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re: Have conservatives figured out that Reagan era trickle down economics is a farce yet?
Posted on 8/6/25 at 4:37 pm to Ace Midnight
Posted on 8/6/25 at 4:37 pm to Ace Midnight
quote:
The theory isn't actually "trickle down" - it's "a rising tide lifts all boats" and, since it does, it's true.
If this were true then we wouldn't have so many people still living in poverty.
7
Posted on 8/6/25 at 4:41 pm to Powerman
quote:
If this were true then we wouldn't have so many people still living in poverty.
The poverty rate did decrease under Reagan. Although, admittedly, I don’t think the poverty rate should really ever be used to judge economic policy.
Posted on 8/6/25 at 4:46 pm to Powerman
quote:
If this were true then we wouldn't have so many people still living in poverty.
The myth of the working poor is that they work.
Posted on 8/6/25 at 4:46 pm to Powerman
quote:
If this were true then we wouldn't have so many people still living in poverty.
Poverty doesn’t exist in America beyond the homeless. Whom choose to be homeless (drug addicts) or mentally unwell (should be in asylums)
You do realize to be a member of the 1% all you have to make is 34k USD a year…. Right?
This post was edited on 8/6/25 at 4:47 pm
Posted on 8/6/25 at 4:47 pm to the808bass
quote:
The myth of the working poor is that they work.
You would have to be the dumbest person alive to not acknowledge the existence of the working poor.
Posted on 8/6/25 at 4:51 pm to BuckI
quote:
Communist states do not believe in welfare. Those who don't work also do not eat.
“From each according to his ability, to each according to his needs”
Karl Marx
Posted on 8/6/25 at 4:57 pm to beerJeep
quote:
You do realize to be a member of the 1% all you have to make is 34k USD a year…. Right?
You do realize that the cost of living here is much higher than the majority of the world right? 34K here is barely getting by
Posted on 8/6/25 at 4:58 pm to Powerman
Have you figured out democrats are going full commie?
Posted on 8/6/25 at 4:59 pm to 5WFSHR
Nothing to do with the topic
Posted on 8/6/25 at 5:04 pm to Powerman
quote:
If this were true then we wouldn't have so many people still living in poverty.
You might if you took into account what "living in poverty" means.
Again, you have to go down to homeless level to find anyone in our country who doesn't have access to luxuries that only rich people had access to 50 years ago.
When you're just arguing about who the tallest midget in the Wizard of Oz is but don't take into account that they're all short, it doesn't mean nearly as much.
As other people have pointed out, even our poor people top the middle class standard of living in some metrics in many places in Europe.
Posted on 8/6/25 at 5:08 pm to Vacherie Saint
quote:
you are confusing my point.
I'm sure I am.
I find your posts confusing because you don't answer any of the questions I am asking you (not a single one yet) and the ones you ask me I sometimes can't decipher.
Case in point, i thought you were arguing for the opposite point of view than what you actually espouse.
Posted on 8/6/25 at 5:08 pm to BuckI
quote:Dude, do not remotely pretend to tell me WTF they "did" or did not do.
They did not give money to healthy young adults who did not work.
Posted on 8/6/25 at 5:08 pm to Powerman
quote:
The theory isn't actually "trickle down" - it's "a rising tide lifts all boats" and, since it does, it's true.
If this were true then we wouldn't have so many people still living in poverty.
The standard of living for those below the poverty line has improved over time, right?
Posted on 8/6/25 at 5:09 pm to Powerman
Well, communism has failed time and time again. While capitalism has led to the greatest periods of prosperity in our nation so… maybe you should be more concerned with what democratic socialist are trying to push… which is Marxism.
Posted on 8/6/25 at 5:10 pm to MizzouBS
quote:
In theory trickle down should be a great way for economy to work, but people are to greedy.
But how does it end up causing problems for the economy long term?
Connect all the dots for me.
This is a genuine question. I'm genuinely trying to learn something here.
Posted on 8/6/25 at 5:13 pm to Powerman
quote:
You do realize that the cost of living here is much higher than the majority of the world right? 34K here is barely getting by
1% is 1%. “The rich get richer” NOOOO NOT THOSE RICHHHHH!!!!
“Barely getting by” as they are overweight. Have ac. Have running water. Smart phones. Food delivery. Internet. Netflix. Vanity items. Televisions.
“Barely getting by”
This post was edited on 8/6/25 at 5:14 pm
Posted on 8/6/25 at 6:17 pm to wackatimesthree
My initial post was directed at a lefty who doesn’t believe lowering taxes lifts the economy. I was being sarcastic so I understand why you’d be confused.
Posted on 8/6/25 at 6:35 pm to Powerman
do these "working poor" consider the 80% of their day they spend posting in a political forum to be "productivity"? because you'd have to be the dumbest person alive to not see a problem there.
Posted on 8/6/25 at 9:03 pm to Powerman
quote:
In 2022, 37.9 million people, or 11.5 percent of the nation’s population, lived below the official poverty level, according to the U.S. Census Bureau.1 (See the technical notes for examples of poverty levels.) According to data from the Bureau of Labor Statistics, while the majority of the poor were (1) adults who had not participated in the labor force during the year and (2) children, of the 37.9 million living under the poverty level, 6.4 million were among the “working poor” in 2022. The working poor are people who spent at least 27 weeks in the labor force (that is, working or looking for work) but whose incomes still fell below the official poverty level. The number of working poor changed little from 2021. In 2022, the working-poor rate—the ratio of the working poor to all individuals in the labor force for at least 27 weeks—was 4.0 percent, little different from the previous year’s figure (4.1 percent). (See table A, chart 1, and table 1.)
Of people in the working force FOR AT LEAST 27 WEEKS, 4% were below the poverty line.
In other words, if you work at least half the fricking year, you have a 96% change of not being in poverty.
If you worked full time, that was cut in half.
quote:
Full-time workers remained much less likely to be among the working poor than part-time workers. Among people in the labor force for 27 weeks or more, 2.5 percent of those usually employed full time were classified as working poor, compared with 11.0 percent of part-time workers.
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