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Old 03-07-2017, 09:04 AM
 
11,610 posts, read 10,450,165 times
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Interesting historical perspective on the issue from the Richmond Times-Dispatch:

<<They managed this con job partly with a propaganda technique that will be familiar to modern Americans, but hasn’t received the coverage it deserves in our sesquicentennial celebrations. Starting in the 1840s wealthy Southerners supported more than 30 regional pro-slavery magazines, many pamphlets, newspapers and novels that falsely touted slave ownership as having benefits that would – in today’s lingo – trickle down to benefit non-slave owning whites and even blacks. The flip side of the coin of this old-is-new trickle-down propaganda is the mistaken notion that any gain by blacks in wages, schools or health care comes at the expense of the white working class.

Today’s version of this con job no longer supports slavery, but still works in the South and thrives in pro trickle-down think tanks, magazines, newspapers, talk radio and TV news shows such as the Cato Foundation, Reason magazine, Rush Limbaugh and Fox News. These sources are underwritten by pro trickle-down one-per-centers like the Koch brothers and Rupert Murdoch.


For example, a map of states that didn’t expand Medicaid – which would actually be a boon mostly to poor whites – resembles a map of the old Confederacy with a few other poor, rural states thrown in. Another indication that this divisive propaganda works on Southern whites came in 2012. Romney and Obama evenly split the white working class in the West, Midwest and Northeast. But in the South we went 2-1 for Romney.>>

The Confederacy was a con job on whites. And still is. | McClatchy DC

This essay was featured on yahoo.com today.
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Old 03-07-2017, 09:17 AM
 
79,907 posts, read 44,241,574 times
Reputation: 17209
Quantitative Easing was the largest failed trickle down program ever enacted.
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Old 03-07-2017, 09:19 AM
 
Location: On a Long Island in NY
7,800 posts, read 10,112,372 times
Reputation: 7366
Quote:
Originally Posted by WRnative View Post
Interesting historical perspective on the issue from the Richmond Times-Dispatch:

<<They managed this con job partly with a propaganda technique that will be familiar to modern Americans, but hasn’t received the coverage it deserves in our sesquicentennial celebrations. Starting in the 1840s wealthy Southerners supported more than 30 regional pro-slavery magazines, many pamphlets, newspapers and novels that falsely touted slave ownership as having benefits that would – in today’s lingo – trickle down to benefit non-slave owning whites and even blacks. The flip side of the coin of this old-is-new trickle-down propaganda is the mistaken notion that any gain by blacks in wages, schools or health care comes at the expense of the white working class.

Today’s version of this con job no longer supports slavery, but still works in the South and thrives in pro trickle-down think tanks, magazines, newspapers, talk radio and TV news shows such as the Cato Foundation, Reason magazine, Rush Limbaugh and Fox News. These sources are underwritten by pro trickle-down one-per-centers like the Koch brothers and Rupert Murdoch.


For example, a map of states that didn’t expand Medicaid – which would actually be a boon mostly to poor whites – resembles a map of the old Confederacy with a few other poor, rural states thrown in. Another indication that this divisive propaganda works on Southern whites came in 2012. Romney and Obama evenly split the white working class in the West, Midwest and Northeast. But in the South we went 2-1 for Romney.>>

The Confederacy was a con job on whites. And still is. | McClatchy DC

This essay was featured on yahoo.com today.
The old GOP strategy: Tell the White working class that it's the immigrants, Muslims, Hispanics, Blacks, etc that are responsible for their woes. Meanwhile, the Wall Street bankers are laughing while they empty the vaults.
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Old 03-07-2017, 09:45 AM
 
5,252 posts, read 4,680,678 times
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The truly sad thing about American politics is the fact of the two parties being essentially the same. Slaves to money and power, that was the original fear of the founders with regard to expanding on the democracy beyond the realm of the learned men. We see the scrapping over who was worse, Obama or Trump, but in the end the smart people will see that neither cares about the largest constituency in America. No, they merely serve the few at the top.

All of the financial meanderings of the Bush, Clinton, Obama, and now Trump administrations have taken our money and given it to the wealthy, you'd think the fact of that would somehow trickle down, but it doesn't. The whole world is watching as America destroys itself in a politically polarized frenzy of hate---and the rich sip their cocktails, secure in their knowledge that their propaganda does indeed bring interesting results.
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Old 03-07-2017, 09:50 AM
 
Location: north central Ohio
8,665 posts, read 5,851,378 times
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Wasn't the asinine "Trickle-Down" theory, AKA Ronald Reagan's "Voodoo Economics" ?
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Old 03-07-2017, 09:51 AM
 
79,907 posts, read 44,241,574 times
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Originally Posted by i_love_autumn View Post
Wasn't the asinine "Trickle-Down" theory, AKA Ronald Reagan's "Voodoo Economics" ?
And it's been practiced by every president since.
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Old 03-07-2017, 09:55 AM
 
26,694 posts, read 14,576,036 times
Reputation: 8094
Quote:
Originally Posted by WRnative View Post
Interesting historical perspective on the issue from the Richmond Times-Dispatch:

<<They managed this con job partly with a propaganda technique that will be familiar to modern Americans, but hasn’t received the coverage it deserves in our sesquicentennial celebrations. Starting in the 1840s wealthy Southerners supported more than 30 regional pro-slavery magazines, many pamphlets, newspapers and novels that falsely touted slave ownership as having benefits that would – in today’s lingo – trickle down to benefit non-slave owning whites and even blacks. The flip side of the coin of this old-is-new trickle-down propaganda is the mistaken notion that any gain by blacks in wages, schools or health care comes at the expense of the white working class.

Today’s version of this con job no longer supports slavery, but still works in the South and thrives in pro trickle-down think tanks, magazines, newspapers, talk radio and TV news shows such as the Cato Foundation, Reason magazine, Rush Limbaugh and Fox News. These sources are underwritten by pro trickle-down one-per-centers like the Koch brothers and Rupert Murdoch.


For example, a map of states that didn’t expand Medicaid – which would actually be a boon mostly to poor whites – resembles a map of the old Confederacy with a few other poor, rural states thrown in. Another indication that this divisive propaganda works on Southern whites came in 2012. Romney and Obama evenly split the white working class in the West, Midwest and Northeast. But in the South we went 2-1 for Romney.>>

The Confederacy was a con job on whites. And still is. | McClatchy DC

This essay was featured on yahoo.com today.
Trickle down is how the basic economy works.
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Old 03-07-2017, 09:55 AM
 
46,973 posts, read 26,018,521 times
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Quote:
Originally Posted by lifeexplorer View Post
Trickle down is how the basic economy works.
Ehm - nope?
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Old 03-07-2017, 09:57 AM
 
79,907 posts, read 44,241,574 times
Reputation: 17209
Quote:
Originally Posted by Dane_in_LA View Post
Ehm - nope?
Technically Quantitative Easing was trickle up.
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Old 03-07-2017, 09:58 AM
 
34,619 posts, read 21,631,426 times
Reputation: 22232
Quote:
Originally Posted by Dane_in_LA View Post
Ehm - nope?
Trickle down in the general capitalist system or government taxation schemes?
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