Conservative's 'trickle down theory' is dead wrong according to study

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TheSlamma

Diamond Member
Sep 6, 2005
7,625
5
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So when you said more QE would cause our currency to be like toilet paper you were being moderate and when I pointed out that isn't likely to be true given past evidence I was being extreme?
You didn't read the "Context" definition.
 

dank69

Lifer
Oct 6, 2009
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You didn't read the "Context" definition.
Nice try:

The Repukelicans:

1: Allowing outsourcing to every country that doesn't have human rights is okay then selling those products back to countries that have laws against those lack of rights giving that country an unfair advantage.
2: Environment doesn't matter, only profit.
3: Social issues like gay marriage
4: Useless drug wars
5: Free market where corporations are "people" who cannot serve prison time and no one goes to jail for fraud.
6: Wars with countries that couldn't even invade the Appalachian mountains with a handful of guys from the local militia, but trying to convince us they might take away our "freedom"

The Democrooks:

1: Tax and spend to the point we have no financial legs to stand on, QE that just inflates our money into toilet paper and interest rates that make a savings account useless to have.
2: Entitlement programs for people who do not reciprocate anything back into our system.
3: Environmental policies that actually hurt the planet more in the long run. (example: Energy Star appliances that take 3 cycles to do what only took 1 before thus using more energy in the long run)
4: Free services/licenses to illegal aliens instead of making them legal so they have to participate in the same laws and taxes we all are in.
5: Unquestioningly handing over more power to the government as if they are there to help and take care of you.


I can go on, but now it's your turn to answer my question,. problem is you simply can't, you are a partisan hack and it's impossible for you to imagine people who are not on one side or the other. you have no idea what a moderate really is.
Nothing in your post implies that anything other than QE causes so much inflation as to render our money equivalent to toilet paper.
 

TheSlamma

Diamond Member
Sep 6, 2005
7,625
5
81
Nice try:

Nothing in your post implies that anything other than QE causes so much inflation as to render our money equivalent to toilet paper.
What was I asked in post 97

So since you seem hell bent on me being "insane", does that mean all the fears I listed about Republican control is also unfounded? So I guess I better vote republican according to you?
 
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dank69

Lifer
Oct 6, 2009
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What was I asked in post 97
How about you just admit you posted something unsupported by evidence instead of squirming around? What is the difference if you think QE will produce hyperinflation or if you fear QE will produce hyperinflation. Regardless of whether or not there is any significant difference, your post clearly says there is a direct cause-effect relationship between QE and hyperinflation, which isn't supported by reality.

So since you seem hell bent on me being "insane", does that mean all the fears I listed about Republican control is also unfounded? So I guess I better vote republican according to you?
More squirming. An attack on one portion of you post does not render the entire post invalid. That would be a logical fallacy. You want to stop now and admit your error or just continue digging?
 

TheSlamma

Diamond Member
Sep 6, 2005
7,625
5
81
How about you just admit you posted something unsupported by evidence instead of squirming around? What is the difference if you think QE will produce hyperinflation or if you fear QE will produce hyperinflation. Regardless of whether or not there is any significant difference, your post clearly says there is a direct cause-effect relationship between QE and hyperinflation, which isn't supported by reality.
One is stated as matter of fact, the other is a concern that stresses caution.

Your OWN words stated that QE is used to cause inflation (counter deflation). So you are telling me it's a ZERO percent chance because of a QE run from 2009-2014 that in the forever future of the US, QE hasn't and can NEVER cause Hyper-inflation not at all possible no way no chance? Is that the set in stone statement you are giving?
 

fskimospy

Elite Member
Mar 10, 2006
88,056
55,549
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Nice try:

Nothing in your post implies that anything other than QE causes so much inflation as to render our money equivalent to toilet paper.

Not to mention that the chairman of the Fed while it engaged in QE was Ben Bernanke, who is not only personally a Republican but was originally nominated by a Republican. If you have a problem with QE it would seem to me that you would want to blame the Republicans, not the Democrats.

I personally support QE, but it's an odd accusation to make that a policy implemented by a Republican appointee originally from a Republican administration is the fault of Democrats.
 
Feb 4, 2009
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QE does appear to have accomplished what it was meant to do. Staved off deflation it would be fair to say it extended the down turn by spreading the pain out over a long period where as letting banks fail would be very sharp pain that might have ended sooner.
 

dank69

Lifer
Oct 6, 2009
37,444
33,145
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One is stated as matter of fact, the other is a concern that stresses caution.
So you are going to stick to the absurd claim that you weren't stating that you were fearful that Dems would implement these policies, one of which was more QE, and instead that you were stating that you were fearful that more QE would cause hyperinflation? Even though you actually wrote that "QE inflates our money into toilet paper" which is a direct claim to cause and effect?

Your OWN words stated that QE is used to cause inflation (counter deflation). So you are telling me it's a ZERO percent chance because of a QE run from 2009-2014 that in the forever future of the US, QE hasn't and can NEVER cause Hyper-inflation not at all possible no way no chance? Is that the set in stone statement you are giving?
Another fallacy from you, I guess you've decided to keep digging then. I never said there is a zero percent chance of anything. That is called a straw man which you've built because you can't attack my actual argument. You are trying to pretend I'm the one who has to defend a position in order to divert from your actual stated position that you cannot defend.
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,685
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QE does appear to have accomplished what it was meant to do. Staved off deflation it would be fair to say it extended the down turn by spreading the pain out over a long period where as letting banks fail would be very sharp pain that might have ended sooner.

