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Bernanke first started QE trickle down policies after Obama won the presidency, but before he was sworn in as president. Obama then in his first months as president, CHOSE to give Bernanke another term while Bernanke pledged to continue QE trickle down economics. Then 4 years later, Obama CHOSE to replace Bernanke with Yellen who supports QE trickle down.
Obama has tacitly supported trickle down economics, despite criticizing trickle down policy on the campaign trail.
Does not QE trickle down favor the rich at the expense of the little guy?
Why do Democrats criticize Trickle Down, but look the other way when Obama supports it?
Bernanke first started QE trickle down policies after Obama won the presidency, but before he was sworn in as president. Obama then in his first months as president, CHOSE to give Bernanke another term while Bernanke pledged to continue QE trickle down economics. Then 4 years later, Obama CHOSE to replace Bernanke with Yellen who supports QE trickle down.
Obama has tacitly supported trickle down economics, despite criticizing trickle down policy on the campaign trail.
Does not QE trickle down favor the rich at the expense of the little guy?
Why do Democrats criticize Trickle Down, but look the other way when Obama supports it?
It's not just QE. They were all for the stimulus. They say unemployment benefits are good for the economy. They say welfare helps the economy. So they do understand the multiplier effect of putting money into an economy, they just don't want that money in the hands of a wealthy person. When the government spends money on infrastructure, that creates jobs and that's wonderful. But somehow when a wealthy person invests money in a corporation, that doesn't create jobs and that's evil profiteering. Either they are complete morons or else it's purely politics.
That's not what I said, I said people like yourself support it from Obama because mainly, he is black, the 2nd most important piece of the puzzle is he is a raging Progressive.
But somehow when a wealthy person invests money in a corporation, that doesn't create jobs and that's evil profiteering. Either they are complete morons or else it's purely politics.
if investing money in corporations created jobs, we'd have zero unemployment right now.
That's not what I said, I said people like yourself support it from Obama because mainly, he is black, the 2nd most important piece of the puzzle is he is a raging Progressive.
I don't support it, so I don't know what you are talking about and how is supporting trickle down economics a form of raging progressiveness???
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