Trickle down for 4 decades, don't work

[Jetmeck]

Republicans have been using the TRICKLE DOWN theory since Reagan...........................

How about it middle class ... do you feel it has worked ?

Is Romney using some new and improved version of TRICKLE DOWN ?


Same old, same old.

Middle class......trickle down or pissed on ?

How do you feel about it ?

Help the ones with the most and screw the poor ?

Sound right to you ?

[barryr]

Trickle down taxes don't help the "little man" but democrats cling to that idiot belief taxing the rich creates jobs and the "little man" doesn't get hurt in the process. WRONG!

[Jetmeck]

Trickle down taxes don't help the "little man" but democrats cling to that idiot belief taxing the rich creates jobs and the "little man" doesn't get hurt in the process. WRONG!

nO THAT WON'T CREATE JOBS OR GET RID OF ANY BUT IT WILL PAY THE BILLS AND YOU DONT GIVE OUT HUGE TAX BREAKS TO THOSE WHO DON'T NEED IT WHEN YOU NEED TO PAY THE BILLS.

eVERY BUSINESS NEEDS REVENUE...........

where are the jobs from the decade long tax breaks they already got ?

You won't answer ? low life

[Smiling Assassin27]

Fool, NO ONE has ever advocated 'trickle down' economics. That's a misnomer that your media hacks have contrived. If you know anything about how investment in an economy actually happens, you'd realize the non-sensical nature of the term.

and yes, i know even GOP'ers have used this term in the past but also have misrepresented it badly. Do yourself a favor and google 'Thomas Sowell'. The guy's a national treasure and you should familiarize yourself with the way things ARE in an economy, not how they should be.

[Jetmeck]

Fool, NO ONE has ever advocated 'trickle down' economics. That's a misnomer that your media hacks have contrived. If you know anything about how investment in an economy actually happens, you'd realize the non-sensical nature of the term.

and yes, i know even GOP'ers have used this term in the past but also have misrepresented it badly. Do yourself a favor and google 'Thomas Sowell'. The guy's a national treasure and you should familiarize yourself with the way things ARE in an economy, not how they should be.


Who the hell do you think you ?

A liar obviously, just like Romney about his tax plan adds up, his healthcare plan that doesn't exist takes care of preexisting conditions when it don't..................THIS IS TRICKLE DOWN AT ITS FINEST.

cALL it what you will but giving to those at the top and HOPING it makes it way to those below them is the exact definition of trickle down.

Pull your head out of Romney's ass

[Jetmeck]

rOMNEY says now no tax cut..............
and your dumbass now says no trickle down.

Except your both liars.................

[Smiling Assassin27]

Give it a read, champ:

http://www.tsowell.com/images/Hoover%20Proof.pdf

[Rohirrim]

Tax breaks for the rich don't create jobs. They create fat bank accounts in the Cayman Islands.

[Smiling Assassin27]

Who the hell do you think you ?

A liar obviously, just like Romney about his tax plan adds up, his healthcare plan that doesn't exist takes care of preexisting conditions when it don't..................THIS IS TRICKLE DOWN AT ITS FINEST.

cALL it what you will but giving to those at the top and HOPING it makes it way to those below them is the exact definition of trickle down.

Pull your head out of Romney's ass


If you've read ANYTHING i've posted, you know i think Romney's a squish and a weasel, so please don't mistake me for a Romney supporter. you're hyperventilating man, you sure you can take your precious savior not being re-elected? probably a good time to make your peace with it.

at any rate, you go ahead and rant all you like. call us names, assume we're heartless, racist, and brainless. i'm sure you'll see a shining example of discourse when you look in the mirror, champ. good luck to your guy tonight.

[nyuk nyuk]

I've already posted a thread explaining there is no such thing as an economic theory called "trickle down," and that there IS evidence showing that another type of economics works which COMBINES tax cuts with spending cuts.

These rant threads are idiotic and belong in the Butt.

[nyuk nyuk]

Give it a read, champ:

http://www.tsowell.com/images/Hoover%20Proof.pdf

Good luck breaking the illiterate liberal iceberg. They've been regurgitating the "trickle down" nonsense like chewed cud for many decades.

