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Breaking News: When rich people get a tax cut, or in this case a license to pollute, the savings don't trickle down, they call it profit and they collect it.
Do Trump lemmings really believe that pulling out of a climate deal is going to help the US economy?
Corporations will pollute because they can increase dividends. Everyday Americans will be poisoned ie WR Grace and working
taxpayers will foot their medical bills.
The only thing trickling down will be Mercury and sulfuric acid rain on our children so some fat cat can have a gold toilet.
What a win for the American People...not.
Go Leukemia!
When corporations make more money my 401K along with millions of other Americans 401K goes up.
Most of my wealth is due to trickle down economics. Thanks, Ronnie.
What you described is "trickle up" economics. New wealth is going to those who already have a fair bit of wealth, and many that have more wealth than they know what to do with. Poor people generally don't have sizable 401ks. They also generally lack the means to seek good opportunities in our modern economy, as they are regulated to the lowliest of jobs, or a meager handout.
This is a perfect recipe for stagnation at best. Or collapse of society at worst.
What you described is "trickle up" economics. New wealth is going to those who already have a fair bit of wealth, and many that have more wealth than they know what to do with. Poor people generally don't have sizable 401ks. They also generally lack the means to seek good opportunities in our modern economy, as they are regulated to the lowliest of jobs, or a meager handout.
This is a perfect recipe for stagnation at best. Or collapse of society at worst.
What jobs would you say many of these poor people have?
Breaking News: When rich people get a tax cut, or in this case a license to pollute, the savings don't trickle down, they call it profit and they collect it.
Do Trump lemmings really believe that pulling out of a climate deal is going to help the US economy?
Corporations will pollute because they can increase dividends. Everyday Americans will be poisoned ie WR Grace and working
taxpayers will foot their medical bills.
The only thing trickling down will be Mercury and sulfuric acid rain on our children so some fat cat can have a gold toilet.
What a win for the American People...not.
Go Leukemia!
Look, another liberal who has no clue how things work in the real world.
What you described is "trickle up" economics. New wealth is going to those who already have a fair bit of wealth, and many that have more wealth than they know what to do with. Poor people generally don't have sizable 401ks. They also generally lack the means to seek good opportunities in our modern economy, as they are regulated to the lowliest of jobs, or a meager handout.
This is a perfect recipe for stagnation at best. Or collapse of society at worst.
Dude, trickle down is not to make everyone poorer, but to make everyone, rich and poor, richer!
If you think trickle down is somehow to transfer the wealth from the rich to the poor, that's called communism or American liberalism.
Trickle down to me means when the rich spend some of their money and the average Joe benefits.
Case in point when I lived on an island it survived by the tourist trade and the wealthy bringing their boats in and building houses. There was one compound that took years to build and it employed many people from all the trades and they didn't work cheap. The supplies for the buildings came from off island and that meant truck drivers and the ferry crew stayed busy.
During the recession rich folk slowed their spending and the workers suffered.
Trickle down works. it is the basis of capitalism.
Now pulling out of the climate deal is questionable but so is reducing the reach and red tape of the EPA.
There has to be a balance of progress and preservation and there will be except to the alarmists who only see things in black and white.
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