It's not like the pain ended any sooner in the 30's after 40% deflation. It just hugely amplified the difference between the haves & the have nots. Deflation is lethal to a credit based economy. There's little point in taking the risk of lending when your money gains value stuffed into your mattress. There's little point in paying decent wages, either, when people will work for crusts of bread.

Show 'em a good time on the way up, then give 'em the shaft when it all falls down.
 

Fern

Elite Member
Sep 30, 2003
26,907
174
106
There is zero correlation between the top marginal tax rate and economic growth. None.
-snip-

False statement and Lib talking point.

Enact confiscatory tax rates and you'll see the relationship with economic growth.

Fern
 

JSt0rm

Lifer
Sep 5, 2000
27,399
3,948
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So when you said more QE would cause our currency to be like toilet paper you were being moderate and when I pointed out that isn't likely to be true given past evidence I was being extreme?


He thinks everyone else is extreme and he is a moderate. The guy is lost at sea.
 

TheSlamma

Diamond Member
Sep 6, 2005
7,625
5
81
So you are going to stick to the absurd claim that you weren't stating that you were fearful that Dems would implement these policies,
Actually I stated the contrary, in fact I fear BOTH of your parties PERIOD

If this current economy were to take a downturn/correction I hope the government doesn't go running to the fed each time asking them to print off more money or buy a bunch of bonds.

one of which was more QE, and instead that you were stating that you were fearful that more QE would cause hyperinflation?
Yes I do fear too much QE could eventually lead to hyper-inflation, it's called an opinion.

Even though you actually wrote that "QE inflates our money into toilet paper" which is a direct claim to cause and effect?
You are picking and choosing between if I made this statement it already happened in past tense or if it's something I think the Dems would do if given the chance. Statement it happened already is incorrect, fear of it being a possibility is correct.

I never said there is a zero percent chance of anything.
Well.. how about that. Does this mean I can hope for a moderate use of printing off money? tax and spend practices? environmentally friendly policies that actually destroy our planet cause of piss poor politicians that have no understanding of how anything works? or do I have to just register as a Democrat so you will accept my opinions?
 

TheSlamma

Diamond Member
Sep 6, 2005
7,625
5
81
He thinks everyone else is extreme and he is a moderate. The guy is lost at sea.
And all you can continue to come back with is how lost I am, or how far out there. Zero facts as per usual.

Typical Democrat, wave the flag of sexual and racial tolerance, but then intolerant to anyone that doesn't agree with them on any of their "issues"
 
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Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,685
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It comes back to Bernie Sanders remark about 99% of growth since 2008 has gone to the top 1%.

Anybody who thinks that cutting their taxes will make that better isn't really thinking.

Raising their taxes probably will work, because the govt will hire more people & spend more money. We don't need growth at the top- they have plenty- what we need is growth everywhere else & the hoarding bitches won't give it up w/o a fight.
 

TheSlamma

Diamond Member
Sep 6, 2005
7,625
5
81
It comes back to Bernie Sanders remark about 99% of growth since 2008 has gone to the top 1%.

Anybody who thinks that cutting their taxes will make that better isn't really thinking.

Raising their taxes probably will work, because the govt will hire more people & spend more money. We don't need growth at the top- they have plenty- what we need is growth everywhere else & the hoarding bitches won't give it up w/o a fight.
Dems won't get someone like Sanders past the primaries though :( Just like Kucinich he'll be considered too "Far out there" Here comes more of the same Hillary. Wonder if she will get Obamas old seat at Brian Roberts house?
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,685
136
Dems won't get someone like Sanders past the primaries though :( Just like Kucinich he'll be considered too "Far out there" Here comes more of the same Hillary. Wonder if she will get Obamas old seat at Brian Roberts house?

I'm confident that Hillary is a lot more sympatico with Bernie's POV than any of the Repub contenders. She never endorsed trickledown & they can't disown it, along with a lot of other demonstrably failed ideology. It's the only horse they've got, so it's the one they gotta ride.

Funny how that works.
 

MongGrel

Lifer
Dec 3, 2013
38,466
3,067
121
That's a stupid statement. It does trickle down.

I say Bullshit to your Bullshit.

If it trickled down we wouldn't have a dying middle class, and the Federal Reserve rescuing banks after the middle class was raped by them, to reap more benefits as they are now.

It never trickles down, it just gets handed to the guys up top to perpetuate the Bullshit.
 
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MongGrel

Lifer
Dec 3, 2013
38,466
3,067
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I wish everyone would stop even trying to state a "straw man" argument these days.

It's usually not done right and pisses me off personally as much as hearing "At the end of the day" and similar shit used that are just crap.
 

Zorkorist

Diamond Member
Apr 17, 2007
6,861
3
76
Mongrel,

You want to know where the money goes? It goes to Government.

There is no more freedom of economy... there is no freedom, any more.

Government, has taken it all.

-John
 

Zorkorist

Diamond Member
Apr 17, 2007
6,861
3
76
The guys at the top, will always be at the top...

It's the fucking Government, that rapes it's citizens, that is the problem.

-John