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Old 08-10-2016, 07:43 AM
 
Location: Home, Home on the Front Range
25,826 posts, read 20,700,795 times
Reputation: 14818

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Quote:
Originally Posted by BirchBarlow View Post
Time and again you all tell us that trickle-down economics doesn't work and that a 39.5% take is too little. You all support the government's use of deadly force to confiscate as much wealth from the citizenry as possible, at least as much as possible without provoking violent resistance from the taxpayers. My question to you is this... since you all profess hatred of trickle-down economics is it a fair assumption that you don't participate?

When you file your income taxes, I assume you don't take any exemptions, because after all, trickle-down economics doesn't work.

When you purchase a sale item from a retailer, I assume you pay full list price and not a cent less, because after all, trickle-down economics doesn't work.

I assume you never use coupons for purchases because trickle-down doesn't work.

When you need to fill your car up with gas I assume you go to the station with the highest price seeing as trickle-down economics doesn't work.

When you go to buy a new car, I assume you pay sticker price and not a cent less, because after all, trickle-down economics doesn't work.

How about when your boss calls you into his office for your annual performance, tells you what a valuable employee you are and offers you a handsome raise? I assume you tell him to take that raise and stick it where the sun don't shine because after all, trickle down economics doesn't work.
"My question to you is this... since you all profess hatred of trickle-down economics is it a fair assumption that you don't participate?"

This is not a serious question.
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Old 08-10-2016, 07:53 AM
 
Location: Georgia
3,987 posts, read 2,111,663 times
Reputation: 3111
Did you mean frogs instead of progs?!
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Old 08-10-2016, 07:55 AM
 
79,907 posts, read 44,191,640 times
Reputation: 17209
Quote:
Originally Posted by FatBob96 View Post
A strong work ethic is a necessary component of a capitalism based economy.

A strong work ethic is necessary for Trickle Down to work.

That's why the Left thinks it doesn't work, they've been brainwashed into believing that they shouldn't have to work for what they want or need in life. The entitlement mentality has become so engrained into the left's thought process that they actually believe that "rich people are hoarding all the money" ...as if wealth is finite.

Aside from instances of genuine theft, no one in America is poor because others are rich.
Shipping jobs overseas is not conducive of a strong work ethic here.
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Old 08-10-2016, 07:58 AM
 
79,907 posts, read 44,191,640 times
Reputation: 17209
Quote:
Originally Posted by OICU812 View Post
That is crony capitalism, it is not capitalism.

The democrats and liberal repubs live and die for the power and influence that crony capitalism gives them.
I believe I called it socialism.
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Old 08-10-2016, 07:59 AM
 
79,907 posts, read 44,191,640 times
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Quote:
Originally Posted by dsjj251 View Post
Another word that no one actually agrees on the definition of.


Bailouts operate outside of the economic system itself, and without it, more jobs and companies would have been gone.
Vacuums are always filled. If one company goes out of business another will take up the slack.
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Old 08-10-2016, 08:30 AM
 
20,718 posts, read 19,360,295 times
Reputation: 8288
Quote:
Originally Posted by lifeexplorer View Post
Where do you keep your money? Unless it's under your mattress or buried in your yard, you are investing even when you leave the cash in the bank, and you are trickling down.

You just keep doubling down on witless babble. Was the housing bubble "savings" and "capital"? No it was bloated crap that raised the cost of living. Wealthy people often take their money to bribe politicians and pass laws that benefit them. Is the mob "investing" their money? Most of these things of course directly involve da guberment. People "invest" in patents that is nothing but a government umbrella of protection. They are often used , not to spur industry, but to create a litigation minefields for small business.



You are a dangerously naive young republican. Not only do you not understand basic concepts in direct conflict with the founder of sound markets in Adam Smith, you re-brand a specific concepts in to babbling nonsense. Trickle down is not trade. Its specifically the idea that the rich inherently invest in industrial capital because current economic model pretend rentierism, and monopoly doesn't exist. Certainly there are wealthy people that fund capital, just like their are blue bloods that do nothing but collect income.
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Old 08-10-2016, 08:51 AM
 
20,718 posts, read 19,360,295 times
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Quote:
Originally Posted by lifeexplorer View Post
Please explain how trickle down works.

I did. The theory is that lowing taxes on the rich will spur economic growth because they will invest in industrial capital. The flaw is the ignorance of economic rent and monopoly where the wealthy will often put their money. Of course not too long ago it was dumped in real estate speculation which jacked up prices and inflation, after which they begged da guberment to bail them out. Yeah, that was a real trick. Years later their agents are still at work with QE. Yeah lets use our money to bribe politicians and get them to buy our securities when no one else will....
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Old 08-10-2016, 08:55 AM
 
20,718 posts, read 19,360,295 times
Reputation: 8288
Quote:
Originally Posted by pknopp View Post
Vacuums are always filled. If one company goes out of business another will take up the slack.

That is besides the fact that bankruptcy often just clears up the liability. No one is shutting down a business that creates positive cash flow.

SUNE is bankrupt. Did its real assets go poof? meanwhile the lefties...or I mean on the "right" in this case want welfare wrapped in a security.


D.E. Shaw Affiliate Agrees to Buy SunEdison Project for $80 Million - Fortune
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Old 08-10-2016, 08:59 AM
 
79,907 posts, read 44,191,640 times
Reputation: 17209
Quote:
Originally Posted by gwynedd1 View Post
That is besides the fact that bankruptcy often just clears up the liability. No one is shutting down a business that creates positive cash flow.

SUNE is bankrupt. Did its real assets go poof? meanwhile the lefties...or I mean on the "right" in this case want welfare wrapped in a security.


D.E. Shaw Affiliate Agrees to Buy SunEdison Project for $80 Million - Fortune
Sure. Many of those that we are fear mongered into believing would go out of business never would have at that. I agree with that.
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Old 08-10-2016, 09:05 AM
 
20,718 posts, read 19,360,295 times
Reputation: 8288
Quote:
Originally Posted by pknopp View Post
No it has not.......Trickle down is NOT simply one thing unlike how so many (you) want to portray it. Trickle down does not work when the government employs it. All the government can do is take from one to give to another. If they give a tax break someone else is going to have to pay for that at some point. As I've pointed out many times Q.E. was claimed to be a trickle down program but it failed miserably. Truthfully it's not even Trickle Down, it's Trickle up which is even worse.

Now Trickle down has worked in cases like Microsoft. Yes, Bill Gates has gotten incredibly rich off his company but many, many, many, many others have done very well down the line also. From wages, to those who have used his products to make their lives better, many have seen the rewards. Could Gates see that even more benefit? I suppose one could argue that but it doesn't discount the idea that it has worked.

Giving tax breaks to Microsoft doesn't work.

Why even suggest a company like Microsoft does not entirely depend upon da guberment? Everyone , who wanted it that is because I surely don't, could buy their software suite for $5 on a DVD on the street with out da guberment. How would a real estate trust work without da guberment chasing away land squatters? If you say all da guberment does is give money from one to another then Bill's fortune is a very curious thing indeed. All da guberment is is centralized planning. Sometimes it works better than competition , some times it doesn't because without it crab fisheries would have been wipe out long ago. The problem with lefties and socialist is they think central planning, their central planning is best. The problem with those on the right is they think patent laws, copy right laws, trusts , deeds , court houses, police and military is a god's gift to them and they should receive it nearly tax free. Both left and the right is full of blow hard, arrogant leaches.
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