Trickle Up Defies Gravity

Discussion in 'Politics' started by jamesduncan, Dec 30, 2017.

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WHICH IS BETTER FOR THE ECONOMY

  1. TRICKLE DOWN

    11 vote(s)
    50.0%
  2. TRICKLE UP

    11 vote(s)
    50.0%
  1. jamesduncan
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    jamesduncan BANNED

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    TRICKLE UP DEFIES GRAVITY

    Income distribution

    {1} 1,365,856 earn more than $388,000 a year

    {2} 68,292,856 earn less than $70,000 a year

    https://tinyurl.com/yaw8yy3g


    TRICKLE DOWN
    If the IRS gave tax bracket {1} a $1,000 tax break they in turn could add $13,665,856,000 to the economy but the rich will not add it to the economy, they will put it in the bank to do nothing


    TRICKLE UP
    If the IRS gave tax bracket {2} a $1,000 tax break they in turn could add $68,292,856,000 to the economy because they will spend it, buying new things from houses to shoes to a new car which adds to the economy making more shoes, the car to a new house.

    Now ask yourself; which is best for our economy

    ( ) Trickle down

    ( ) Trickle up
     
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  2. nat4900
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    nat4900 Platinum Member

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    Trickle up....is when the middle class has more purchasing/spending power to clamor for goods and services, which, in turn, spurs the economy and industry...

    Trickle down, is a futile expectation that given extra money to conglomerates, these companies will generously give some of their extra funds to create more jobs to address a NON-existent need for more production and to give higher salaries to workers that have jobs in areas where there is no demands for whatever they're producing.
     
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  3. SSGT Bags
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    The problem with your logic.
    Bracket 1 does not need any more money in the bank, they need a new Ferrari.
    Bracket 2 probably has 5 credit cards maxed out, won't buy anything new.
     
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  4. BrokeLoser
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    BrokeLoser Gold Member

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    For sane folks the principles are simple.
    For gimme free shit beggars...not so much.
    Most economists agree the primary catalyst in a robust economy is jobs / employment.
    Ask yourself this...has a bottom feeder ever given you a job?
     
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  5. BrokeLoser
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    BrokeLoser Gold Member

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    PLEASE, PLEASE, PLEASE....stop pretending you wackos give two shits about the AMERICAN middle class....You want to see policies implemented that directly bypass the true middle class and only have the potential to benefit ShaQuita and Guadalupe at the very bottom...you know this and we know this....stop playing fucking games, come clean and spit it the fuck out.
     
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  6. TroglocratsRdumb
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    JFK, a rising tide lifts all boats
    Obama, a low tide keeps everyone equal for social justice
     
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  7. BluesLegend
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    The 'rich' don't spend money? What brand of LSD laced crack are you smoking OP? :laugh:...:itsok:
     
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  8. Golfing Gator
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    And the only thing that creates jobs is demand. Group 1 getting $1000 does nothing to demand and they are going to hire people just because they have more money. Group 2 getting $1000 will increase demand which will in turn lead to more jobs.
     
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  9. BluesLegend
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    Group 2 will have their $1,000 confiscated by tax and spend liberals and the money will vanish into a black hole. :itsok:
     
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  10. Golfing Gator
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    You are not really a very smart person are you? That's ok, the world needs dumb people too.
     
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