The 'trickle down theory' is dead wrong

[NYcarbineer]

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

Democrats discourage spending by taxing the wealthy.

Republicans encourage spending by reducing taxes.

Why did the economy boom after the Clinton tax increase in 93?

Because the tax increase didn't kill of the Reagan boom immediately...it took Clinton two terms and raising taxes to kill off the Reagan economy......remember....at the end of his term the economy went in the tank......he almost made it out of office before it happened....

You obviously have no idea what the business cycle is.

 

[NYcarbineer]

The elephant in the room is the corrupt idiots in government are the last people I would trust with our wealth, HELLO.

But you'd trust the corporate interests?

A corporate interests provides either a product or a service... I trust them to perform on their promise or I refuse to pay them.

Can I do that with Government, Gilligan?

(Gilligan, the answer is: "No Sir, you can't.")

You get to vote like everyone else.

 

[2aguy]

The elephant in the room is the corrupt idiots in government are the last people I would trust with our wealth, HELLO.

But you'd trust the corporate interests?

Okay...so you statist thugs hate corporations..right? They cheat...they get tax breaks and subsidies from the government...right....that means that they are getting our tax money, according to you guys....

So who is giving them those tax breaks, and subsidies......greedy, corrupt politicians...right?

so you insist that we, and the rich, have to pay more in taxes...right.....that get controlled by the politicians....who give them to their friends in the corporations...right? That is how you guys see it...right?


So why the fuck should we send more money to washington....if they are just going to give it to the corporations you hate so much....wouldn't it be better to just keep that money ourselves?

The left are batshit crazy stupid.........

 

[NYcarbineer]

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

Democrats discourage spending by taxing the wealthy.

Republicans encourage spending by reducing taxes.

Why did the economy boom after the Clinton tax increase in 93?

Because the tax increase didn't kill of the Reagan boom immediately...it took Clinton two terms and raising taxes to kill off the Reagan economy......remember....at the end of his term the economy went in the tank......he almost made it out of office before it happened....

The Reagan expansion lasted from the end of 82 until 1990. The Clinton presidency's economy was in expansion the entire time he was president.

 

[NYcarbineer]

The elephant in the room is the corrupt idiots in government are the last people I would trust with our wealth, HELLO.

But you'd trust the corporate interests?

Okay...so you statist thugs hate corporations..right? They cheat...they get tax breaks and subsidies from the government...right....that means that they are getting our tax money, according to you guys....

So who is giving them those tax breaks, and subsidies......greedy, corrupt politicians...right?

so you insist that we, and the rich, have to pay more in taxes...right.....that get controlled by the politicians....who give them to their friends in the corporations...right? That is how you guys see it...right?


So why the fuck should we send more money to washington....if they are just going to give it to the corporations you hate so much....wouldn't it be better to just keep that money ourselves?

The left are batshit crazy stupid.........

It's meltdown time!

 

[Where_r_my_Keys]

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

Democrats discourage spending by taxing the wealthy.

Republicans encourage spending by reducing taxes.

Why did the economy boom after the Clinton tax increase in 93?

Because the tax increase didn't kill of the Reagan boom immediately...it took Clinton two terms and raising taxes to kill off the Reagan economy......remember....at the end of his term the economy went in the tank......he almost made it out of office before it happened....

Clinton was charmed... recall that he had a Tech BOOM! Which came as a result of the manufactured hysteria regarding "Y2K", wherein the rubes were lead to believe that when the clocks on banking computers hit zero... they'd become confused, erase all the data on their drives and instantly burst into flames.

It was amazing to watch. As there was never any danger at all that any data would be lost... all the computer would have done is to note the year '00'... and keep on truckin'. But trillions were spent on man-hours for programmers and new hardware, at every level of the economy.

And THAT is why the Economy didn't stall prior TO Y2K.

 

[2aguy]

trickle down is the derisive Progressive misnomer for Reaganomics

Actually, the trickle down theory has been around much longer than Reagan.

I give you William Jennings Bryan and his famous "Cross of Gold" speech in 1896:

There are two ideas of government. There are those who believe that if you just legislate to make the well-to-do prosperous, that their prosperity will leak through on those below. The Democratic idea has been that if you legislate to make the masses prosperous their prosperity will find its way up and through every class that rests upon it.

You come to us and tell us that the great cities are in favor of the gold standard. I tell you that the great cities rest upon these broad and fertile prairies. Burn down your cities and leave our farms, and your cities will spring up again as if by magic. But destroy our farms and the grass will grow in the streets of every city in the country.

Obviously, William Jennings Bryan was right and Reagan was wrong.

Why was Reagan wrong? And please, be specific.

Because this happened:

So everyones income went up....and the bottom 20% went up 18%.....everyone got something.....and those who worked hard and smart and started businesses, and employed people made even more money...but everyone got more....right?

What is the fucking problem......?

 

[2aguy]

The elephant in the room is the corrupt idiots in government are the last people I would trust with our wealth, HELLO.

But you'd trust the corporate interests?

Okay...so you statist thugs hate corporations..right? They cheat...they get tax breaks and subsidies from the government...right....that means that they are getting our tax money, according to you guys....

So who is giving them those tax breaks, and subsidies......greedy, corrupt politicians...right?

so you insist that we, and the rich, have to pay more in taxes...right.....that get controlled by the politicians....who give them to their friends in the corporations...right? That is how you guys see it...right?


