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Old 09-18-2013, 10:31 PM
 
Location: None of your business
5,466 posts, read 4,421,842 times
Reputation: 1179

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Quote:
Originally Posted by shooting4life View Post
Like I always say, we do not have a tax problem, we have a spending problem.
There is only one solution to this financial mess: a significant reduction in spending and responsible leaders who can manage to a budget. As every economist knows, there is no free lunch.
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Old 09-18-2013, 10:37 PM
 
Location: The Republic of Texas
78,863 posts, read 46,611,558 times
Reputation: 18521
Too funny!


Blasting trickle down economics, as the nation is now trickle up economics and much worse off.
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Old 09-19-2013, 06:58 AM
 
Location: 500 miles from home
33,942 posts, read 22,520,724 times
Reputation: 25816
Quote:
Originally Posted by BentBow View Post
Too funny!


Blasting trickle down economics, as the nation is now trickle up economics and much worse off.
Trickle down economics is actually trickle UP economics. That's why we don't like it.
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Old 09-19-2013, 07:03 AM
 
Location: Great State of Texas
86,052 posts, read 84,464,288 times
Reputation: 27720
The trickle down is not applicable today. We are now global. Companies making profits in Asia are going to reinvest in Asia, not the US. Companies are expanding in emerging nations, not the US.

That "trickle down" is happening in other countries.
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Old 09-19-2013, 07:32 AM
 
9,855 posts, read 15,203,236 times
Reputation: 5481
Quote:
Originally Posted by HappyTexan View Post
The trickle down is not applicable today. We are now global. Companies making profits in Asia are going to reinvest in Asia, not the US. Companies are expanding in emerging nations, not the US.

That "trickle down" is happening in other countries.
Actually given the rise of cheaper energy in the US coupled with rising wage costs in emerging markets, we expect to see somewhat of a manufacturing renaissance in the US in the coming decade.
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Old 09-19-2013, 08:03 AM
 
350 posts, read 709,833 times
Reputation: 502
Quote:
Originally Posted by TheHurricaneKid View Post
The collective of the middle class must be more greedy than the collective of the CEOs.


Free market forces are just the people's desire for money.
Sounds like you want more money.
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