Boss
Take a Memo:
We often hear the liberals decry the Reagan "Trickle Down" years, lamenting how the theory didn't work in spite of the overwhelming economic recovery from the Carter Malaise. The thing that has always baffled me is how liberals fail to see their own fail. Trickle down certainly did work, but furthermore, every free market capitalist economy is trickle down.
That's right, we are presently experiencing trickle down economy as I type, even under the socialist oppression of Obama. Now there's not much trickling down these days because the administration is hostile toward capitalism, but that's how all capitalist economies work.
You see, you have the capitalist who is in business to make a profit. He hires and fires, makes decisions on expansion or production efficiency, cuts losses and trims waste. In the end, his venture is either profitable or not. If it's not, his venture will eventually go under and he's out of business. If he makes a profit, he will pay off investors, pay back loans, settle debts, look at ways to expand his business, reward his employees, and probably take his wife out for a nice steak dinner.
As this money shifts from his profitable hands, it trickles down. Investors and banks show profits, pay off their debts, reward their employees, take their wives out for dinner. Rewarded employees pay off their debts, invest in a new home or car, and take their wives out to dinner. Real estate agents and car dealers show profits as a result, and they will pay off debts, reward employees, etc. Restaurants see an uptick in people taking their wives out for steak dinners, so they realize a profit and reward their employees, pay off debts, look at ways to expand their business and even take their own wives out for dinner. And so on and so forth.
Now, when you go on a socialist rampage and attack capitalist profits as evil and wrong, institute policies designed to restrict profits or outright confiscate them through taxes and regulatory fees, then there is nothing to trickle down. Debts accumulate and go unpaid, or have to be restructured. Plans to expand are put on hold or cancelled. No bonuses for employees, no new houses or cars, no steak dinners for the wives. Investors, bankers, construction, real estate, etc., no longer have the profits trickling down, so they can't give their employees bonuses or take wives out for steak dinners. The trickle becomes a slow drip and the capitalist goes into survival mode.
It's important to remember, trickle down is still happening because it's the natural state of a capitalist economy. There are still people making profits, paying off debts, expanding their business, rewarding employees, and taking their wives out for steak dinners. It's just not happening as much. Liberals may claim they don't believe in 'trickle down' but if they believe in free market capitalism at all, they believe in trickle down.
That's right, we are presently experiencing trickle down economy as I type, even under the socialist oppression of Obama. Now there's not much trickling down these days because the administration is hostile toward capitalism, but that's how all capitalist economies work.
You see, you have the capitalist who is in business to make a profit. He hires and fires, makes decisions on expansion or production efficiency, cuts losses and trims waste. In the end, his venture is either profitable or not. If it's not, his venture will eventually go under and he's out of business. If he makes a profit, he will pay off investors, pay back loans, settle debts, look at ways to expand his business, reward his employees, and probably take his wife out for a nice steak dinner.
As this money shifts from his profitable hands, it trickles down. Investors and banks show profits, pay off their debts, reward their employees, take their wives out for dinner. Rewarded employees pay off their debts, invest in a new home or car, and take their wives out to dinner. Real estate agents and car dealers show profits as a result, and they will pay off debts, reward employees, etc. Restaurants see an uptick in people taking their wives out for steak dinners, so they realize a profit and reward their employees, pay off debts, look at ways to expand their business and even take their own wives out for dinner. And so on and so forth.
Now, when you go on a socialist rampage and attack capitalist profits as evil and wrong, institute policies designed to restrict profits or outright confiscate them through taxes and regulatory fees, then there is nothing to trickle down. Debts accumulate and go unpaid, or have to be restructured. Plans to expand are put on hold or cancelled. No bonuses for employees, no new houses or cars, no steak dinners for the wives. Investors, bankers, construction, real estate, etc., no longer have the profits trickling down, so they can't give their employees bonuses or take wives out for steak dinners. The trickle becomes a slow drip and the capitalist goes into survival mode.
It's important to remember, trickle down is still happening because it's the natural state of a capitalist economy. There are still people making profits, paying off debts, expanding their business, rewarding employees, and taking their wives out for steak dinners. It's just not happening as much. Liberals may claim they don't believe in 'trickle down' but if they believe in free market capitalism at all, they believe in trickle down.
