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Old 08-22-2015, 08:09 PM
 
Location: Canada
5,878 posts, read 2,379,078 times
Reputation: 5335

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Quote:
Originally Posted by bmw335xi View Post
You should re-watch the Republican Primary debates in 2008 and 2012 or are you pulling a Sarah Palin when she says, "the lame stream media twisting my words by repeating them verbatim"
Trickle down has been part and parcel of ALL Political rhetoric since I was old enough to even tune in ( and I'm OLD) but the truth of the matter is it has never worked as intended back like 75 years ago..but all money and profits end up in shareholders, corporations or other such entities...It has nothing do with Jobs nor lower and middle class getting ahead..Government feeds those upper sorts..tax breaks for their accountants to take advantage of..of the type no regular folk could ever benefit..So It's really what's going on now..THUS folk like a Bernie Sander's is actually gaining traction..because the whole system is geared for those who can benefit..not regular folks!!

No body should ever suggest..that such a term doesn't exist..IF they insist just quickly do a Google Search and the term and rhetoric about it goes back half Century or longer!!
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Old 08-22-2015, 08:09 PM
 
69,372 posts, read 55,471,219 times
Reputation: 9363
Quote:
Originally Posted by bmw335xi View Post
You should re-watch the Republican Primary debates in 2008 and 2012 or are you pulling a Sarah Palin when she says, "the lame stream media twisting my words by repeating them verbatim"
Calling an economic theory "trickle down" during a debate no more makes it exist than the claim that ACA needed to be passed in order to insure every american...
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Old 08-22-2015, 08:11 PM
 
69,372 posts, read 55,471,219 times
Reputation: 9363
Quote:
Originally Posted by bmw335xi View Post
What we have is welfare for the top. How many CEOs who drove the company into the ground walked away with MILLIONS in severance pay? ALL OF THEM. This is very different from the small business owner who put all their money at risk and if their business fails, they go down with the ship, while their crew are able to swim away to another ship. When it comes to major corporations, we have CEOs who drive their company into the ground, gets bailed out by tax payers. We have other CEOs who do a horrible job to the point where they are fired after less than a year of work and still walk away with a multi-million dollar severance package.

There is a difference between the small business owner and the corporate CEO. The small business owner gets thrown under the bus, while the corporate CEO gets away with anything.
ALLOWING PEOPLE TO KEEP THEIR MONEY is NOT WELFARE...

no matter how many times you try to pretend it is..

ITS NOT..
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Old 08-22-2015, 08:12 PM
 
Location: US
17,915 posts, read 17,818,949 times
Reputation: 13930
Quote:
Originally Posted by pghquest View Post
ALLOWING PEOPLE TO KEEP THEIR MONEY is NOT WELFARE...

no matter how many times you try to pretend it is..

ITS NOT..
So bailing out CEOs who ran their company into the ground with TAX PAYER MONEY is not a form of welfare? These people were then awarded millions in bonuses.
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Old 08-22-2015, 08:34 PM
 
1,026 posts, read 387,031 times
Reputation: 1766
Quote:
Originally Posted by bmw335xi View Post
Trickle down economics is...
Trickle down economics is so '80s.

Who'd have thought Mr Obama would still be practicing trickle down economics in the 2010s?
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Old 08-22-2015, 08:36 PM
 
1,026 posts, read 387,031 times
Reputation: 1766
Quote:
Originally Posted by bmw335xi View Post
So bailing out CEOs who ran their company into the ground with TAX PAYER MONEY is not a form of welfare? These people were then awarded millions in bonuses.
Oh, like the CEOs of General Motors and Chrysler?
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Old 08-22-2015, 08:44 PM
 
Location: US
17,915 posts, read 17,818,949 times
Reputation: 13930
Quote:
Originally Posted by MacInTx View Post
Oh, like the CEOs of General Motors and Chrysler?
All of them that got bailed out by the government. That's the difference between a small business and a large corporation. The owner of a small business goes down with the ship. The CEO of a major corporation will get a multi-million dollar severance package if fired and if he/she drives it to the ground he/she will still make it out wealthy.
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Old 08-22-2015, 08:49 PM
 
337 posts, read 322,087 times
Reputation: 457
Bottom line, this country needs more wealth redistribution, protectionism and socialism and less of the failed pissss down economics of the past.
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Old 08-22-2015, 08:52 PM
 
Location: Canada
5,878 posts, read 2,379,078 times
Reputation: 5335
Quote:
Originally Posted by bmw335xi View Post
What we have is welfare for the top. How many CEOs who drove the company into the ground walked away with MILLIONS in severance pay? ALL OF THEM. This is very different from the small business owner who put all their money at risk and if their business fails, they go down with the ship, while their crew are able to swim away to another ship. When it comes to major corporations, we have CEOs who drive their company into the ground, gets bailed out by tax payers. We have other CEOs who do a horrible job to the point where they are fired after less than a year of work and still walk away with a multi-million dollar severance package.

There is a difference between the small business owner and the corporate CEO. The small business owner gets thrown under the bus, while the corporate CEO gets away with anything.
Carly Fiorina is a walking talking Presidential Candidate as a prime example!! She's still rich..even after spending many millions of dollars on her last political run ...Yikes..But will have to say..She is a typical CEO presenting a fabulous front answer questions..Just like that CEO explaining issues to stockholders prior to the hammer coming down finally!! Enron hurt millions of folks..workers, investors but those on the inside..were able to get out long before that axe fell..and able to avoid damages!!
With the ENRON debacles with many going to prison for their hand in such a scam! Course no one ( the regular folks) got compensated for their losses..

I just can't get out of my mind..Carly Florin reminds me far to much of that smooth talker who speaks with fork tongue type..I just can't believe her particular schtick!!
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Old 08-22-2015, 10:37 PM
 
69,372 posts, read 55,471,219 times
Reputation: 9363
Quote:
Originally Posted by bmw335xi View Post
So bailing out CEOs who ran their company into the ground with TAX PAYER MONEY is not a form of welfare? These people were then awarded millions in bonuses.
Which I NEVER supported.. I was one of the most vocal OPPONENTS to such a plan..

But their "bonuses" were NOT taxpayer dollars, they were "borrowed" and then paid back AT A PROFIT to the taxpayer..
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