The 'trickle down theory' is dead wrong

[Socialist]

No fucking way! (The reading is interesting, it's settled once and for all, trickle down economics is a fucking joke, can't believe people still defend it.)

Wealth does not trickle down from the rich to the poor. Period.
That's not Senator Elizabeth Warren talking. That's the latest conclusion of new research from the International Monetary Fund.

In fact, researchers found that when the top earners in society make more money, it actually slows down economic growth. On the other hand, when poorer people earn more, society as a whole benefits.

The researchers calculated that when the richest 20% of society increase their income by one percentage point, the annual rate of growth shrinks by nearly 0.1% within five years.

This shows that "the benefits do not trickle down," the researchers wrote in their report, which analyzed over 150 countries.

By contrast, when the lowest 20% of earners see their income grow by one percentage point, the rate of growth increases by nearly 0.4% over the same period.

Continued here: The trickle down theory is dead wrong - Jun. 15 2015

 

[Mr. H.]

Wealth does "trickle down", when the wealthy are encouraged to spend.

Democrats discourage spending by taxing the wealthy.

Republicans encourage spending by reducing taxes.

 

[Socialist]

Wealth does "trickle down", when the wealthy are encouraged to spend.

Democrats discourage spending by taxing the wealthy.

Republicans encourage spending by reducing taxes.

Did you even read the damn study? This covered 100+ countries, and you're full of shit, this refers to the world, not just partisan America, and taxes were cut for the rich, decades ago, and yet, it's not trickling down, at all, yeah, yeah, we know how republicans want to cut taxes for the rich, it's a fucking disaster, productivity is at all time highs, incomes are shrinking, wages are stagnant, and the rich just keep getting richer. What do they need, more tax cuts? LOL.

 

[rdean]

Wealth does "trickle down", when the wealthy are encouraged to spend.

Democrats discourage spending by taxing the wealthy.

Republicans encourage spending by reducing taxes.

Did you even read the damn study? This covered 100+ countries, and you're full of shit, this refers to the world, not just partisan America, and taxes were cut for the rich, decades ago, and yet, it's not trickling down, at all, yeah, yeah, we know how republicans want to cut taxes for the rich, it's a fucking disaster, productivity is at all time highs, incomes are shrinking, wages are stagnant, and the rich just keep getting richer. What do they need, more tax cuts? LOL.

You can't explain the obvious to these people. It's not that they are simply stupid. It's complicated with a determined ignorance. And they are very determined.

 

[Socialist]

Wealth does "trickle down", when the wealthy are encouraged to spend.

Democrats discourage spending by taxing the wealthy.

Republicans encourage spending by reducing taxes.

Did you even read the damn study? This covered 100+ countries, and you're full of shit, this refers to the world, not just partisan America, and taxes were cut for the rich, decades ago, and yet, it's not trickling down, at all, yeah, yeah, we know how republicans want to cut taxes for the rich, it's a fucking disaster, productivity is at all time highs, incomes are shrinking, wages are stagnant, and the rich just keep getting richer. What do they need, more tax cuts? LOL.

You can't explain the obvious to these people. It's not that they are simply stupid. It's complicated with a determined ignorance. And they are very determined.

If you actually contemplate his post, you can tell he's subtly hinting that the rich need lower taxes and it'll trickle down. Mr H, are you an idiot?

 

[Mr. H.]

Wealth does "trickle down", when the wealthy are encouraged to spend.

Democrats discourage spending by taxing the wealthy.

Republicans encourage spending by reducing taxes.

Did you even read the damn study? This covered 100+ countries, and you're full of shit, this refers to the world, not just partisan America, and taxes were cut for the rich, decades ago, and yet, it's not trickling down, at all, yeah, yeah, we know how republicans want to cut taxes for the rich, it's a fucking disaster, productivity is at all time highs, incomes are shrinking, wages are stagnant, and the rich just keep getting richer. What do they need, more tax cuts? LOL.

When "taxes are cut for the rich", and the government in turn takes away the incentive to spend (i.e. "subsidies") the net effect is zero. No, you are full of shit you piece of socialist feces.

 

[Socialist]

Wealth does "trickle down", when the wealthy are encouraged to spend.

Democrats discourage spending by taxing the wealthy.

Republicans encourage spending by reducing taxes.

Did you even read the damn study? This covered 100+ countries, and you're full of shit, this refers to the world, not just partisan America, and taxes were cut for the rich, decades ago, and yet, it's not trickling down, at all, yeah, yeah, we know how republicans want to cut taxes for the rich, it's a fucking disaster, productivity is at all time highs, incomes are shrinking, wages are stagnant, and the rich just keep getting richer. What do they need, more tax cuts? LOL.