I knew it was a good read when I saw Sowell's name on it. He's like me - an ex-Marxist that turned. What I like best about his stuff is the way he simplifies economic topics for the layman reader. Of course being a black conservative means he is a "Tom," thus must be ignored by default.

As quoted in that piece, Woodrow Wilson spoke just like a Republican about taxation :

The Congress might well consider whether the higher rates
of income and profits taxes can in peace times be effectively
productive of revenue, and whether they may not, on the contrary,
be destructive of business activity and productive of waste and
inefficiency. There is a point at which in peace times high rates of
income and profits taxes discourage energy, remove the incentive to
new enterprise, encourage extravagant expenditures, and produce
industrial stagnation with consequent unemployment and other
attendant evils.

Sowell then correctly mentions the role media spin play in the results of lowering taxes:

Even when empirical evidence substantiates the arguments made
for cuts in tax rates, such facts are not treated as evidence relevant to
testing a disputed hypothesis, but as isolated curiosities. Thus, when tax
revenues rose in the wake of the tax rate cuts made during the George
W. Bush administration, the New York Times reported: “An unexpectedly
steep rise in tax revenues from corporations and the wealthy is driving
down the projected budget deficit this year.”57 Expectations, of course,
are in the eye of the beholder. However surprising the increases in tax
revenues may have been to the New York Times, they are exactly what
proponents of reducing high tax rates have been expecting, not only from
these particular tax rate cuts, but from similar reductions in high tax
rates at various times going back more than three-quarters of a century.

But let's leave out such inconvenient truths, shall we?

[Rohirrim]

Okay. So in that case, jobs must have climbed after Bush cut all those taxes.

http://static1.businessinsider.com/image/4f07154769bedd0957000015/chart-of-the-day-unemployment-rate-vs-job-growth-jan-6-2012.jpg

Hmmm. I guess not. What did the rich use all that money for if not to create jobs? Ah! They probably raised wages on workers because productivity went up.

http://i242.photobucket.com/albums/ff90/AvaBrendan/536.png

I guess not. Damn! Where did all that money go?

[TonyR]

[E]conomic theory is unambiguous that holding taxes constant and reducing marginal rates will increase growth. But it is important to understand that this effect is neither large nor instantaneous. At best, it will raise the long-term trend rate of growth by perhaps tenths of a percent. With compounding, the effect can eventually be large. But the idea that tax reform will jump-start an economy suffering from the after-effects of a cyclical downturn is nonsense. http://economix.blogs.nytimes.com/2012/10/16/romneys-tax-plan-and-economic-growth/

[ZONA]

Trickle down taxes don't help the "little man" but democrats cling to that idiot belief taxing the rich creates jobs and the "little man" doesn't get hurt in the process. WRONG!

Democrats don't believe taxing the rich creates jobs, that's just what right wing fanatics want you to believe and looks like they've succeeded. Democrats just don't believe that the richest should pay less tax then a janitor. Don't you get it? Nah, of course you don't. You hear what you want to hear. Same ole'

[barryr]

Democrats don't believe taxing the rich creates jobs, that's just what right wing fanatics want you to believe and looks like they've succeeded. Democrats just don't believe that the richest should pay less tax then a janitor. Don't you get it? Nah, of course you don't. You hear what you want to hear. Same ole'

LOL, while you believe just taxing the rich doesn't trickle down to all, which history shows it does. But it won't the next time. Yikes. What a genius.

[Jetmeck]

LOL, while you believe just taxing the rich doesn't trickle down to all, which history shows it does. But it won't the next time. Yikes. What a genius.

30 years the rich have gotten richer and the middle class has been stagment.....................your wrong as usual

[Meck77]

30 years the rich have gotten richer and the middle class has been stagment.....................your wrong as usual

Ha!

You're wrong as usual. http://www.elearnenglishlanguage.com/difficulties/youryoure.html

Stagment?

Forget looking for a job. You need to go back to school.

[Doggcow]

30 years the rich have gotten richer and the middle class has been stagment.....................your wrong as usual

stagment and proper your usage in the same post.

