re: Have conservatives figured out that Reagan era trickle down economics is a farce yet?

So too fricking stupid to link

Powermullah a clown act.

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All the shite that "helps the rich" helps me too and I am not "rich".

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Can you elaborate on why you think this?

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And yet this country that relies on “trickle down economics” is the dream destination for the rest of the world. Try harder

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The rest of the world sucks for the most part. I'm not saying there aren't great opportunities here. I'm merely pointing out that trickle down economics appears to be very flawed as it pertains to most of society.

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It seems like there is a monumental amount of data that clearly points to wealth not trickling down.

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Well, to start, wealthy people oftentimes own businesses that employ many people. So in that way alone, trickledown is successful.

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You mean like using averages across an entire nation without considering how many people move in and out of each tier?

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As far as income goes yes people move out of different stratifications of income. I actually respect your opinion and follow you on the money talk board. Everything is a moving target so to speak and people and corporations rise and fall into different tiers. I do think my point still stands though.

Have you figured out that every spending bill passed by the Communist Party goes directly to the Union leaders and trains to nowhere yet? What stupid statement on your part.

Figured out your trash idea to flood the nation with taco benders hasn’t worked. That population will be as smart as blue collar workers you neglect now.

Have you figured out by now that the lib infested Dem party is doing their absolute best to destroy the US?

That Democrats nonsense is somehow at the feet of Reagan only to the dumbest of core believers

It has absolutely everything to deal with the topic lib lab.

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It seems like there is a monumental amount of data that clearly points to wealth not trickling down. Wealth becomes more and more concentrated by the .1% and everything is getting more expensive with a rapidly vanishing middle class. I don't see it ending well.

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Its not really a farce, Reagonomics were perfectly fine in its era. Technology has changed the game. Trickle down today doesn't work when you can run companies worth hundreds of billions of dollars with just a handful of people. I made this point earlier today on the tariff thread

As an example, say 5 people create a AI startup, it helps make white collar workers more efficient, and they get bought up by a FAANG for $50b (presumably a stock transaction, like what OpenAI did recently). Sounds great for the economy right?

White collar workers will get axed due to efficiency gains, and relatively very little wealth from those newly minted billionaires will trickle down, the vast majority of it will be retained. This is on paper good for the economy as a whole, in reality it rots the middle class.

What is retained (again presuming stock transaction) is also not getting taxed, until the point gains are realized (as should be the case, taxing unrealized gains is retarded)

Protectionism is necessary to retain jobs as possible, like manufacturing. Libertardians who want to just pound their chest and say "free market" are more likely than not either a teenager, or a boomer who isnt worried about the job market. Society will collapse if a large chunk of the population is unemployable. What do people think is going to happen if 30-50% of the population cant find a job?