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Ah, so trickle down works for evil greedy Democrats also?
Oh the irony.
Except "trickle-down" economics implies giving "tax breaks" to corporations and the wealthy.
Obama's economic plan goes against "trickle-down" ... and yet the stock market continued to rise to all-time highs ... and the middle-class watched their retirement funds rise as well!
Obama's 'Middle Out' Argument Against Trickle-Down Economics
The president mentioned the middle class 28 times and promised to fight for “an economy that grows from the middle out, not the top down.”Obama’s lengthy sales pitch, kicking off a series of speeches on the economy, challenged the perception that Democrats are bleeding hearts who don’t care about growth. “This growing inequality isn’t just morally wrong, it’s bad economics,” Obama said, arguing that policies that help the middle class, such as bolstering manufacturing, rebuilding infrastructure, and making education affordable, simply work better than trickle-down ones like tax cuts.
Status:
"College baseball this weekend."
(set 5 days ago)
Location: Suburban Dallas
52,684 posts, read 47,937,079 times
Reputation: 33840
Obama has absolutely nothing to do with the stock market rising. Things just happen to be going well for stockholders, but that doesn't do squat for the 90-plus million Americans who've dropped out of the labor force and haven't found work. Wall Street's just at a high right now. That's just one of the few good things you can point to regarding our nation's still-shaky economy.
Another super bubble created by printing borrowed money by the fed , backed by our government . That 80 billion a month the government is giving to the big banks indefinitely to bail them out has the banks investing to make money in the stock market.. big big bubble.. the banks are trying to recoup the money they lost with millions of bad loans in the mortgage industry.
this is absolutely right. all we have done is trade one bubble for another, and when this one pops, we had best be ready. anyone with money in the stock markets keep a CLOSE EYE on any negative signs and get out as quickly as possible when you start seeing them. when this bubble pops, it is going to be very very bad people.
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Getting closer ...