When "taxes are cut for the rich", and the government in turn takes away the incentive to spend (i.e. "subsidies") the net effect is zero. No, you are full of shit you piece of socialist feces.

Yeah, yeah, a massive study done on over 150 countries leaving out your partisan bullshit, ignoring that taxes were cut, ignoring that subsidies don't even affect everything, and you're continued ignorance/attempted defense of a broken theory is disturbing.

 

[Mr. H.]

Wealth does "trickle down", when the wealthy are encouraged to spend.

Democrats discourage spending by taxing the wealthy.

Republicans encourage spending by reducing taxes.

Did you even read the damn study? This covered 100+ countries, and you're full of shit, this refers to the world, not just partisan America, and taxes were cut for the rich, decades ago, and yet, it's not trickling down, at all, yeah, yeah, we know how republicans want to cut taxes for the rich, it's a fucking disaster, productivity is at all time highs, incomes are shrinking, wages are stagnant, and the rich just keep getting richer. What do they need, more tax cuts? LOL.

You can't explain the obvious to these people. It's not that they are simply stupid. It's complicated with a determined ignorance. And they are very determined.

If you actually contemplate his post, you can tell he's subtly hinting that the rich need lower taxes and it'll trickle down. Mr H, are you an idiot?

Taxes were extremely high under Reagan, yet "subsidies" were allowed to flourish. That is what encouraged spending.

I was there you malevolent fuck.

Yeah, I'm that old.

Go back to bed.

 

[Socialist]

Wealth does "trickle down", when the wealthy are encouraged to spend.

Democrats discourage spending by taxing the wealthy.

Republicans encourage spending by reducing taxes.

Did you even read the damn study? This covered 100+ countries, and you're full of shit, this refers to the world, not just partisan America, and taxes were cut for the rich, decades ago, and yet, it's not trickling down, at all, yeah, yeah, we know how republicans want to cut taxes for the rich, it's a fucking disaster, productivity is at all time highs, incomes are shrinking, wages are stagnant, and the rich just keep getting richer. What do they need, more tax cuts? LOL.

You can't explain the obvious to these people. It's not that they are simply stupid. It's complicated with a determined ignorance. And they are very determined.

If you actually contemplate his post, you can tell he's subtly hinting that the rich need lower taxes and it'll trickle down. Mr H, are you an idiot?

Taxes were extremely high under Reagan, yet "subsidies" were allowed to flourish. That is what encouraged spending.

I was there you malevolent fuck.

Yeah, I'm that old.

Go back to bed.

I don't care if you were there or not, plus... Michael Moore claims that during the Reagan years the richest had their top tax rate cut in half PolitiFact - I don't care who it is, the claim is mostly correct and examined.
Oh god, here we go with the subsidies bullshit, you can't honestly believe wealth will ever trickle down? Read the damn study and grow up.

 

[Mr. H.]

Wealth does "trickle down", when the wealthy are encouraged to spend.

Democrats discourage spending by taxing the wealthy.

Republicans encourage spending by reducing taxes.

Did you even read the damn study? This covered 100+ countries, and you're full of shit, this refers to the world, not just partisan America, and taxes were cut for the rich, decades ago, and yet, it's not trickling down, at all, yeah, yeah, we know how republicans want to cut taxes for the rich, it's a fucking disaster, productivity is at all time highs, incomes are shrinking, wages are stagnant, and the rich just keep getting richer. What do they need, more tax cuts? LOL.

You can't explain the obvious to these people. It's not that they are simply stupid. It's complicated with a determined ignorance. And they are very determined.

This "people" has owned and operated a business under numerous administrations over the past four decades. You can't tax wealth while at the same time take away the incentive to spend. That is what Democrats do, you frightful fuck.

 

[Mr. H.]

Wealth does "trickle down", when the wealthy are encouraged to spend.

Democrats discourage spending by taxing the wealthy.

Republicans encourage spending by reducing taxes.

Did you even read the damn study? This covered 100+ countries, and you're full of shit, this refers to the world, not just partisan America, and taxes were cut for the rich, decades ago, and yet, it's not trickling down, at all, yeah, yeah, we know how republicans want to cut taxes for the rich, it's a fucking disaster, productivity is at all time highs, incomes are shrinking, wages are stagnant, and the rich just keep getting richer. What do they need, more tax cuts? LOL.

You can't explain the obvious to these people. It's not that they are simply stupid. It's complicated with a determined ignorance. And they are very determined.