[L.A. BRONCOS FAN]

https://sphotos-b.xx.fbcdn.net/hphotos-ash3/68448_427988533926898_113705298_n.jpg

[L.A. BRONCOS FAN]

stagment and proper your usage in the same post.

Funny - most right-wingers on this board write at about a fifth-grade level.

However, when you call them on their grammatical or spelling errors, they accuse you of nit-picking, pettiness, etc.

No surprise these are the same hypocrites who rant about immigrants who refuse to learn English when they don't bother to learn it themselves.

[Pony Boy]

Republicans have been using the TRICKLE DOWN theory since Reagan...........................
How about it middle class ... do you feel it has worked ?

Is Romney using some new and improved version of TRICKLE DOWN ?


Same old, same old.

Middle class......trickle down or pissed on ?

How do you feel about it ?
Help the ones with the most and screw the poor ?

Sound right to you ?

Wow are you full of hate ........ I hope we can return to the "same old, same old" as you call it.


I'm retired but still own a business that has a solid track record for the past 3 decades. I did quite well during the Regan, Clinton and Bush years. The only rough times were during the Carter years when I bought a new house in Denver at a 12% interest rate which was excellent at the time. I had friends that bought homes at 18%.

I now spend most of my time trying to Obama proof my retirement fund. I'm lucky that I have access to an excellent heath care plan that doesn't fall under any Obama Care restrictions and rules.

I've been married for 37 year and a son and a daughter that are both very successful in life. My son has been a member of the OM since its beginning and still posts on a regular basis but never on the WRP.

[Rohirrim]

http://currydemocrats.org/in_perspective/financial_wealth_pie_chart.png

This is not a good picture.

[Kaylore]

Dems don't get that businesses are going to hit their profit margin. If you tax them, they offset that tax cost by raising prices on their goods and services. That means the consumer pays more, or worse, doesn't buy it and the economy slows.

But hey! We have set records for putting people on food stamps this year! Maybe we can just get 25% of the country on food stamps! That's compassion! ::)

[chadta]

Dems don't get that businesses are going to hit their profit margin. If you tax them, they offset that tax cost by raising prices on their goods and services. That means the consumer pays more, or worse, doesn't buy it and the economy slows.

this is exactly why raising taxes is a bad idea.

[orinjkrush]

TARP, QE1, QE2, QEinfinity are all trickle-down mechanisms. and they AREN'T working for the American people. They are working just fine for the Wall Street Gaming Commission though.

[L.A. BRONCOS FAN]

TARP, QE1, QE2, QEinfinity are all trickle-down mechanisms. and they AREN'T working for the American people. They are working just fine for the Wall Street Gaming Commission though.

FTW. :yep:

[nyuk nyuk]

TARP, QE1, QE2, QEinfinity are all trickle-down mechanisms. and they AREN'T working for the American people. They are working just fine for the Wall Street Gaming Commission though.

Except there is no such thing as "trickle down" economic theory, but don't let such an inconvenience stop you.

[L.A. BRONCOS FAN]

Except there is no such thing as "trickle down" economic theory, but don't let such an inconvenience stop you.

L0L @ you trying to distance yourself from the central pillar of your ideology. Ha!

https://sphotos-a.xx.fbcdn.net/hphotos-snc6/281542_547582378601715_1033789421_n.jpg

[barryr]

L0L @ you trying to distance yourself from the central pillar of your ideology. Ha!

https://sphotos-a.xx.fbcdn.net/hphotos-snc6/281542_547582378601715_1033789421_n.jpg

Yes, "slowly move the taxes down" to people who are hardly considered rich. That is a great strategy for sure in this time of high unemployment.

[L.A. BRONCOS FAN]

Yes, "slowly move the taxes down" to people who are hardly considered rich. That is a great strategy for sure in this time of high unemployment.

The point, which is obviously lost on you, is that even some conservative economists admit there's no way to reduce the debt without raising taxes on your beloved kleptocrats.

https://sphotos-a.xx.fbcdn.net/hphotos-snc7/579385_428345220557896_1570426814_n.jpg

[L.A. BRONCOS FAN]

https://sphotos-b.xx.fbcdn.net/hphotos-snc7/425635_428345417224543_985183234_n.jpg