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Trickle down doesnt even exist. its a "talking point" created by some left wing kook to babble nonsense that giving more money to government somehow makes people better..
We have RECORD WELFARE, because OBAMA POLICIES created it.. How exactly does that encourage people to earn more?
Supply side, whatever, it's been the conservative economic model since the conservative savior Ronald Reagan.
You don't think the economic crisis, which happened under a republican administration, had something to do with welfare increasing.... Or did you forget history.
Trickle down doesnt even exist. its a "talking point" created by some left wing kook to babble nonsense that giving more money to government somehow makes people better..
An economic idea which states that decreasing marginal and capital gains tax rates - especially for corporations, investors and entrepreneurs - can stimulate production in the overall economy. According to trickle-down theory proponents, this stimulus leads to economic growth and wealth creation that benefits everyone, not just those who pay the lower tax rates.
Quote:
President Reagan's economic policies, commonly referred to as "Reaganomics" or supply-side economics, were based on trickle-down theory. The idea is that with a lower tax burden and increased investment, business can produce (or supply) more, increasing employment and worker pay. Reagan initially slashed the top income-tax rate from 70% to 50%. Trickle-down policy’s detractors see the policy as tax cuts for the rich and don’t think the tax cuts benefit lower-income earners.
Quote:
Originally Posted by pghquest
We have RECORD WELFARE, because OBAMA POLICIES created it.. How exactly does that encourage people to earn more?
Never mind.... Oh I don't know - a recession?!??!?!?!?
❏ Federal spending, per capita : $12,083.0 (percentage of GDP: 24%)
❏ State spending, per capita : $ 4,454.10 (percentage of GDP: 9%)
❏ Local spending, per capita : $ 5,308.4 (percentage of GDP: 11%)
Summed up, combined government spending takes (approx) 44% of the GDP.
If you’re one of the donors (tax payers), you’re working 44% (or more) of your life to support “their spending habit”.
Since the "TAKERS" (recipient class) outvote the "TAKEN" (donor class), there is NO REMEDY in the ballot, nor legislation.
{Nearly 60% of American families are wholly dependent upon government for their salaries, pensions, and / or entitlements. They will never support candidates that would cut their "benefits."}
. . .
If you're going to go for the lie, go for the BIG LIE!
. . .
"Lowest Levels in History?!"
USDC Stat abstract data:
Tax (Fed) percentage of GNP
1890 1.09 %
1900 1.58 % (coming off spanish american war)
1905 0.93 %
1910 0.83 %
. . . .
versus
2012 24 %
Democrats only control the legislator and governorship in 9 states. It's ironic that this massive increase in "takers" has occurred under the solidly republican governance in most areas.
If taxes are at some of their lowest levels in history, and the wealthiest in this country are richer than ever, why hasn’t the growth in the wealth of the middle class matched that of the top 2%?
#Exposing Republican Lies#
If you are indeed a millionaire day trader (who drives a BMW 3-series, no less), then you probably understand the dismal math of compounding wealth. Wealthy getting wealthier is not terribly relevant - middle class income growth is.
Added to this, already low income taxes are becoming less relevant - society in general is becoming increasingly fractured between well-educated people making high incomes and everyone else. There is a real schism developing in the old middle class, and 80% of this lump is finding itself as relatively undifferentiated labor. This has almost nothing to do with tax policy (unless you believe that low taxes increase net invested capital) - it is simply the result of capital finding its most efficient avenue to deploy.
Undereducated Americans are no longer the economic keystone of the world economy, and accordingly are not seeing wage growth (if anything, contraction). This is one of the "unseen hands" that drives the trailer parks and paycheck-to-paycheck families to support trump or be fearful of "illegal immigrant" boogeymen, but is really just a systemic rot that has occurred in many mature economies at many times. You get paid what you are worth in the long run, and the long run is now. Underskilled and undereducated Americans just don't produce comparative output like they did in the past.
Like I said, most people should avidly teach their kids Spanish - because that is the labor pool most Middle Class Americans will be competing against around 2030.....
No but it does depend upon whose lap one falls out of.
The findings also suggest that who your parents are and how much they earn is more consequential for American youths today than ever before. That’s because the difference between the bottom and the top of the economic ladder has grown much more stark, but climbing the ladder hasn’t gotten any easier.
Supply side, whatever, it's been the conservative economic model since the conservative savior Ronald Reagan.
You don't think the economic crisis, which happened under a republican administration, had something to do with welfare increasing.... Or did you forget history.
Um, we now have a recovering economy, and yet welfare numbers are increasing..
You don't pay taxes if you don't have work, so low tax rate is irrelevant.
The middle class has gotten smaller under Obama and the average household income has shrunk as well.
Now if you are a 1%ter, then you love Obama as you have done quite well.
Obamacare is a big factor too. Companies downsized because of Obamacare, and reduced hours of remaining employees.
Liberals never seem to want to look at the whole picture. They take one little thing, like lower taxes, and then say, "See, see? Taxes are low! Why no 'trickle down?'
Nice try. This thread has bombed big time because it is based on a false premise. It assumes low taxes mean thriving business and job growth. But they ignore all the other factors in the equation.
In a nutshell, because job growth in well paying jobs has been beyond crappy and raises have been nil for years due to abysmal policies perpetrated by this administration.
Lets remember that in the closing months of the Bush Administration the economy was shedding 700,000 jobs a month. Since 2008 small business which is the real engine of job creation has not been able to get loans. Loans are used for expansion. Expansion is used in hiring new employees.
They say a picture is worth a thousand words. Here is a whopper from the Washington Post:
Look at the employment / population ratio during the two Bush recessions. We didn't even recover from the first recession when we got hit with the second. Lou Dobbs a conservative commentator described this as the "War on the Middle Class".
The premise of this thread is upheld. Trickle down is a joke.
Trickle down is not a joke. What we shouldn't have is one party constantly either sabotages or completely reverses the good effort. That party is the Democrat party.
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Obamacare
