Trickle down economics does not work

[buckshot24]

It's very dishonest to suggest that the meltdown of 2008 was caused by Bush policies. Then you have that bullshit graph that includes Hoover! How Fucking dishonest can you get?

 

[Nemesis 1]

http://graphics8.nytimes.com/news/business/0915taxesandeconomy.pdf

An excellent study put out by the Congressional Research Service which analyzes tax rates since 1945 in the US. Their conclusions verify what most of us on the left already know, lowering tax rates on the top marginal earners does not stimulate the economy and promote economic growth. All it has consistently done over the last 50 years is increase concentration of wealth at the top end.

It boggles my mind how anyone with a rational thinking brain can continue to support a party that espouses this economic philosophy despite overwhelming evidence to the contrary.

Completely false statement , That only a childs mind could see deeper into trikel down economics . I don't know how well it works but it does . To say it doesn't is being knowinngly dishonest, There are objects things that only the rich buy. This things require manufactoring and labor . Thats trickel down fool . To what extent it trickels is unknown . I don't care how much 1 man has . Only how he got it . Nothing else matters . Kennedies threw Market manipulations and bootlegging . As far as I concerned all Kennedy money should be taken from them . After the FACT. Many others fit in here , Because your family got away with something for a time doesn't mean when the facts come out that justice can not be served/

 

[MovingTarget]

That sounds like a great plan if you don't care what it gets spent on, only that it's spent. It's important that the poor be able to maintain their marginal propensity to spend on such vitally important U.S. market sectors such as lotto tickets, 40 ounce malt liquor makers, fast food vendors, and pitbulls for dog fighting.

How about a roof over their head, gas for their car, an electric or medical bill, clothing, school supplies, etc? Heck, they may even splurge by attending a local movie theater or restaurant for the first time in months or more. You aparrently know nothing of the poor.

I don't care simply "that its spent". Not all spending is equal. We should focus our efforts on those activities that have higher economic multipliers. Social programs and infrastructure build-outs are the way to go.

 

[OneOfTheseDays]

I heard conservative after conservative argue that Republican ideologies work and are better than the Democratic alternative.

There's a problem with this argument. It's simply NOT true. There is NO proof or historical data to support the assumption that trickle down economics is a good economic philosophy or that it is in any way, shape, or form better than the Democratic alternative. In fact, history shows us that Democratic policies have been better for the economy overall.

So again I ask, if there is no historical data that shows trickle down economics has ever worked in this country why do you continue to support this economic policy? Why do you think it will be different this time around? Answer the question without mentioning Democrats please.

 

[OneOfTheseDays]

http://www.usnews.com/news/blogs/washington-whispers/2012/08/10/democratic-presidents-beat-republicans-on-11-of-12-economic-indicators

What's quite sad to see is no Republican on this forum can point to any economic studies, data, or evidence to support their claims. It's the fundamental reason why this party needs to be decimated and uprooted from American politics forever. It's fully of intellectual nitwits that don't believe in reality and facts.

 

[bfdd]

I heard conservative after conservative argue that Republican ideologies work and are better than the Democratic alternative.

There's a problem with this argument. It's simply NOT true. There is NO proof or historical data to support the assumption that trickle down economics is a good economic philosophy or that it is in any way, shape, or form better than the Democratic alternative. In fact, history shows us that Democratic policies have been better for the economy overall.

So again I ask, if there is no historical data that shows trickle down economics has ever worked in this country why do you continue to support this economic policy? Why do you think it will be different this time around? Answer the question without mentioning Democrats please.

Everything pimped by Democrats or Republicans is trickle down economics. Government takes from the rich to give to the poor? Trickle down economics. Government regulates hoping the rich will give more to the poor? This too is trickle down economics. Either way you take it, if you're voting for Republican or Democrat, you're voting for more centralized control over our economy. One that positions you at the bottom and "them" at the top.

 

[Moonbeam]

I will never understand it. You have economic policies that have been proven time and again to not work (Republican), and policies that have been proven time and again do work (Democrat). Yet still there are people who insist on trying the Republican policies again and again. Is it some kind of psychological reward system thing where you think the rich deserve to be rewarded for becoming rich? Seriously, I don't get why anyone would intentionally continue to do something so stupid despite there being absolutely no way you could think it would work. Is it a brain damage thing, do all GOP voters have brain damage? I mean clearly cybrsage does, but do the rest of you?

You know the answer to that. You can see in in their brain scans. The more you prove them wrong the more they believe what is wrong is true. Their belief is tied to their morality and their morality is twisted. Conservative dogma is a religious faith rather than a product of facts and reasoning. You just happen to be of the kind of mind that can see it. It's totally invisible to them.

 

[Screech]

That sounds like a great plan if you don't care what it gets spent on, only that it's spent. It's important that the poor be able to maintain their marginal propensity to spend on such vitally important U.S. market sectors such as lotto tickets, 40 ounce malt liquor makers, fast food vendors, and pitbulls for dog fighting.

