Trickle Down

Discussion in 'Congress' started by rayboyusmc, Oct 14, 2008.

  1. rayboyusmc
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    rayboyusmc Senior Member

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    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.
     
  2. Modbert
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    Modbert Daydream Believer Supporting Member

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

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

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

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    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.
     
  5. xsited1
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    xsited1 Agent P

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  6. rayboyusmc
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    rayboyusmc Senior Member

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    Tell that to the current economy.:eusa_whistle:
     
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  7. xsited1
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    xsited1 Agent P

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

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    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
     
  9. Modbert
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    Modbert Daydream Believer Supporting Member

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    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. :lol:

    Would probably end up somewhat like what China is currently trying to do. Capitalism Economy yet Communist Government.
     
  10. xsited1
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    xsited1 Agent P

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    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.
     

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