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re: Liberal Misunderstanding of "trickle down economics"
Posted on 12/2/16 at 5:57 am to Korkstand
Posted on 12/2/16 at 5:57 am to Korkstand
quote:
And what will be the impact of the federal government forcing higher expenses than necessary at companies all around the country? How will our businesses compete globally? What sort of trade policies will be required to protect our weighted-down corporations from closing up shop? How many jobs are we willing to put in jeopardy to save 1000?
What the actual frick are you babbling about?
1
Posted on 12/2/16 at 10:03 am to gthog61
quote:Look, Carrier was going to cut costs by moving some operations to Mexico, right? They were going to save a ton on labor costs. Trump changed their parameters so that move was no longer their best option.
What the actual frick are you babbling about?
What was going to happen was Carrier would reduce their operating costs, resulting in more profit, which would have presumably been invested in other job-creating activities. That's "trick down", isn't it?
Instead, Trump has seemingly strong-armed trickle-down theory into working immediately. And in the process he kept Carrier's operating costs higher than they would be in a free market.
My question is, what is going to happen if this becomes a habit? Don't you think there will be consequences to keeping the operating costs of American businesses higher than they need to be?
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