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Old 02-12-2015, 07:37 PM
 
4,213 posts, read 8,309,577 times
Reputation: 2680

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Quote:
Originally Posted by Tulemutt View Post
Lmao Hilarious!
1) Friedman is very widely discredited. That is not opinion.

2) the 80's were prosperous for reasons other than Trickle Down, and, most importantly, at the expense of our economy's subsequent devolution.

3) you're the one who used the Nobel Prize as a benchmark. Now you "agree" it is meaningless. OK

4) I never quoted Krugman. I used him and Obama as examples of controversial Nobel's.

5) I don't care if you quote from a communist newspaper. One single article does not a proof make. Especially when the article doesn't draw any conclusion. You keep overlooking that. Your one solitary link isn't investigative in nature in the slightest. It is "filler journalism". It raises questions on a topic. And does so to fill space by selling controversial counterpoint that sells for-profit media to readers. And, one more time: it didn't even draw a conclusion to support your position. So I don't know why you even used it.

Now then, the wealthy have more money. Yeppers. Do you see it "trickling down" into the economy? Because nobody else does. The wealthy now own a greater share of world wealth than ever in history since Feudal times. But they are a VERY small percentage of the population. So no, the amount of that wealth that actually is spent back into the economy is minuscule.

The rich are choking the entire economy, including themselves. They are killing the goose that laid the golden eggs. The money is NOT recirculating. And that is a fact that no one denies. Except I guess you. Certainly no economists deny it. In fact, economists on the right are now raising red flags about the issues just as has the left.

And finally, my facts aren't skewed left or right. I am not socialist or even a democrat. I am a-political. A logician. Ideologies are for lazy intellects.
1. No

2. Arguable, but no.

3. I didn't say it's meaningless, it's just not an end all.

5. I'd rather have one mainstream article than your radical blogs.

Wealth: Here in Los Angeles, the wealthy creates hundreds of thousands of jobs in restaurants, stores, car dealerships, investment office, etc.

The more you post, the more delusional and out of touch you sound. Enjoy being locked up in your Ivory tower.
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Old 02-12-2015, 07:39 PM
 
10,097 posts, read 10,015,571 times
Reputation: 5225
Isn't the biggest employer the city of LA?
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Old 02-12-2015, 08:09 PM
 
Location: On the water.
21,741 posts, read 16,361,136 times
Reputation: 19831
Quote:
Originally Posted by disgruntled la native View Post
1. No

2. Arguable, but no.

3. I didn't say it's meaningless, it's just not an end all.

5. I'd rather have one mainstream article than your radical blogs.

Wealth: Here in Los Angeles, the wealthy creates hundreds of thousands of jobs in restaurants, stores, car dealerships, investment office, etc.

The more you post, the more delusional and out of touch you sound. Enjoy being locked up in your Ivory tower.
The funny thing about delusional is you cling to your notions and hero without even bothering to research them. I haven't posted any radical blogs. And you still are resting your entire argument on one article that doesn't prove your point in the slightest.

But, just for fun, here, if you want a selection of media bombs:
The Origin Of 'The World's Dumbest Idea': Milton Friedman - Forbes

Addicting Info – JP Morgan Admits Trickle Down Economics Has Completely Failed

Quote:
Today the president delivers a major economic address at Knox College in Galesburg, Illinois against a background of a growing consensus among economists throughout the world that the GOP's brand of "trickledown" economics is a complete failure wherever it is tried.
Evidence Is In -- Again -- GOP 'Trickledown' Economics a Failure*|*Robert Creamer
Trickle-Down Economics: Four Reasons Why It Just Doesn't Work | United for a Fair Economy

Trickle-down economics is the greatest broken promise of our lifetime | Alex Andreou | Comment is free | The Guardian

7 Charts Show What Free Market Economics Have Really Brought on America - Mic

The wealth that failed to trickle down: The rich do get richer while poor stay poor, report suggests - Business Analysis & Features - Business - The Independent

The Epic Failure Of Republican Trickle Down Economics | Crooks and Liars

I can bury you in links that dismantle the myth of Trickle Down, if you'd like. Including from conservative sources (such as Forbes, above).
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Old 02-12-2015, 08:39 PM
 
10,097 posts, read 10,015,571 times
Reputation: 5225
The word has been out for a while on trickle down economics. It's just that it's the de facto ideology of the establishment.
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Old 02-12-2015, 08:55 PM
 
Location: Los Angeles
1,235 posts, read 1,770,349 times
Reputation: 1558
Quote:
Originally Posted by disgruntled la native View Post

2 - It didn't fail. The 80s were prosperous.
The 80's were prosperous with the help of a national credit card (budget deficit) and the defense build up. The 1990's were far more prosperous in every category GDP, job creation and median incomes. Yet the 90's boom was preceded by Clinton's tax increase on the wealthy in 1993.

