It's not envy to wonder why trickle down theory isn't working the way we are constantly told that it is supposed to work.
Billionaires are hoarding TRILLIONS in cash. Just cash. That money is not being spent so it is not trickling down. Isn't the entire point of "trickle down" Reaganomics that when the super-rich do better then everyone does better because the super-rich 1% job creators will have more disposable income to expand businesses, raise wages, provide better benefits, and contribute more to society?
Isn't that the entire point of supply-side trickle down theory? But now it's "envy" to wonder why record corporate profits aren't trickling down?
Freedom in economics does not mean equalized outcome..
Idiot trolls are a broken record
Who said anything about "equalized outcome"? CEOs will still be making 100:1 what their employees make. That's not "equalized outcome". Far from it. It simply means that billionaires spend their trillions of dollars on higher wages and better benefits for the employees who make the products that make businesses successful.
How do you Republicans keep saying that trickle-down economics works when there are record corporate profits coupled with high unemployment? Where the **** are all of the jobs that these super-wealthy "job creators" are supposed to be creating?
Dear KNB: to democratize economic development and quit giving unequal power to the Federal Reserve and big business interests, may I suggest the model taught and replicated by PAUL GLOVER of the Greens. he has helped many communities and townships set up a sustainable system of local currency based on labor hours and promoting locally owned business. So it teaches people not only how to value all their labor hours equally, but to keep their wealth invested and circulated locally. So it empowers the community to build sustainable local economy.
http://www.ithacahours.org http://www.ithacahours.com
If people had this knowledge and experience, I don't think we'd be arguing WTF the federal reserve and federal govt are doing. We'd be too busy managing our own local cooperatives ourselves, including health care which Glover also consults on and teaches/trains people.
KNB we will never be equal if we depend on outside third party corporations or govt to create jobs or define policies or wealth for us. The people in villages in Africa and Asia don't depend on the federal reserve or federal govt to give them money or regulate jobs.
they take their own labor and build their own local economy.
consumers need to patronize local businesses and quit selling out to Walmarts that compete by abusing slave labor.
if we bought and practiced fair trade, we don't need regulations to tell us how to spend our money and what to pay each other.
we need to learn the same skills our founding fathers or even the native tribes used to build their colonies and villages. Especially if we ever want to be coequal with each other
and with government that represents us.
the federal govt and reserve should be used as tools,
but the labor and services these represent in exchanges
must be locally controlled if there is going to be democratic participation and
not class oppression by top down management, ownership and controls.
on this concept, I think the social workers would actually agree with
the Greens on sustainable economy and fair trade, as well as
the capitalists and conservatives on empowering small business locally.
we may use different language and terms for what we want politically to happen,
but in the end, what empowers people is the same: local democratized control of businesses, schools and community development.