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Old 08-03-2012, 03:14 PM
 
4,278 posts, read 5,174,327 times
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The "trickle down" phrase was dreamed up by the press. Supply side economics worked. I guess we could call Obama's economic policy "trickle up" and it did not work for FDR and is not working for Obama.
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Old 08-03-2012, 03:15 PM
 
Location: Lower east side of Toronto
10,564 posts, read 12,810,934 times
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Trickle down did not work. Trickle up worked perfectly.
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Old 08-03-2012, 03:24 PM
 
Location: the very edge of the continent
88,930 posts, read 44,757,135 times
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Quote:
Originally Posted by Oleg Bach View Post
Trickle down did not work. Trickle up worked perfectly.
Trickle up poverty? Yes, it did work perfectly. Thanks, Dems.

Record high number of people on food stamps...
Quote:
the number of US households receiving the "SNAP treatment" rose to an all time high
Record Number Of US Households On Foodstamps | ZeroHedge


SNAP Monthly Data
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Old 08-03-2012, 03:24 PM
 
4,255 posts, read 3,477,774 times
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Originally Posted by Oleg Bach View Post
Trickle down did not work. Trickle up worked perfectly.

What would that be , give to those who refuse to work for it?
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Old 08-03-2012, 03:31 PM
 
58,936 posts, read 27,247,795 times
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Originally Posted by carterstamp View Post
Off topic, I asked if trickle down worked. Did it?
Yes.
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Old 08-03-2012, 03:32 PM
 
58,936 posts, read 27,247,795 times
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Quote:
Originally Posted by Mach50 View Post
Yet the only time we had a surplus was when Clinton raised taxes on the rich.
It has been proven over and over that there was NO surplus under Clinton.
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Old 08-03-2012, 03:44 PM
 
58,936 posts, read 27,247,795 times
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Quote:
Originally Posted by Wild Style View Post
"work" for whom? For the rich, yeah it worked perfectly. For the lower classes, ummm not so much. Incomes to cost of living ratios have slowly deteriorated for middle and lower class and for the rich, well lets just say they have done swimmingly.
""work" for whom? For the rich, yeah it worked perfectly."

So why don't you go work for a poor man. Oh, wait, that doesn't work because poor men don't have businesses that hire.

You aren't making sense.
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Old 08-03-2012, 03:45 PM
 
Location: America
6,993 posts, read 17,355,444 times
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Quote:
Originally Posted by InformedConsent View Post
Krugman in 2002:Dubya's Double Dip? - Op-Ed - NYTimes.com

Bernanke in 2006:
Records: Federal Reserve Officials Foresaw, Joked About Housing Bubble in 2006 | PBS NewsHour | Jan. 13, 2012 | PBS

Tinkering by the federal government, instead of letting market forces work.
I personally don't have a problem with government's stepping in when needed. You can not leave a company to its own devices. People are greedy and short sited. you allow them to do whatever they want they will enron the living enron out of all of us.
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Old 08-03-2012, 03:46 PM
 
46,260 posts, read 27,064,278 times
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I have yet to see a poor man looking for people to work for him.....

Just saying...
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Old 08-03-2012, 03:48 PM
 
58,936 posts, read 27,247,795 times
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Originally Posted by simetime View Post
You are not reading the whole thing, eliminating tax deductions but he said nothing about eliminating tax breaks (loopholes) for the rich. If he said and actually meant that he would be in violation of the norquist agreement and they would have drummed him out of the party
Duh!

TAX DEDUCTIONS ARE LOOPHOLES!
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