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Author Topic:   Trickle Down Economics - Does It Work?
hooah212002
Member (Idle past 820 days)
Posts: 3193
Joined: 08-12-2009


(1)
Message 294 of 404 (660358)
04-24-2012 9:08 PM
Reply to: Message 291 by Percy
04-24-2012 8:48 PM


Re: There was a rising tide. But it didn't lift all boats.
We know trickle down happens
Crikey Mate! How many times you gonna assert this with no explanation or evidence? Now you are saying that ALL economy is trickle down, eh? ALL economy is dependant on the rich making money? WHAT is trickling down since you repeatedly claim that it IS happening? I see fuck all trickling down and a shit load trickling UP, what with the disparity in wealth.

"Science is interesting, and if you don't agree you can fuck off." -Dawkins

This message is a reply to:
 Message 291 by Percy, posted 04-24-2012 8:48 PM Percy has replied

Replies to this message:
 Message 296 by Percy, posted 04-24-2012 9:28 PM hooah212002 has replied

  
hooah212002
Member (Idle past 820 days)
Posts: 3193
Joined: 08-12-2009


Message 298 of 404 (660370)
04-24-2012 11:36 PM
Reply to: Message 296 by Percy
04-24-2012 9:28 PM


Re: There was a rising tide. But it didn't lift all boats.
"Trickle down," as in money flowing from the rich to the rest of the economy, obviously happens because the rich spend money.
In a discussion about trickle down economic policy, why would you bring in a term that does nothing but confuse? What it seems like you are saying is "money is spent, money is earned, ergo trickle something". Yes, money moves around in an economy. I'm pretty sure even I get that. But now you've introduced a term similar, only in verbiage, to what the topic is about, but has a whole different meaning. This could be construed as an attempt to mitigate the effectiveness of actual "trickle down policy".
Now that you've cleared up your terms, I'd like to point out the ridiculousness of the concept. Your idea that money does trickle down at all insinuates that the only money in an economy comes from the rich. I shall still ask "what is it that is trickling down?". What is it we pleebs, we "po' folk", are getting from the rich? Layoffs? Unemployment? Foreclosure? 'Cuz it sure is fuck isn't money that is trickling down.

"Science is interesting, and if you don't agree you can fuck off." -Dawkins

This message is a reply to:
 Message 296 by Percy, posted 04-24-2012 9:28 PM Percy has replied

Replies to this message:
 Message 306 by Percy, posted 04-25-2012 8:47 AM hooah212002 has replied

  
hooah212002
Member (Idle past 820 days)
Posts: 3193
Joined: 08-12-2009


(1)
Message 309 of 404 (660398)
04-25-2012 9:26 AM
Reply to: Message 306 by Percy
04-25-2012 8:47 AM


Re: There was a rising tide. But it didn't lift all boats.
Because, just as Rrhain does in the very next message and just as you do at the end of this message, some here deny that any such thing as money tricking down from the rich to the rest of the economy even happens.
The rate at which the rich are spending the money compared to the rest of us obviously is vastly different, else we wouldn't be where we are. The rich spend their money on more money, whereas the rest of us pleebs spend our money on things and those things are what help the economy. And the more things us people buy, still the money goes UP, yet the money they spend on money.....stays up. I can't agree that their money is "trickling down" because it is offset by our money going right back to them 10 fold.
I'm happy to use a less confusing term if someone can suggest one.
Please do.
Then where does money spent by the rich go? When a rich person builds a mansion, do other rich people do the foundation, the framing, the drywall, and so on? Or is it people of average income?
Are there loads and loads of mansions being built? Are there so many mansions being built that it offsets the amount of construction workers that are out of work? Are there so many mansions being built that construction companies are begging for more workers?
I think this secondary usage of "trickle down" that you insist on is only serving to obfuscate in light of the topic.

"Science is interesting, and if you don't agree you can fuck off." -Dawkins

This message is a reply to:
 Message 306 by Percy, posted 04-25-2012 8:47 AM Percy has seen this message but not replied

  
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