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re: Thoughts on trickle down economics
Posted on 11/25/16 at 1:47 pm to JEAUXBLEAUX
Posted on 11/25/16 at 1:47 pm to JEAUXBLEAUX
quote:
ts a bs scam by the exploiting class to justify their greed. The rich taking care of the rich.
The privatization of capital - aka capitalism - has lifted more people out of poverty than all other systems combined.
0
Posted on 11/25/16 at 2:12 pm to JEAUXBLEAUX
quote:
Its a bs scam by the exploiting class to justify their greed. The rich taking care of the rich.
QE? Yeah I agree. . .
Posted on 11/25/16 at 3:27 pm to volod
The theory is sound, but in the global economy, it doesn't necessarily benefit the middle/working class in the US anymore. It's done a fine job of creating middle classes in India and China. If you wanted supply side Econ to work for working class Americans, it would have to be paired with semi-protectionist trade policy or tax policy that greatly benefits investment in domestic business that creates jobs and greatly punishes foreign investment.
Posted on 11/25/16 at 3:29 pm to volod
quote:
Do any of you believe in this concept.
It's called 'Supply Side' out of the Chicago School of Economics and Yes I believe in it. And, I'm in very good company:
Posted on 11/25/16 at 3:34 pm to dpd901
quote:
If you wanted supply side Econ to work for working class Americans, it would have to be paired with semi-protectionist trade policy or tax policy that greatly benefits investment in domestic business that creates jobs and greatly punishes foreign investment.
Mother of god.
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