The funny thing is, those things generally create more income or wealth for other americans than offshoring money into the cayman islands or moving american business factories to china for larger profits......not that any important public figures have done that in recent times.

I agree that ideally, if you are poor and on welfare you don't waste money on worthless stuff like the above, but is there is an easy way to maintain a safety net (which is important) while banning the purchase of some things for some people but not for others? Money is, after all, fungible. That said, while there are surely those who waste welfare money on worthless stuff, I have yet to see any convincing argument that it is a serious issue that needs to be tackled (as opposed to real problems like offshoring, etc....). edit: its probably somewhere around voter fraud on the scale of important things. Would it be nice to be done away with, sure, but is it worth screwing over a lot of people for probably no gain? eh.....

 

[BoberFett]

http://graphics8.nytimes.com/news/business/0915taxesandeconomy.pdf

An excellent study put out by the Congressional Research Service which analyzes tax rates since 1945 in the US. Their conclusions verify what most of us on the left already know, lowering tax rates on the top marginal earners does not stimulate the economy and promote economic growth. All it has consistently done over the last 50 years is increase concentration of wealth at the top end.

It boggles my mind how anyone with a rational thinking brain can continue to support a party that espouses this economic philosophy despite overwhelming evidence to the contrary.

If trickle down economics don't work, then why do Democrats keep insisting that we have the federal government spend trillions of dollars per year hoping that some of it will trickle down?

 

[bfdd]

If trickle down economics don't work, then why do Democrats keep insisting that we have the federal government spend trillions of dollars per year hoping that some of it will trickle down?

Bingo. Because that's not "economics" that's "Government spending" lol idiots. Seriously the lengths people go through to justify the existence of nothing lol.

 

[Nemesis 1]

I heard conservative after conservative argue that Republican ideologies work and are better than the Democratic alternative.

There's a problem with this argument. It's simply NOT true. There is NO proof or historical data to support the assumption that trickle down economics is a good economic philosophy or that it is in any way, shape, or form better than the Democratic alternative. In fact, history shows us that Democratic policies have been better for the economy overall.

So again I ask, if there is no historical data that shows trickle down economics has ever worked in this country why do you continue to support this economic policy? Why do you think it will be different this time around? Answer the question without mentioning Democrats please.

Whats the social defiect at now . Because its the gooberment doesn't excuse it from the same pitfalls we all can suffer , The gooberment is bankrupt our money is worthless paper that devalues over time . Ya Dems and there love affair with the FEDeral reserve(Rothschild) is most reassurring . You can't deny it . You can but at judgement your claim to ignorance will be destoyed just like everthing else Demons stand behind . Ruled and governed by the Rich for the rich and they think their party will somehow change this , Only after a bitter civil war that finds those who need socialism to survive are dead. The next 7 days will be interesting east of mississippi

 

[shortylickens]

Grats! You're only 25 years late.

I came in here to say we cover this topic too fucking much.

Nobody with a brain has even tried pushing that theory for several years.

 

[blackangst1]

Hey OP...which Republican, who is in any kind of position to influence such change, is advocating cutting taxes for the rich? Because it certainly isnt Romney. Maybe he has in the past, or perhaps Ryan did at some point, but not recently.

 

[soundforbjt]

If trickle down economics don't work, then why do Democrats keep insisting that we have the federal government spend trillions of dollars per year hoping that some of it will trickle down?

Using a variation of Willard's campaign/debate soundbite "trickle down government" saying it's the same as "trickle down" economics. Probably a Luntz or Rove invention.

 

[ivwshane]

Still no link to a study proving your theories?

That's what I thought.


One can only hope that Darwin was right and people who think like righties will result in a dead end branch on the human tree.

 

[ivwshane]

That sounds like a great plan if you don't care what it gets spent on, only that it's spent. It's important that the poor be able to maintain their marginal propensity to spend on such vitally important U.S. market sectors such as lotto tickets, 40 ounce malt liquor makers, fast food vendors, and pitbulls for dog fighting.

Using a variation of Willard's campaign/debate soundbite "trickle down government" saying it's the same as "trickle down" economics. Probably a Luntz or Rove invention.

And of course they eat that shit up and repeat it like the brain dead parrots they are.

 

[bfdd]

Using a variation of Willard's campaign/debate soundbite "trickle down government" saying it's the same as "trickle down" economics. Probably a Luntz or Rove invention.

Except it makes sense because they use it as an excuse for stimulating the economy and the people they want to take the money from are which? Oh that's right those AT THE TOP. Or do you not realize we have a "progressive" tax system? Take from the top invest to help the bottom, sounds like trickle down to me. In fact I even called such non-sense trickle down before Mr. Romney decided to throw that bullshit around. Just because his dumbass is using it too doesn't make it any less valid. Fact is BOTH the Republicans and Democrats are central planning social statists, they simply disagree on which plan is more efficient. You idiots gobble it up like there's actually a fucking difference between the two. lol @ you.

