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re: Tax Cuts - The Lunch Analogy
Posted on 12/6/17 at 11:53 am to cahoots
Posted on 12/6/17 at 11:53 am to cahoots
quote:
Except I did understand that. In my analogy, the CEO pockets the discount because he paid the bill (he treated his employees to lunch). He paid for the appetizer that the four people shared (a modest meal), but it didn't prevent him from ordering the surf and turf (an extravagant meal). Also, the $10 he pocketed didn't "trickle down" to the four others (a claim often made in favor of tax cuts) because he spent it under the table on Russian women (a reference to the Russia controversy and the sexual allegations controversies, just thrown in for fun).
Sorry that you didn't understand that my post was clearly a critique of trickle down economics and not commentary on welfare.
Sigh. It is hilarious how you just assume the CEO uses the government's services more, based solely on him having a higher income. That alone shows me you don't understand the analogy.
Then you compound this by completely lacking any understanding of what "trickle down economics" is or how it is supposed to work.
Quit while you're behind.
1
Posted on 12/6/17 at 12:13 pm to GoCrazyAuburn
quote:
Sigh. It is hilarious how you just assume the CEO uses the government's services more, based solely on him having a higher income. That alone shows me you don't understand the analogy.
Well, let's say that these guys work for a major US automaker/bank circa 2008. Or maybe it's the CEO of a Hollywood production company (dem tax credits). Or maybe it's Elon Musk. Buy maybe you're right and rich people never benefit from government the way that poor food stamp recipients do.
quote:
Then you compound this by completely lacking any understanding of what "trickle down economics" is or how it is supposed to work.
Sigh. It's pretty difficult to integrate a comprehensive trickle down analogy into a story about 10 people getting lunch. I'm working with what I've got.
This post was edited on 12/6/17 at 12:15 pm
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