Supply-economics (or trickle down economics) was appropriately referred to as "voodoo economics" by George Bush, Senior in 1980. We get it. You grew up a sheltered boy in West LA and are sipping from the kool aid of the 1% who feed you.
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Old 02-12-2015, 09:19 PM
 
4,213 posts, read 8,309,577 times
Reputation: 2680
Quote:
Originally Posted by Tulemutt View Post
The funny thing about delusional is you cling to your notions and hero without even bothering to research them. I haven't posted any radical blogs. And you still are resting your entire argument on one article that doesn't prove your point in the slightest.

But, just for fun, here, if you want a selection of media bombs:
The Origin Of 'The World's Dumbest Idea': Milton Friedman - Forbes

Addicting Info – JP Morgan Admits Trickle Down Economics Has Completely Failed



Trickle-Down Economics: Four Reasons Why It Just Doesn't Work | United for a Fair Economy

Trickle-down economics is the greatest broken promise of our lifetime | Alex Andreou | Comment is free | The Guardian

7 Charts Show What Free Market Economics Have Really Brought on America - Mic

The wealth that failed to trickle down: The rich do get richer while poor stay poor, report suggests - Business Analysis & Features - Business - The Independent

The Epic Failure Of Republican Trickle Down Economics | Crooks and Liars

I can bury you in links that dismantle the myth of Trickle Down, if you'd like. Including from conservative sources (such as Forbes, above).
Radical papers.. The Guardian, really? Might as well quote Pravda. Then a bunch of blogs. Quote me The Telegraph, the national post, the new york post. That's real journalism.
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Old 02-12-2015, 09:20 PM
 
4,213 posts, read 8,309,577 times
Reputation: 2680
Quote:
Originally Posted by StreetLegal View Post
The 80's were prosperous with the help of a national credit card (budget deficit) and the defense build up. The 1990's were far more prosperous in every category GDP, job creation and median incomes. Yet the 90's boom was preceded by Clinton's tax increase on the wealthy in 1993.

Supply-economics (or trickle down economics) was appropriately referred to as "voodoo economics" by George Bush, Senior in 1980. We get it. You grew up a sheltered boy in West LA and are sipping from the kool aid of the 1% who feed you.
I'm not even a republican. i'm to the left of you probably. and a WASP is always the most sheltered and privileged person in society. a poor WASP is more privileged than a millionaire african american. so check yo privilege
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Old 02-12-2015, 09:23 PM
 
Location: West Hollywood
3,190 posts, read 3,186,672 times
Reputation: 5262
Just ignore disgruntled. He's a troll. He attacks me for being rich and thinks I should give all of my money to poor people but now he thinks that trickle down economics is awesome and rich people are the bestest.
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Old 02-12-2015, 09:50 PM
 
Location: On the water.
21,741 posts, read 16,361,136 times
Reputation: 19831
Quote:
Originally Posted by disgruntled la native View Post
Radical papers.. The Guardian, really? Might as well quote Pravda. Then a bunch of blogs. Quote me The Telegraph, the national post, the new york post. That's real journalism.
Lmao I said I can link you to ALL kinds of journals - from left to right - and I did. You gonna tell us Forbes is radical Left? Ahahahahahahaha

And the New York Post is journalism? Who knew? ahahahahahaha.

I know you didn't even bother to read any of the links for accuracy of information and sources. Bubba, I even read FOX News on certain topics. The difference between me and you is I know how to spot and verify accurate reporting and information sourcing. Even Pravda and FOX provide truth at times. You just gotta be smart enough to recognize when.
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Old 02-12-2015, 11:40 PM
 
Location: Los Angeles
1,235 posts, read 1,770,349 times
Reputation: 1558
Quote:
Originally Posted by disgruntled la native View Post
I'm not even a republican. i'm to the left of you probably. and a WASP is always the most sheltered and privileged person in society. a poor WASP is more privileged than a millionaire african american. so check yo privilege
I never called you a Republican. You are to the left of me but you are peddling trickle-down economics? Yep, makes a lot of sense.

Don't care what you label yourself. You don't believe anything you are posting. You just say stuff to ruffle feathers...you are a Class A troll. Your shtick is getting old.


Quote:
Originally Posted by disgruntled la native View Post
a WASP is always the most sheltered and privileged person in society. a poor WASP is more privileged than a millionaire african american. so check yo privilege
You grew up in the Palisades, attended elite prep schools and UCLA. Life sure was rough for you.
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