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Obama believes in Trickle Down economics. He may say otherwise to his fans that cheer when he bashes it, but Obama has done more Trickle Down economics than Reagan himself.
Obama's QE is in fact a version of Trickle Down economics. Obama owns QE Trickle Down economics. QE did not start until Obama won in 2008 and met with Bernanke, since then EVERY SINGLE FED pick Obama has made has been for QE supporters including renominating Bernanke, Yellen, and even the local governorships. If Obama opposed QE Trickle Down he could stop it, but instead he picks people who support it to run all levels of the Fed.
When I started working back in the 80's the company gave good bonuses.
Trickle down worked. Remember "profit sharing" ? We also got good raises and benefits including paying for continuing education and pensions.
Same company 20+ years later..no pensions, benefits cut to bare vacation/sick days, profit sharing is a fond memory, etc and no more pensions. Record profits though but they are keeping it all to themselves now.
Yeah, they changed to running their company like a BUSINESS.
Then, Republicans started screaming that the country should be run like a business.
Obama believes in Trickle Down economics. He may say otherwise to his fans that cheer when he bashes it, but Obama has done more Trickle Down economics than Reagan himself.
Obama's QE is in fact a version of Trickle Down economics. Obama owns QE Trickle Down economics. QE did not start until Obama won in 2008 and met with Bernanke, since then EVERY SINGLE FED pick Obama has made has been for QE supporters including renominating Bernanke, Yellen, and even the local governorships. If Obama opposed QE Trickle Down he could stop it, but instead he picks people who support it to run all levels of the Fed.
So then why are republicans so against Obama when he clearly implements policies they prefer? Same thing on healthcare.... It's baffling how republicans abandoned their ideas when the brown, democrat in the oval office uses them.
So then why are republicans so against Obama when he clearly implements policies they prefer? Same thing on healthcare.... It's baffling how republicans abandoned their ideas when the brown, democrat in the oval office uses them.
So then why are republicans so against Obama when he clearly implements policies they prefer? Same thing on healthcare.... It's baffling how republicans abandoned their ideas when the brown, democrat in the oval office uses them.
Or why does the (D)'s still support someone that has done the exact opposite of what they have claimed to have wanted?
Your answer lies right there. A large portion of the population puts party over principle.
So then why are republicans so against Obama when he clearly implements policies they prefer? Same thing on healthcare.... It's baffling how republicans abandoned their ideas when the brown, democrat in the oval office uses them.
So then why are democrats so for Obama when he clearly implements policies they reject? Same thing on virtually the entire laundry list of Bush policies that Obama campaigned against to the cheers, chants, and faints of Democrats.... It's baffling how democrats abandoned their ideas when the brown, democrat in the oval office goes against them.
P.S. Fire up your brain a moment. Is it possible to support some forms of Trickle Down, but not all forms of Trickle Down Economics? Yes. Obama on the other hand, blasts Trickle Down with no qualification to the cheers of the flock, while implementing more Trickle Down than Reagan. Think about that, Obama knows he is the shepherd of a large flock of sheep. He can literally implement more Trickle Down than any president in US history while condemning Trickle Down in general terms to the large ovations of his flock.
P.P.S Obama's Trickle Down has increased the wealth gap -- and Obama has the nerve to rally against this when it is his policies that have accelerated this problem without owning up to this fact. And the sheep bah along.
Last edited by michiganmoon; 04-13-2015 at 04:53 AM..
There is some truth to that, but in the process, the government extracts a large portion to pay for their bloated agency's employee's salaries, etc. And they also direct money to their supporters.
The fact is, though, that the Federal government prints as much money as it wants today, so there is no shortage to distribute to the "poor". But the effect of this is that the value of the dollar goes down, meaning (to those who don't understand economics) that it buys less, thus making the poor even poorer, because they have to stretch what little income they may have, even further.
There really isn't anything that the Democrats do right. The Democrat Party is a propaganda machine, designed to keep people dependent on government, and thus, keep Democrats in power. When they increase taxes on the so-called "rich" (many of whom are affected by their taxing policies are not really that rich), they hinder the growth of business, and discourage achievement, which depresses the job market further in an already weak economy as we have had for the last four years.
With few jobs available, whatever jobs may be out their are only going to go to the most qualified. Again, this leaves a lot of people still in need. And where do they turn? Why, to government, of course!
An interesting truth was pointed out recently: There are two kinds of "rich." Those who are rich in assets have very little in taxable "earned" income. Therefore they escape the tax increases that are based on "earnings." Those tax increases don't affect them. They are living off their investments, which is taxed differently.
It is really the middle class that are hurt most by the Democrats recent tax increases.
America is past broke.. too many dollars chasing the goods...inflation. How is your food bill?.. if one is on food stamps it is gravy.. if they work for their food , they are being robbed.
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