Discussion in 'Economy' started by Toro, Nov 25, 2010.
When is economic growth good for the poor? Consider the Evidence
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.
Anyone who does not find the American Way acceptable is welcome to leave.
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.
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?
That's right. So if people are unhappy with the British way of life, they too can leave.
Empirical analyses of the effectiveness of different policies are elitist.
Why do you hate America so much?
You mean looting?
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