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Trickle down economics don’t work...

Posted on 4/28/21 at 10:40 pm
Posted by Robin Masters
Birmingham
Member since Jul 2010
29615 posts
Posted on 4/28/21 at 10:40 pm
I hear this bandied about by leftist twits with assumptive authority.


So then why do governments use tax payer funds to entice the wealthy producers into bringing their factories, IT hubs and sports stadiums into their cities and states?

Posted by Dennis Celery
Member since Apr 2021
708 posts
Posted on 4/28/21 at 10:44 pm to
Trickle down economics sure as fricking shite works when they tax the frick out of every single thing. Especially things like capital gains, etc.
Posted by Bamafan24
Huntsville
Member since Oct 2014
8280 posts
Posted on 4/28/21 at 10:44 pm to
Its hard for trickle down economics to work when you tell the middle class you cant go to work and earn a living for a year.
Posted by CamdenTiger
Member since Aug 2009
62368 posts
Posted on 4/28/21 at 10:48 pm to
Well, trickle up means the rich just gets all your money, so.......I’d much rather have trickle down, where at least there’s a chance.......
Posted by crossfire
Alabama
Member since Oct 2010
2074 posts
Posted on 4/28/21 at 10:52 pm to
Remember the cringe statement from Hillary..... "Trumped up trickle down". God that bitch was terrible and it was so fun watching Trump wipe the floor with her.
Posted by mmcgrath
Indianapolis
Member since Feb 2010
35361 posts
Posted on 4/28/21 at 10:54 pm to
quote:

So then why do governments use tax payer funds to entice the wealthy producers into bringing their factories, IT hubs and sports stadiums into their cities and states?

Because politicians are very corrupt.
Posted by mmcgrath
Indianapolis
Member since Feb 2010
35361 posts
Posted on 4/28/21 at 11:02 pm to
quote:

Well, trickle up means the rich just gets all your money, so.......I’d much rather have trickle down, where at least there’s a chance.......
It is the opposite, but at least you tried... I guess.
Posted by Oizers
Member since Nov 2009
2640 posts
Posted on 4/28/21 at 11:12 pm to
Posted by Torqued Pork
Malvern
Member since Sep 2020
3597 posts
Posted on 4/28/21 at 11:13 pm to
Biden says this as he's on the brink of completely wrecking the economy he inherited from Trump.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11068 posts
Posted on 4/28/21 at 11:16 pm to
Ouch, the results are the same. At least you tried.
Posted by Taxing Authority
Houston
Member since Feb 2010
57090 posts
Posted on 4/28/21 at 11:17 pm to
quote:

Trickle down economics don’t work...
Yep. Last venture capital raising campaign I worked on... we went right for the homelsss folks in SFO for the seed round.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11068 posts
Posted on 4/28/21 at 11:22 pm to
They've never trickled up more than they have the past year. All it's done is concentrate industry and yet here we are pretending a theory a politician came up with is somehow reality.
Posted by momentoftruth87
Member since Oct 2013
71141 posts
Posted on 4/28/21 at 11:28 pm to
quote:

Trickle down economics don’t work...


Def not when the govt gives everyone free money. The govt has always floated the upper and bottom class. Especially after WWII. Big govt and joining all these world organizations put our arse in debt.
Posted by indianswim
Plano, TX
Member since Jan 2010
18706 posts
Posted on 4/28/21 at 11:52 pm to
Reagan was wildly popular outside the media and pundits for this economic policy. Reagan advisors say Trump was better than Reagan. Do the math. Left is scared shitless of this policy because a conservative policy works. It’s why they scream racism as a diversion tactic.
Posted by CleverUserName
Member since Oct 2016
12507 posts
Posted on 4/29/21 at 6:51 am to
quote:

It is the opposite, but at least you tried... I guess.


Explain the precipitous drop in poverty in every race during Trumps tenure and the recent uptick in the poverty rate as Biden has taken over.

Hint: you cannot blame Covid. Look at the numbers.

Edit: the ole downvote and scram!
This post was edited on 4/29/21 at 8:11 am
Posted by Nosevens
Member since Apr 2019
10231 posts
Posted on 4/29/21 at 7:18 am to
Trickle up cannot work as there is literally zero money at the bottom without government giving it out , and government can only get from the rich . So if the poor has nothing to trickle up then the middle and upper end have nothing either ( bingo ) and government has nothing to take ( steal ) . I’ve yet to see rain leave the ground to help the clouds out .
Posted by oldskule
Down South
Member since Mar 2016
15476 posts
Posted on 4/29/21 at 7:25 am to
The entire plan is to make sure ALL minorirites VOTE Democrat from here on out, period!

Posted by The Maj
Member since Sep 2016
27029 posts
Posted on 4/29/21 at 7:28 am to
quote:

Trickle down economics don’t work...


This doesn't allow the government to control your money as much... simply cannot have that... you should willingly give your money to the government and let them redistribute it for you equitably...
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89476 posts
Posted on 4/29/21 at 8:11 am to
They've always mischaracterized the theory (including some proponents).

The theory isn't, in reality, "trickle down" - it is "a rising tide lifts all boats" - and it does.
Posted by IceTiger
Really hot place
Member since Oct 2007
26584 posts
Posted on 4/29/21 at 8:33 am to
quote:

the rich just gets all your money


The rich aren't rich because of cash...

Give a million bucks to someone and in three years they have $400k left if they do what they keep doing.
This post was edited on 4/29/21 at 8:34 am
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