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Old 11-01-2014, 07:01 PM
 
2,777 posts, read 1,786,689 times
Reputation: 2418

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Quote:
Originally Posted by Pretzelogik View Post
It is called trickle up poverty...brought to you by the Marxists in power.
When you say things like this, all that it tells me is that you have no idea what Marxism is.
Of course, your average city-data poster won't know either, so you'll do fine here.
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Old 11-01-2014, 07:56 PM
 
7,359 posts, read 5,475,063 times
Reputation: 3142
Quote:
Originally Posted by Stizzel View Post
Under President Bush lite (Obama), the top earners of this country have fared far better than the rest of us and have seen massive gains in their pocket books, yet many middle class individuals struggle and social mobility isn't getting any better.

I mean, I thought the wealth trickled down to all the rest of us......right?!?!?!??!?!!?
It does. It's trickling down to China and India. Just because you aren't seeing the effects of it, doesn't mean it isn't happening. Try using your head. Where do you think all the growth in China and India are coming from?

The growth of the third world and the offshoring problem is proof that trickle down economics does, in fact, work exactly as it is supposed to work. It's just that as usual idiot liberals are incompetent at running an economy and their policies are ensuring that it is other nations that are receiving the trickle down instead of us.

Man, it's frustrating when someone comes across so arrogant and sarcastic thinking they are just too cool for school when they're really just displaying boneheaded ignorance.
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Old 11-01-2014, 08:17 PM
 
Location: New Orleans, La. USA
6,354 posts, read 3,664,755 times
Reputation: 2522
Quote:
Originally Posted by pnwmdk View Post
There is no such thing as "trickle down economics".

It is a nonsense name applied to a spurious idea.
According to Fox news and Rush radio "trickle down economics" does exist.

Fox's Bartiromo Defends Trickle-Down Economics: "The Bottom Line" Is "Business Creates Jobs" | Video | Media Matters for America

Trickle Down and the Wealth Gap - The Rush Limbaugh Show
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Old 11-01-2014, 08:21 PM
 
Location: New Orleans, La. USA
6,354 posts, read 3,664,755 times
Reputation: 2522
Quote:
Originally Posted by HappyTexan View Post
trickle down is working but globalism is sending that money to other countries.
How does trickle down economics work?

How does giving the rich and large corporations lower tax rates than everyone else, create jobs or improve the economy?
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Old 11-01-2014, 08:35 PM
 
7,846 posts, read 6,421,362 times
Reputation: 4025
Trickle down economics is just pure bull****.

The only trickling goes up to the 1%.
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Old 11-01-2014, 08:36 PM
 
2,777 posts, read 1,786,689 times
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Quote:
Originally Posted by kidkaos2 View Post
It does. It's trickling down to China and India. Just because you aren't seeing the effects of it, doesn't mean it isn't happening. Try using your head. Where do you think all the growth in China and India are coming from?

The growth of the third world and the offshoring problem is proof that trickle down economics does, in fact, work exactly as it is supposed to work.
Everyone already knows this. You are probably the only person on this thread who thinks that this is a major revelation.

Quote:
Originally Posted by kidkaos2 View Post
It's just that as usual idiot liberals are incompetent at running an economy and their policies are ensuring that it is other nations that are receiving the trickle down instead of us.
Which liberal policies are responsible for all of this work going to China and India, exactly? I mean, it couldn't possibly be that businesses prefer slave labor to honest labor. I mean, slavery is un-American! And yet, it continues to thrive in countries from which Americans buy their cheap goods.

If those liberals didn't keep getting in the way, we'd have more slavery in America so we could compete. But I guess that's what illegal immigrants are for.
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Old 11-01-2014, 08:41 PM
 
Location: Atlanta, Ga
2,490 posts, read 2,552,596 times
Reputation: 2057
Trickle down doesn't work. It might in a non-globalized economy, but all it does now is give corporations money and then they can send jobs over seas.
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Old 11-01-2014, 08:46 PM
 
46,374 posts, read 27,227,462 times
Reputation: 11149
I work for a person who has more money than me and willing to pay me a pretty damn good salary, because of that person DID make.....

How about you guys/people/man/women.....


How do you get paid, and why?
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Old 11-01-2014, 08:54 PM
 
Location: Central Nebraska
553 posts, read 597,549 times
Reputation: 569
Trickle down worked pretty good for 30 some years. What you should be asking is: why isn't Obamanomics working?
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Old 11-01-2014, 09:06 PM
 
Location: New Orleans, La. USA
6,354 posts, read 3,664,755 times
Reputation: 2522
Quote:
Originally Posted by Opin_Yunated View Post
Trickle down economics is just pure bull****.

The only trickling goes up to the 1%.
Republicans say giving the rich lower tax rates than everyone else creates jobs and improves the economy.

But in reality new high demand products, new markets, and consumers spending money (that's what creates jobs and economic growth.)

The rich use their trickle down tax cut money to buy new jet airplanes, buy mansions for their kids, and buy vacation homes in Europe.
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