 

[soundforbjt]

Except it makes sense because they use it as an excuse for stimulating the economy and the people they want to take the money from are which? Oh that's right those AT THE TOP. Or do you not realize we have a "progressive" tax system? Take from the top invest to help the bottom, sounds like trickle down to me. In fact I even called such non-sense trickle down before Mr. Romney decided to throw that bullshit around. Just because his dumbass is using it too doesn't make it any less valid. Fact is BOTH the Republicans and Democrats are central planning social statists, they simply disagree on which plan is more efficient. You idiots gobble it up like there's actually a fucking difference between the two. lol @ you.

Then why does the evidence show that the dem's trickle-down gov't works and repubs trickle-down economics never works better?

 

[umbrella39]

A poor person never gave me a job, derp derp derp....

 

[buckshot24]

http://www.usnews.com/news/blogs/washington-whispers/2012/08/10/democratic-presidents-beat-republicans-on-11-of-12-economic-indicators

What's quite sad to see is no Republican on this forum can point to any economic studies, data, or evidence to support their claims. It's the fundamental reason why this party needs to be decimated and uprooted from American politics forever. It's fully of intellectual nitwits that don't believe in reality and facts.

Us republicans have jobs dimwit. So why don't you go do something to your self?

 

[dmcowen674]

Trickle down economics does not work

http://graphics8.nytimes.com/news/business/0915taxesandeconomy.pdf

An excellent study put out by the Congressional Research Service which analyzes tax rates since 1945 in the US. Their conclusions verify what most of us on the left already know, lowering tax rates on the top marginal earners does not stimulate the economy and promote economic growth. All it has consistently done over the last 50 years is increase concentration of wealth at the top end.

It boggles my mind how anyone with a rational thinking brain can continue to support a party that espouses this economic philosophy despite overwhelming evidence to the contrary.

Especially the wanna bees.

Looks how many Republicans on here that brag that they are not a 1%er yet they vote against their own interests by voting Republican.

They are a strange bunch.

Of course many of them are paid Republican shills.

 

[shortylickens]

If trickle down economics don't work, then why do Democrats keep insisting that we have the federal government spend trillions of dollars per year hoping that some of it will trickle down?

Stop making sense damn you!

 

[bfdd]

Then why does the evidence show that the dem's trickle-down gov't works and repubs trickle-down economics never works better?

Taxation is never counted against the economy and Government spending is counted towards our GDP, that makes no sense whatsoever and why EVERYTHING we are told is mostly bullshit. The simple fact that they follow Keynesian economic philosophy says enough to me that they're idiots. Keynes said we should have 15 hour work weeks right now and people are wondering why this isn't so, well it fucking would be if everyone worked and we didn't have 10%+ unemployment. Get rid of entitlements and you'll see your work hours come down as ful time positions become part time positions. Never happen though because to many of you guys want to believe that the world owes you a pick me up.

 

[ShawnD1]

So instead we should vote for the party that believes that businesses only care about profits, but yet for some reason will continue to pay men 133% of women for the same work?

Is the proposed law even feasible? Right now some men make 30% more than other men doing the same job. Is the solution to unionise the entire country so all men and women doing the same job get the same pay?
It's fun to say "equality for all!" but it requires a serious plan. We can't just write a law saying it's illegal.

I will never understand it. You have economic policies that have been proven time and again to not work (Republican), and policies that have been proven time and again do work (Democrat). Yet still there are people who insist on trying the Republican policies again and again. Is it some kind of psychological reward system thing where you think the rich deserve to be rewarded for becoming rich? Seriously, I don't get why anyone would intentionally continue to do something so stupid despite there being absolutely no way you could think it would work. Is it a brain damage thing, do all GOP voters have brain damage? I mean clearly cybrsage does, but do the rest of you?

The right wing does have a lot of people who would legitimately benefit from conservative policies. The right also has strong support from religious people, and that in itself is known to be related to schizophrenia on some level. It even has its own wiki page, religion and schizophrenia. Schizophrenia, schizotypal personality, and schizoid personality are too long and complicated to explain in this post.

If trickle down economics don't work, then why do Democrats keep insisting that we have the federal government spend trillions of dollars per year hoping that some of it will trickle down?

Um probably because it DOES trickle down? My entire office relies on government spending; we do engineering for government projects like road, rail, waste water, and airports. All of us are middle class people directly benefiting from government money. If the gub'ment suddenly stopped spending on silly things like roads and waste water upgrades, we would all lose our jobs and the economy would sink even lower.

 

[Matt1970]

The 80's and 90's were 2 of our best decades ever. Trickle down economics doesn't work?