If you actually contemplate his post, you can tell he's subtly hinting that the rich need lower taxes and it'll trickle down. Mr H, are you an idiot?

Taxes were extremely high under Reagan, yet "subsidies" were allowed to flourish. That is what encouraged spending.

I was there you malevolent fuck.

Yeah, I'm that old.

Go back to bed.

I don't care if you were there or not, plus... Michael Moore claims that during the Reagan years the richest had their top tax rate cut in half PolitiFact - I don't care who it is, the claim is mostly correct and examined.
Oh god, here we go with the subsidies bullshit, you can't honestly believe wealth will ever trickle down? Read the damn study and grow up.

"Michael Moore claims"?

You just dropped your own ass to zero on the credibility charts around here, Brotch.

 

[Socialist]

Wealth does "trickle down", when the wealthy are encouraged to spend.

Democrats discourage spending by taxing the wealthy.

Republicans encourage spending by reducing taxes.

Did you even read the damn study? This covered 100+ countries, and you're full of shit, this refers to the world, not just partisan America, and taxes were cut for the rich, decades ago, and yet, it's not trickling down, at all, yeah, yeah, we know how republicans want to cut taxes for the rich, it's a fucking disaster, productivity is at all time highs, incomes are shrinking, wages are stagnant, and the rich just keep getting richer. What do they need, more tax cuts? LOL.

You can't explain the obvious to these people. It's not that they are simply stupid. It's complicated with a determined ignorance. And they are very determined.

This "people" has owned and operated a business under numerous administrations over the past four decades. You can't tax wealth while at the same time take away the incentive to spend. That is what Democrats do, you frightful fuck.

Oh dear god, leave your democrat/republican hogwash out of the fucking discussion, the reality is, the trickle down theory is a piece of hogwash, and your complete lack of evidence for your claims, with your partisan bullshit is telling of yourself. "take away incentive to spend" Oh dear lord.. I guess they just need lower taxes! THAT'LL WORK GUYS.

 

[Kosh]

No fucking way! (The reading is interesting, it's settled once and for all, trickle down economics is a fucking joke, can't believe people still defend it.)

Wealth does not trickle down from the rich to the poor. Period.
That's not Senator Elizabeth Warren talking. That's the latest conclusion of new research from the International Monetary Fund.

In fact, researchers found that when the top earners in society make more money, it actually slows down economic growth. On the other hand, when poorer people earn more, society as a whole benefits.

The researchers calculated that when the richest 20% of society increase their income by one percentage point, the annual rate of growth shrinks by nearly 0.1% within five years.

This shows that "the benefits do not trickle down," the researchers wrote in their report, which analyzed over 150 countries.

By contrast, when the lowest 20% of earners see their income grow by one percentage point, the rate of growth increases by nearly 0.4% over the same period.

Continued here: The trickle down theory is dead wrong - Jun. 15 2015

Yet the wealth redistribution system by the far left governments have proven not work at all, yet the far left still wants it to be the standard..

What works is extra income in the pockets of the people. Can not do that if the far left is willing to over tax everything and bails out the banks and not the people..

 

[Socialist]

Did you even read the damn study? This covered 100+ countries, and you're full of shit, this refers to the world, not just partisan America, and taxes were cut for the rich, decades ago, and yet, it's not trickling down, at all, yeah, yeah, we know how republicans want to cut taxes for the rich, it's a fucking disaster, productivity is at all time highs, incomes are shrinking, wages are stagnant, and the rich just keep getting richer. What do they need, more tax cuts? LOL.

You can't explain the obvious to these people. It's not that they are simply stupid. It's complicated with a determined ignorance. And they are very determined.

If you actually contemplate his post, you can tell he's subtly hinting that the rich need lower taxes and it'll trickle down. Mr H, are you an idiot?

Taxes were extremely high under Reagan, yet "subsidies" were allowed to flourish. That is what encouraged spending.

I was there you malevolent fuck.

Yeah, I'm that old.

Go back to bed.

I don't care if you were there or not, plus... Michael Moore claims that during the Reagan years the richest had their top tax rate cut in half PolitiFact - I don't care who it is, the claim is mostly correct and examined.
Oh god, here we go with the subsidies bullshit, you can't honestly believe wealth will ever trickle down? Read the damn study and grow up.

"Michael Moore claims"?

You just dropped your own ass to zero on the credibility charts around here, Brotch.

I told you that would be the first thing you did, which is telling, since you want to drop out of the discussion and ignore actual facts. I don't care if Michael moore claimed it, the fact is, the rich had their tax rates cut substantially under reagan, and nothing "trickled down" more like "trickled up." Get your partisan hogwash out of this fucking thread.