So why the fuck should we send more money to washington....if they are just going to give it to the corporations you hate so much....wouldn't it be better to just keep that money ourselves?

The left are batshit crazy stupid.........

It's meltdown time!

Oh...I see......you can't answer that....because it makes you look real stupid.....it exposes your really stupid ideas for how really stupid they are......

 

[Where_r_my_Keys]

The elephant in the room is the corrupt idiots in government are the last people I would trust with our wealth, HELLO.

But you'd trust the corporate interests?

A corporate interests provides either a product or a service... I trust them to perform on their promise or I refuse to pay them.

Can I do that with Government, Gilligan?

(Gilligan, the answer is: "No Sir, you can't.")

You get to vote like everyone else.

Your concession is duly noted and summarily accepted, lil' buddy.

 

[2aguy]

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

Democrats discourage spending by taxing the wealthy.

Republicans encourage spending by reducing taxes.

Why did the economy boom after the Clinton tax increase in 93?

Because the tax increase didn't kill of the Reagan boom immediately...it took Clinton two terms and raising taxes to kill off the Reagan economy......remember....at the end of his term the economy went in the tank......he almost made it out of office before it happened....

Clinton was charmed... recall that he had a Tech BOOM! Which came as a result of the manufactured hysteria regarding "Y2K", wherein the rubes were lead to believe that when the clocks on banking computers hit zero... they'd become confused, erase all the data on their drives and instantly burst into flames.

It was amazing to watch. As there was never any danger at all that any data would be lost... all the computer would have done is to note the year '00'... and keep on truckin'. But trillions were spent on man-hours for programmers and new hardware, at every level of the economy.

And THAT is why the Economy didn't stall prior TO Y2K.

And the Reagan economy was still booming...and clinton's tax increases killed it.....it took him raising taxes, and screwing around with the economy...and then the Reagan boom came to an end....

 

[NYcarbineer]

The elephant in the room is the corrupt idiots in government are the last people I would trust with our wealth, HELLO.

But you'd trust the corporate interests?

A corporate interests provides either a product or a service... I trust them to perform on their promise or I refuse to pay them.

Can I do that with Government, Gilligan?

(Gilligan, the answer is: "No Sir, you can't.")

You get to vote like everyone else.

Your concession is duly noted and summarily accepted, lil' buddy.

What do you want, more than your vote?

 

[2aguy]

The elephant in the room is the corrupt idiots in government are the last people I would trust with our wealth, HELLO.

But you'd trust the corporate interests?

A corporate interests provides either a product or a service... I trust them to perform on their promise or I refuse to pay them.

Can I do that with Government, Gilligan?

(Gilligan, the answer is: "No Sir, you can't.")

You get to vote like everyone else.

Your concession is duly noted and summarily accepted, lil' buddy.

At least he didn't talk about your penis size........for some reason these statist thugs are obsessed with that.....

 

[Dot Com]

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.

Your talking w/ Mr. H. He took the randian brown acid

 

[Where_r_my_Keys]

At least he didn't talk about your penis size...

Well that actually serves reason. Gilligan doesn't have sufficient intellectual means to discuss such enormous topics.

 

[Where_r_my_Keys]

The elephant in the room is the corrupt idiots in government are the last people I would trust with our wealth, HELLO.

But you'd trust the corporate interests?

A corporate interests provides either a product or a service... I trust them to perform on their promise or I refuse to pay them.

Can I do that with Government, Gilligan?

(Gilligan, the answer is: "No Sir, you can't.")

You get to vote like everyone else.

Your concession is duly noted and summarily accepted, lil' buddy.

What do you want, more than your vote?

LOL! Poor Gilligan... . If invalid reason were suddenly struck impossible for the human mind to create... (OH! Well now, that wouldn't effect the Left at all would it?

My bad folks... Bad Example... )

If mammals were suddenly struck incapable of expressing invalid thought... the Ideological Left would be struck silent, in that instant.

 

[EdwardBaiamonte]

Wealth does not trickle down from the rich to the poor. Period.

of course that's very very stupid and liberal given that the poor drive Henry Ford's cars and Henry Ford does not drive the poors' cars.

 

[Dragonlady]

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?

All the European Nations run this way, take Greece, they continued to put people into the social programs and continued to tax the rich, they still ran out of money. No matter how much they taxed those evil rich people still could not fund their social programs.

It has never worked..

The problem with Greece is that no one PAID their taxes. The economy went underground and everyone paid cash so there was no paper trail.

It didn't matter what taxes were levied, people didn't pay them, so your theory is wrong.

 

[Where_r_my_Keys]

The problem with Greece is that no one PAID their taxes.

ROFLMNAO!

Absolute NONSENSE.

 

[RKMBrown]

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?

All the European Nations run this way, take Greece, they continued to put people into the social programs and continued to tax the rich, they still ran out of money. No matter how much they taxed those evil rich people still could not fund their social programs.

It has never worked..

The problem with Greece is that no one PAID their taxes. The economy went underground and everyone paid cash so there was no paper trail.

It didn't matter what taxes were levied, people didn't pay them, so your theory is wrong.

ROFL.. yeah cause people will jump at the chance to work for nothing but social services in return. lol

No they won't. But they will take the freebies. Everyone likes freebies. You want to see a mob form? Start handing out free stuff. You want to see the mob disperse? Ask who wants to do some work for free.

 

[LOki]

"Trickle Down" economics is just Keynesian economics for Republicans.