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Thoughts on trickle down economics

Posted on 11/25/16 at 11:53 am
Posted by volod
Leesville, LA
Member since Jun 2014
5392 posts
Posted on 11/25/16 at 11:53 am

Do any of you believe in this concept.

I personally think that corporations should not be heavily taxed and that free markets should not be regulated by government (mostly because I fear GOVT controlled markets leads to statism)

However, I don't think we should expect CEO to invest money into our economy when they can find lucrative alternatives.
Posted by OBReb6
Memphissippi
Member since Jul 2010
37676 posts
Posted on 11/25/16 at 11:55 am to
It's science and Jesus would have wanted it
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
421299 posts
Posted on 11/25/16 at 11:55 am to
quote:

However, I don't think we should expect CEO to invest money into our economy when they can find lucrative alternatives.

well the problem is that there has to be enough money circulating for the masses to buy the goods that are demanded or else, the CEO won't be CEO for very long

"Trickle down economics" is really a question if individuals or government are better at deciding how to spend these resources
This post was edited on 11/25/16 at 11:56 am
Posted by Broke
AKA Buttercup
Member since Sep 2006
65042 posts
Posted on 11/25/16 at 11:57 am to
What's the alternative? Trickle UP from the poors?
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69243 posts
Posted on 11/25/16 at 11:58 am to
There is no such thing as trickle down economics. It's just an example of left wing imbeciles manipulating reality through language distortion.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
421299 posts
Posted on 11/25/16 at 11:59 am to
quote:

There is no such thing as trickle down economics. It's just an example of left wing imbeciles manipulating reality through language distortion.

yeah even more tax/spend redistribution plans are still "trickle down"

it's just trickling down from government in that paradigm
Posted by MMauler
Member since Jun 2013
19216 posts
Posted on 11/25/16 at 12:04 pm to
quote:

quote:
There is no such thing as trickle down economics. It's just an example of left wing imbeciles manipulating reality through language distortion.


yeah even more tax/spend redistribution plans are still "trickle down"

it's just trickling down from government in that paradigm



The Deranged and Demented Mind of a Liberal
This post was edited on 11/25/16 at 12:09 pm
Posted by AUCE05
Member since Dec 2009
42557 posts
Posted on 11/25/16 at 12:04 pm to
Corporations shouldn't be allowed to create barriers to a market through lobbyists. That should be illegal.
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 11/25/16 at 12:05 pm to
I think people expect trickle down economics to mean that wealth will be distributed from the top to the bottom. This will never happen. What will happen is it will (in my opinion) increase the ability to circulate more money in a given area/community/country.

Rich are going to invest to get richer, not to distribute. But the investment will allow the money to touch more individuals hands. So I believe in it in that aspect. Allow them to operate with less unnecessary Jen deranged, and individuals will have the opportunity to earn money. Take the money from them in the firm of heavy tax and regulation, and I divide also will have to rely on "handouts" from that tax since a company has less money to hire.

Only one of those options seems "fair" to me. I'm all for those who CAN'T help themselves. But we rely on taxing those who have to help those who don't. But the big issue is we have too many in need that have put themselves in that position (neglected education, poor decisions, poor work ethic).
Posted by ProjectP2294
South St. Louis city
Member since May 2007
70079 posts
Posted on 11/25/16 at 12:09 pm to
quote:

Corporations shouldn't be allowed to create barriers to a market through lobbyists.


No, they should be required to do it the old fashioned way. With licensing requirements, minimum experience requirements, government fees, permits, and every other way existing businesses use the government to stifle their competition.
Posted by mmcgrath
Indianapolis
Member since Feb 2010
35360 posts
Posted on 11/25/16 at 12:10 pm to
quote:

There is no such thing as trickle down economics. It's just an example of left wing imbeciles manipulating reality through language distortion.

Trickle down describes the theory that tax cuts for the wealthy will benefit the middle and lower class. You may not like the phrase but it has been around for a long while.
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69243 posts
Posted on 11/25/16 at 12:15 pm to
Posted by mmcgrath
Indianapolis
Member since Feb 2010
35360 posts
Posted on 11/25/16 at 12:16 pm to
quote:

Watch this
No thank you.
Posted by maine82
Member since Aug 2011
3320 posts
Posted on 11/25/16 at 12:18 pm to
Trickle-down economics is basically market economics. It's encouraging money to be circulated through private hands through tax cuts and deregulation, thereby trusting that people through the normal process of supply and demand will know how to distribute that money better than government.

The alternative is placing that money in the hands of government and having them distribute it, or using regulatory agencies to force money in private hands to go in certain directions.

The assumption behind the second option is that a relatively few smart people in Washington can out-think the market and make more economically-rational decisions than people in the market who make millions upon millions of small decisions every day that shifts money in one direction or another. I'm betting on the latter.

Also, as far as this is concerned...

quote:

However, I don't think we should expect CEO to invest money into our economy when they can find lucrative alternatives.


What do you think they're putting money into, sock drawers? They invest in stocks and bonds which is money that often goes to businesses which then invest that money in the private sector.
This post was edited on 11/25/16 at 12:20 pm
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
67635 posts
Posted on 11/25/16 at 12:23 pm to
quote:

Thoughts on trickle down economics


Looks Keynesian to me.
Posted by Turbeauxdog
Member since Aug 2004
23138 posts
Posted on 11/25/16 at 12:57 pm to
It's a made up liberal term, no need to discuss.
Posted by Antonio Moss
Baton Rouge
Member since Mar 2006
48294 posts
Posted on 11/25/16 at 1:06 pm to
quote:

Trickle down describes the theory that tax cuts for the wealthy will benefit the middle and lower class. You may not like the phrase but it has been around for a long while.


It's supply side versus demand side economics. "Trickle-down" is an economic illiterate way of describing supply side economics. It's the macroeconomic idea that greater growth occurs when their is less tax liability and regulatory liability on capital.

Over the long haul, it's been shown to be much more effective at economic growth when compared to demand-side economics.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
66997 posts
Posted on 11/25/16 at 1:07 pm to
"Tricke down" is a catch phrase used to take the poor results of using government funds to invest in private businesses, a la direct subsidies and targeted tax breaks, to turn people against policies which reduce the overall tax burden on all of us like reductions in income tax rates, repeal of estate taxes, consolidating tax brackets, ect.

Simplifying the tax code with lower rates and fewer deductions helps the economy and the nation's fiscal security if the effective tax rate was previously above the laffer curve. If it was below, it will help the economy, but result in a reduction of tax revenue.

In my opinion, the easier, more automatic, and more transparent the paying of taxes is, the less fraud one will see. The lower taxes are, the less likely people are going to try to avoid them. The FAIR Tax is the perfect system because it is simple, efficient, easy to pay, easy to collect, and doesn't "feel" as crippling as seeing 1/3 of your paycheck disappear every month.
Posted by MrCarton
Paradise Valley, MT
Member since Dec 2009
20231 posts
Posted on 11/25/16 at 1:27 pm to
quote:

There is no such thing as trickle down economics. It's just an example of left wing imbeciles manipulating reality through language distortion.


Sure there is. QE qas a trickle down economics plan. Those rascals managed to print 9 trillion dollars and trickled a few million down to the working man.
Posted by JEAUXBLEAUX
Bayonne, NJ
Member since May 2006
55358 posts
Posted on 11/25/16 at 1:44 pm to
Its a bs scam by the exploiting class to justify their greed. The rich taking care of the rich.
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