The left loves stimulus, so long as it's driven by dementia instead of the orange man.
But the left hates trickle down. In their minds the more you take from employers the more likely employees are to get a raise. Let's call it what it is instead, they desire govt. entitlements, because that's the only other direction, and that starves a country under socialism. But the PROGS talk anyway, they do that a lot. In PROG, the less money you make the better car you drive, debt & bad decisions are personal too.
Trickle down economics is just a term. For those who think rationally it's really up & down, an exchange of money ongoing. If that shit don't work, then explain why economic stimulus is different, go!
I'll give it a go.
You are conflating 2 different things.
Economic stimulis is giving money to people or businesses who qualify for it by a predetermined set of standards.
Trickle down economics is the idea that as profit increases so do wages of those employed.
The first is predictable and easily quantified in its outcome. The second is a philosophy that is neither.
As to your first paragraph.
Yes, we want more entitlements. The reason being that unlike trickledown economics the available funds are guaranteed to help the employed and... yes also the unemployed and other people in need. It doesn't "starve" a country as countless Western countries have proved. It leads to a higher standard of living and more happiness of the populace on the whole.
Economic stimulis is giving money to people or businesses who qualify for it by a predetermined set of standards.
Same applies to all economic conditions, established standards. The only difference is the govt. is spreading the money generating public debt with among other things hope to generate growth. Or if PROG language because "people are hurting".
Trickle down economics is the idea that as profit increases so do wages of those employed.
Again, it's up and down, down causes up, back down again etc. etc. The idea for stimulus is exactly the same.
The first is predictable and easily quantified in its outcome.
No shit predictable huh? Then why all the hiring signs? Under O'bummer we had stimulus while O'bummercare stagnated growth and raised taxes. It was predictable alright, the money went into govt. programs for O'bummercare, ask me how I know, govt. buildings, ask me how I know, and govt. infrastructure where a days work took weeks ask me how I know, and giant steel animals they call art ask me how I know.
The second is a philosophy that is neither.
Reflecting on the OP, since trickle down is just a philosophy then it's safe to say you're more likely to receive a raise if the govt. takes more money.
As to your first paragraph.
Yes, we want more entitlements. The reason being that unlike trickledown economics the available funds are guaranteed to help the employed and... yes also the unemployed and other people in need.
It doesn't "starve" a country as countless Western countries have proved.
Say goodbye to USA military force those countries depend on yo cover their ass. Yeah, let's give everything to China, sounds about right. There has been a recent trend of rising homelessness in England. Over the 2016/17 period, 59,110 people were considered homeless, this is a 9% increase over the 2014/15 numbers. Homelessness among vulnerable groups has also increased by 75% since 2010 (Shelter, 2019).
On any given night, there are 4,000 people sleeping rough (Shelter, 2019). Households in temporary accommodation has risen from 48,330 in 2011 to 78,170 in 2017 (EOH, 2018). 57% of private renters say they struggle to cover housing costs (Shelter, 2019).
There is no official strategy for gathering information on homelessness in Greece. The UN Human Rights Council reports 21,216 people as homeless (FEANTSA, 2017).
Currently 34.8% of the population, 3.7 million people, are considered to be living below the poverty line (Kathimerini, 2018). The country also has the highest level of unemployment in Europe at 18.5% (Eurostat, 2019) .
Since the start of the financial crisis evictions have risen by nearly 70%.
You could move to Cuba???????????????
Why are you quoting a British study on Housing to discuss American economics? The "Shelter, 2019" link is to a UK study, "FEANTSA, 2017" is an study on homelessness in Greece.
This is stand with idiots on the right. Instead of looking at successful countries, like Norway, Canada, or New Zealand, you look at failed democracies like Greece.
If Republicans continue to under mine Democracy in the USA, and continue on the path to a white nationalist authoritarian dictatorship, you most likely will end up like Greece or Argentina, since Republican economic policies already have you well along that path right now.
But for now, let's look at what's happening in the USA under YOUR current tax codes and stop listening to bullshit about Greece.