 

[TemplarKormac]

What does water do? Trickle upwards?

 

[TemplarKormac]

Yeah, yeah, a massive study done on over 150 countries

Cite it. Link to it.

 

[Socialist]

No fucking way! (The reading is interesting, it's settled once and for all, trickle down economics is a fucking joke, can't believe people still defend it.)

Wealth does not trickle down from the rich to the poor. Period.
That's not Senator Elizabeth Warren talking. That's the latest conclusion of new research from the International Monetary Fund.

In fact, researchers found that when the top earners in society make more money, it actually slows down economic growth. On the other hand, when poorer people earn more, society as a whole benefits.

The researchers calculated that when the richest 20% of society increase their income by one percentage point, the annual rate of growth shrinks by nearly 0.1% within five years.

This shows that "the benefits do not trickle down," the researchers wrote in their report, which analyzed over 150 countries.

By contrast, when the lowest 20% of earners see their income grow by one percentage point, the rate of growth increases by nearly 0.4% over the same period.

Continued here: The trickle down theory is dead wrong - Jun. 15 2015

Yet the wealth redistribution system by the far left governments have proven not work at all, yet the far left still wants it to be the standard..

What works is extra income in the pockets of the people. Can not do that if the far left is willing to over tax everything and bails out the banks and not the people..

Are you stupid? What countries do you want to measure?

 

[Socialist]

Yeah, yeah, a massive study done on over 150 countries

Cite it. Link to it.

http://www.imf.org/external/pubs/ft/sdn/2015/sdn1513.pdf

 

[Mr. H.]

Wealth does "trickle down", when the wealthy are encouraged to spend.

Democrats discourage spending by taxing the wealthy.

Republicans encourage spending by reducing taxes.

Did you even read the damn study? This covered 100+ countries, and you're full of shit, this refers to the world, not just partisan America, and taxes were cut for the rich, decades ago, and yet, it's not trickling down, at all, yeah, yeah, we know how republicans want to cut taxes for the rich, it's a fucking disaster, productivity is at all time highs, incomes are shrinking, wages are stagnant, and the rich just keep getting richer. What do they need, more tax cuts? LOL.

You can't explain the obvious to these people. It's not that they are simply stupid. It's complicated with a determined ignorance. And they are very determined.

This "people" has owned and operated a business under numerous administrations over the past four decades. You can't tax wealth while at the same time take away the incentive to spend. That is what Democrats do, you frightful fuck.

Oh dear god, leave your democrat/republican hogwash out of the fucking discussion, the reality is, the trickle down theory is a piece of hogwash, and your complete lack of evidence for your claims, with your partisan bullshit is telling of yourself. "take away incentive to spend" Oh dear lord.. I guess they just need lower taxes! THAT'LL WORK GUYS.

Ok fair enough. So now I will ask you to school me on the phenomenon of High Pressure/High Volume Hydraulic Fracturing, taxation, subsidies, and the "trickle down effect" of all of the above.

This is a real world exercise that addresses your post, so put on your thinking cap.

 

[Socialist]

Wealth does "trickle down", when the wealthy are encouraged to spend.

Democrats discourage spending by taxing the wealthy.

Republicans encourage spending by reducing taxes.

Did you even read the damn study? This covered 100+ countries, and you're full of shit, this refers to the world, not just partisan America, and taxes were cut for the rich, decades ago, and yet, it's not trickling down, at all, yeah, yeah, we know how republicans want to cut taxes for the rich, it's a fucking disaster, productivity is at all time highs, incomes are shrinking, wages are stagnant, and the rich just keep getting richer. What do they need, more tax cuts? LOL.

You can't explain the obvious to these people. It's not that they are simply stupid. It's complicated with a determined ignorance. And they are very determined.

This "people" has owned and operated a business under numerous administrations over the past four decades. You can't tax wealth while at the same time take away the incentive to spend. That is what Democrats do, you frightful fuck.

Oh dear god, leave your democrat/republican hogwash out of the fucking discussion, the reality is, the trickle down theory is a piece of hogwash, and your complete lack of evidence for your claims, with your partisan bullshit is telling of yourself. "take away incentive to spend" Oh dear lord.. I guess they just need lower taxes! THAT'LL WORK GUYS.

Ok fair enough. So now I will ask you to school me on the phenomenon of High Pressure/High Volume Hydraulic Fracturing, taxation, subsidies, and the "trickle down effect" of all of the above.

This is a real world exercise that addresses your post, so put on your thinking cap.

http://www.imf.org/external/pubs/ft/sdn/2015/sdn1513.pdf
It doesn't work buddy, sorry.