
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    Greenbeard Gold Member

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    Empirical analyses of the effectiveness of different policies are elitist.
     
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  8. Toro
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    Toro Diamond Member

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    Why do you hate America so much?
     
  9. CMike
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    CMike Zionist, proud to be

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    You mean looting?
     

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