Politics
Politics
Out of context: Reply #30736
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- whatthefunk3
- i am amazed people still believe it works in any other way than this...renderedred
- < This would only be accurate if the wealthy never spent any money.Morning_star
- spending money is not trickle down eithermonospaced
- if the rich were to, say, take their insanely disproportionate wealth and income and use it to significantly increase wages, that would be trickle downmonospaced
- a 0.5% wage increase and a $500 one-time christmas bonus doesn't count either, as those are drops in an ocean in comparison to the tax breaks they getmonospaced
- If the largest corporatons took their billions and billions and used it to lower prices of products, sure. But that isn't happening.monospaced
- That’s not my understanding of the theory. Lower taxes to stimulate investment and spending. That extra spend and investment then trickles down.Morning_star
- No, they buy back their stocks.BonSeff
- I’m sure some businesses or private wealthy dudes will do that. However, most don’t.Morning_star
- oooh kaayBonSeff
- Nice 80s Lenny Henry impression. Bit racist these days though.Morning_star
- I don't know who the fuck lenny henry is. but i do know you assume way to much.BonSeff
- All the tax breaks to business, that "repatriation" crap went to stock buy backs. There is no "trickle down".formed
- https://www.youtube.…********
- FYI I don't think Trickle Down Economics is a plausible solution. It's been tried and failed in may forms. My issue was with Mono's definition and the claim...Morning_star
- ...that ALL businesses and wealthy types bought back stock. Just not true.Morning_star
- Look at my previous post on this thread. See how the tax breaks worked out for the people of Louisiana.PhanLo
- I never said that!monospaced
- M_s - how is an individual going to buy back stock? They simply hoard their wealth and collect returns with capital gains rates. It's been shown over and overformed
- that the wealthiest don't spend more, regardless of tax breaks or the economy - it just doesn't matter as much when you have a ton of money.formed
- https://www.youtube.…
again******** - its sold by politicians only as theory. Some keynes econ theorists might promote it as well but mostly a fiction.********
- republicans sell it and idiots buy itmonospaced
- youre a fool if you only see it party line. shows little grasp of actual policy works. Both parties make regular use of theory to boost economy regularly********
- Look at the parties, the politics and the agendas and say that again. Jesus Christ. Of COURSE it’s a party thing. You’re ignorant of you argue against that. Facmonospaced
- ? you said republicans sell it... that is party specific... I cant help but think you believe it a party line tool. which i just said it isn't.********
- and which I think explains the main reasons. trickle down is fiction, incentive for investment is good, tax effects investment directly with money.********
- democratic "trickle down theory" is different. they think they know how to build the bottom up. instead of freeing up capital in the top end they believe they********
- are smarter than the markets, and know how to choose to spend free capital wether on infrastructure for limited time jobs or welfare and hoping it grows busines********
- which is hubris and the republicans tax breaks have a greater chance of producing better results do to free market principle that give********
- the voice an power to every individual to vote on what works for them vs state small committee base dictating for whatever reason/politics. That gov trickle dow********
- n to build up is a joke. Just read some Hayek and tell me where he errored?********
- And yes I don't believe we have hardly a free market system. tax breaks and rules tied in with so many other regulations are largely built upon politicians********
- creating suffering and hamstringing it for a platform to greedily pursue their own goals. and those types are probably worse than power hungry cops who shoot 10********
- lb dogs in front of the kids. I'd say just fuckin wake up but that shit doesn't work for flat earthers, or any majority throughput history********
- and yes, republicans have been selling "trickle down economics" for decades, and it is a party thingmonospaced
- ONLY republicans... is that an absolute. A party line thing that is a constant like gravity?********
- minus wormholes an larger varying factors, more constant on other i should specify...********
- look, if you want to show me any recent or current democrats who are talking about it, go ahead.monospaced
- and only the sith deal in absolutesmonospaced
- If its all about tax cuts than not many democrats currently because they lost their power. Last one did it was obama.********
- Its a tocqueville thing about politics buying us with our own money. but ill say almost every democrat ( and many reps) are in support of infrastructure project********
- these are another bullshit trickle down system where as giving large grants to corps will push hiring and boost economies********
- easier to just say most instead of names on that one. The big question would be do you think gov projects like that are similar to tax cuts?********
- There are differences but I think the they share the same lie that money flows down. Personally infrastructure is worse than lower taxes********
- because it's too localized and doesn't provide money back to everyone in a equal fashion to decide how to best use money effeciently for them. which is markets********