Trickle down economy versus trickle up economy

[Onyx]

Force Congress to balance budget!!!

Why? Their lobbyists are profiting from the debt.

 

[boedicca]

a billionaer who earns another billion isn t going to buy a million smartphones he just needs 1.
a million people who earn 1000 $ more are going to buy a million smartphones
so paying a million people 1000$ more is going to be better then paying 1 bilionaer a billion more for the economy

any questions ?

and steven jobs will love it

if you pay people more it will trickle up,it never trickles down

remember henry ford., he payed enough that all his employes could buy a Ford

The biggest Trickle Down player is the Federal Government (which spends on the order of $4T per year).

If you tax people less, there is no need for the Federal Government to trickle down to anyone.

Stupid, me girl. In Ronald Reagans term, he tripled the national debt, and had a great economy. Now, in tripling the national debt, he spent more than all presidents before him. And created a good economy. But, earlier, when he cut taxes, the economy went in the toilet. Causing him to raise taxes 11 times and to start spending like a drunken sailor.
So, you must think Reagan was an idiot.
Then, obama inherited the worst economy since the great republican depression of 1929, forced a stimulus into being, and saved the economy. So, me girl, says the CBO. They mentioned that without him having done so, we would have likely had a depression.
You need to get a clue.

Stupid panty-smear, Obabble has added more to the debt than all prior Presidents combined.

No, stupid you. If you are only talking about debt, that would be what was added to the national debt by the great republican depression of 2008, dipshit. If you are considering spending, the only major spending was the stimulus to eliminate the great republican recession of 2008.

How charming. I bet you really impress all of the girls with that vulgarity.

 

[KissMy]

Obama Growing Jobs Much Faster than Working Age Population!

 

[EdwardBaiamonte]

Ah, so you hate Reagan.

conservatives love Reagan as the best president since Jefferson. He won the cold war against the libsoviets with huge military spending and a steely resolve that set billions free behind the iron curtain. The greatest for sure!!

 

[EdwardBaiamonte]

[


How charming. I bet you[Rshe] really impress all of the girls with that vulgarity.

he especially impresses his mother who must be so proud of him, and his verbal violence!!

 

[EdwardBaiamonte]

Wealth ascending upwards (capitalism) .

what?? capitalism is downward!! That's how 100 million smart phone super computers got in American hands. Do you understand???

 

[EdwardBaiamonte]

the great republican depression of 2008,

Econ 101 class one, day one: when you have 132 liberal govt programs to get people into homes the Republican free market said they could not afford you dont have capitalism. When the Fed is stimulating the economy by printing enough money to cause a huge bubble, when Fan/Fred is buying or guaranteeing 75% of the subprime and Alt A mortgages, and when the Greenspan Put promises to never let housing prices fall you don't have anything close to Republican capitalism. 1+1=2

You need to start all over. Sorry to rock your world

 

[Onyx]

That's how 100 million smart phone super computers got in American hands. Do you understand???

It is also why billions are living in extreme poverty. When the third world is thoroughly pillaged, guess who they start exploiting next?

 

[EdwardBaiamonte]

It is also why billions are living in extreme poverty. When the third world is thoroughly pillaged, guess who they start exploiting next?

dear, China just switched to capitalism and eliminated 40% of the planets poverty. If you want to eliminate the rest of the worlds poverty become a Republican capitalist. Do you understand?

 

[Onyx]

dear, China just switched to capitalism and eliminated 40% of the planets poverty.

Boy, are you clueless!

They are socialists, just like the United States. The government controls the labor and the production of capital, and therefore controls the means of production. Every corporation in China is at least partially nationalized by the Chinese Communist Party.

Their economy has "improved" by creating a bubble founded on debt and shell markets. They have also began playing the US game of neoimperialism. There are Chinese corporations engaged in near literal slave labor in both their own country and Africa.

 

[EdwardBaiamonte]

They are socialists, just like the United States. .

Lets begin your education shall we?

Here are 3 of the most respected books on the subject:


"Capitalism With Chinese Characteristics"


"How China Became Capitalist"

In his new book titled Markets over Mao: The rise of private businesses in China, Lardy argues that even though SOEs still enjoy monopoly positions in some key sectors in China, such as energy

 

[KissMy]

They are socialists, just like the United States. .

Lets begin your education shall we?

Here are 3 of the most respected books on the subject:

"Capitalism With Chinese Characteristics"

"How China Became Capitalist"

In his new book titled Markets over Mao: The rise of private businesses in China, Lardy argues that even though SOEs still enjoy monopoly positions in some key sectors in China, such as energy

China Loosing Jobs!!! The US must keep Republicans from causing Job Killing Recessions.

 

[EdwardBaiamonte]

can anybody explain what trickle up is??

 

[Onyx]

can anybody explain what trickle up is??

State capitalism

 

[EdwardBaiamonte]

can anybody explain what trickle up is??

State capitalism

where is the trickle up part???? and what does it mean anyway given that every state is different???

 

[Onyx]

where is the trickle up part???? and what does it mean anyway given that every state is different???

I am assuming it is the reverse of trickle down.

Politicians would claim that wealth would trickle down to the masses, but the reality of our world, is that the wealth of the masses trickles up to that of a powerful consolidated minority.

 

[EdwardBaiamonte]

the wealth of the masses trickles up to that of a powerful consolidated minority.

do you have an example of this???

 

[Onyx]

do you have an example of this???

Yes.

Every single economy that has ever existed.

 

[EdwardBaiamonte]

do you have an example of this???

Yes.

Every single economy that has ever existed.

well its hard to imagine North Korea and USA are example of trickle up which is opposite of trickle down. Do you understand?