Trickle Down

[rayboyusmc]

Never worked, never will. Started with Reagan and continued under Bush.

Bubble up from 70% of the population will work. Get the middle class healthy and able to purchase again and it will do more than any small percent of rich trickle downing.

I'm tired of getting pissed on from above and the GOP tells me it's raining.

 

[Modbert]

Never worked, never will. Started with Reagan and continued under Bush.

Bubble up from 70% of the population will work. Get the middle class healthy and able to purchase again and it will do more than any small percent of rich trickle downing.

I'm tired of getting pissed on from above and the GOP tells me it's raining.

Well that's what the GOP really means by "Trickle down Economics"

Both this and Communism might seem nice on paper, but realistically; neither work.

 

[Diuretic]

Well that's what the GOP really means by "Trickle down Economics"

Both this and Communism might seem nice on paper, but realistically; neither work.

Well we know one doesn't work, the other hasn't been achieved yet.

 

[Chris]

Reagan's own budget director said the Reagan tax cuts were really just a "trojan horse" to lower taxes for the rich. Reagan and Bush lowered taxes for the rich and increased the National Debt by 90%.

If that isn't evil, I don't know what is.

 

[xsited1]

Tell that to the professors at Harvard:

"Fiscal Policy, Profits and Investment"

In God we trust. All others bring data.

 

[rayboyusmc]

Tell that to the professors at Harvard

Tell that to the current economy.

 

[xsited1]

Tell that to the current economy.

Bush is running the show. He's doesn't believe in supply-side economics.

 

[Chris]

Bush is running the show. He's doesn't believe in supply-side economics.

Bush did exactly what Reagan did, he increased military spending while reducing taxes for the rich. The result was a huge increase in the National Debt.

ReaganBushDebt.org

 

[Modbert]

Well we know one doesn't work, the other hasn't been achieved yet.

Touche, but I meant in general. In this country, that would be tough to work with America worshipping it's #1 God, the Almighty Dollar.

Would probably end up somewhat like what China is currently trying to do. Capitalism Economy yet Communist Government.

 

[xsited1]

Bush did exactly what Reagan did, he increased military spending while reducing taxes for the rich. The result was a huge increase in the National Debt.

ReaganBushDebt.org

Which is not supply-side economics. You need to educate yourself on what it is. While you're at it, read the paper I posted which looks at 18 large economies over several decades. Let me know when you understand it and then we can discuss.

 

[Chris]

Which is not supply-side economics. You need to educate yourself on what it is. While you're at it, read the paper I posted which looks at 18 large economies over several decades. Let me know when you understand it and then we can discuss.

Let me know when you figure out who created 90% of the National Debt.

Supply-side economics - Wikipedia, the free encyclopedia

 

[xsited1]

Let me know when you figure out who created 90% of the National Debt.

Supply-side economics - Wikipedia, the free encyclopedia

Supply-side economics does not cause debt, it reduces it. You're thinking of increased government spending with no regard of paying for it. Again, you don't have a grasp of the concepts. Let me know when you do.

 

[Chris]

Supply-side economics does not cause debt, it reduces it. You're thinking of increased government spending with no regard of paying for it. Again, you don't have a grasp of the concepts. Let me know when you do.

I have a grasp of the concept.

It was used as excuse to put us in debt.

Let me know when you have figured that out.

 

[trobinett]

rayboyusmc posts:

Never worked, never will.

Ok, I believe you, what else is new?

 

[AVG-JOE]

Well that's what the GOP really means by "Trickle down Economics"

Both this and Communism might seem nice on paper, but realistically; neither work.

That is because both require the class that controls the wealth to do something other than what is in their own best interest.

Under communism wealth is controlled by the state, and the people in the bureaucracy are supposed assign jobs and dole out rewards not on the favor that role carries with it, but on 'what is best for the community'.

In trickle down capitalism the wealthy are supposed to build local factories and do research, handing out jobs and rewards in the process.

Who knew that people in either role wouldn't just do what was in their best interest, like moving the factories to where labor is cheap and eliminating the need for research by killing off competition under capitalism or run a corrupt bureaucracy giving the best jobs to ones friends under communism.

Somewhere out there is a blend of socialist capitalism that keeps things fair and gives maximum opportunities for relevant education as an entitlement to its citizens, who understand that entitlements are gifts and are grateful.

-Joe

 

[xsited1]

I have a grasp of the concept.

It was used as excuse to put us in debt.

Let me know when you have figured that out.

If an economic policy INCREASES government revenues, there is NO WAY that economic policy can put you into debt.

I see I'm going to have to use sock puppets next time to explain something so simple. Are all Obama supporters like you?

 

[sealybobo]

Let me know when you figure out who created 90% of the National Debt.

Supply-side economics - Wikipedia, the free encyclopedia

I think economics is mumbo jumbo. Its just not an exact science. Example, they say there is a shortage of IT professionals, so why isn't supply and demand driving up wages?

Or gas supply and demand. We never had a shortage of oil and speculation over ruled s&d.

 

[Modbert]

I think economics is mumbo jumbo. Its just not an exact science. Example, they say there is a shortage of IT professionals, so why isn't supply and demand driving up wages?

Or gas supply and demand. We never had a shortage of oil and speculation over ruled s&d.

Mumbo Jumbo economics

Otherwise known as rolling the dice economics.

 

[chapstic]

Mumbo Jumbo economics

Otherwise known as rolling the dice economics.

"mumbo jumbo" or in other words, "i am ignorant to economic principals so i will just assume it is all random"

 

[Chris]

If an economic policy INCREASES government revenues, there is NO WAY that economic policy can put you into debt.

I see I'm going to have to use sock puppets next time to explain something so simple. Are all Obama supporters like you?

Reagan and Bush cutting taxes and increasing military spending is what created 90% of the National Debt. No need to for sock puppets on that one.

Reagan and Bush added 9 trillion dollars to the national debt. No amount of lying and bravado will change that.

ReaganBushDebt.org