| Author |
Topic:
Trickle Down Economy works, for who? [Locked] |
|
|
Date Posted:
1/1/00 12:00am
Subject:
Trickle Down Economy works, for who? |
Koneg posted:
Tych2 posted:
Ignorance is fun for me and I prefer it.
Cool story bro.
what country do you live in?
-----signature-----
Jesus? No, but there is indeed a god shaped hole in the heart of man, why is yours so empty? -- snarf igraine
the original monotheism: http://en.wikipedia.org/wiki/Phallus
|
paulg_68  Posts: 2,469
Registered: 2009-7-27 18:45:54
|
Date Posted:
1/1/00 12:00am
Subject:
Trickle Down Economy works, for who? |
Seething199 posted:
it's one of the great frauds of the last 30 years. and people that still buy into it are hopelessly stupid.
Let me guess, you recognize that targeted tax breaks are bad for every group other than the ones you want to get targeted tax breaks?
-----signature-----
If you wish to make an apple pie from scratch...
http://www.youtube.com/watch?v=zSgiXGELjbc
"Everyone has a chance to become rich." - Groucho48
"Most of the human wealth on earth exists between the ears of live human beings." - theredkay1
|
Sansfear  Posts: 757
Registered: 2008-8-31 05:04:52
|
Date Posted:
1/1/00 12:00am
Subject:
Trickle Down Economy works, for who? |
|
Take a look at the Intel plants here in Chandler (Phoenix suburb).
They were given enormous tax breaks when they moved here and as they continue to expand.
The end result has been thousands of high-paying tech jobs and construction (currently they are doing a multi-billion-dollar expansion that is the 2nd largest construction site in the world) and has the resulted in the influx of hundreds of related business that were started to support the Intel plants.
It has also resulted in the starting of hundreds of non-related businesses to support the influx of the thousands of workers at the plants.
The city initially gave up millions in tax revenue from Intel itself, but has gained far more than that in revenue from all the ancillary businesses and from the workers spending in their local community.
|
|
|
Date Posted:
1/1/00 12:00am
Subject:
Trickle Down Economy works, for who? |
Altra_Shadowstalker posted:
Can someone explain this theory to me? You give tax breaks, less regulations, subsidies to businesses or job creators (the wealthy) and this encourages growth across the board, and everyone involved has a better standard of living, and a greater income? Oh, and you lower barriers for the non-wealthy to reach wealthy status. If it works "Americans" prosper.
Is that about right?
This isn't a gotcha thread, my line of thinking then is to followup on those who support this (i expect to be corrected), with questions:
Who do you include/exclude when talking about Americans or prospering. Citizens? Workers? Those who play the game? Anyone who wants to work?
Why has the wealth gap increased in this country since we've shifted to a trickle down model? Does the wealth gap matter in a trickle down philosophy? Or is everything ok if everyone prospers a little and a select few prospers a lot? (rich get richer and poor can still afford big screen TVs so its ok)
Finally, what happens when the wealthy or job creators refuse to invest in the American economy? For whatever reason, if job growth is stifled, is the solution always going to be to deregulate and reduce taxes? If we accede to the wishes of Big Business and they refuse to play ball, is this an indication of a failure or breakdown in TDE?
Your point is moot because no one wants that. Low fair taxes is a far cry from "give tax breaks". Under a conservative tax plan no one would get "tax breaks". "Regulations" cost everyone money and jobs. Some are just insane. We need fair and understandable "Regulations". "Subsidies to businesses or job creators (the wealthy)" is Obama plan, not conservatives. We don't even think government should have to power to give someone's else money away.
Liberals either don't understand what conservatives want or know that they have to lie to keep their failed policies. Likely equal parts ignorant, stupid and evil.
-----signature-----
There are three kind of liberals;
Stupid, ignorant or evil
The result is always evil but the intent is not always evil. Not that it makes much difference in the long run.
No one here is exactly as they seem. - G'Kar
|
Sin_of_Onin Posts: 1,307
Registered: 2005-6-29 08:21:12
|
Date Posted:
1/1/00 12:00am
Subject:
Trickle Down Economy works, for who? |
Sansfear posted:
Take a look at the Intel plants here in Chandler (Phoenix suburb).
They were given enormous tax breaks when they moved here and as they continue to expand.
The end result has been thousands of high-paying tech jobs and construction (currently they are doing a multi-billion-dollar expansion that is the 2nd largest construction site in the world) and has the resulted in the influx of hundreds of related business that were started to support the Intel plants.
It has also resulted in the starting of hundreds of non-related businesses to support the influx of the thousands of workers at the plants.
The city initially gave up millions in tax revenue from Intel itself, but has gained far more than that in revenue from all the ancillary businesses and from the workers spending in their local community.
Subsidizing is not that different than tariffs. IT is a way for government to protect and foster corporations. That is more corporate welfare than trickle down economics.
-----signature-----
"Okay... I'm with you fellas" --Delmar
F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!
|
GrilledCheez Title: The Lord's Balls
Posts: 1,060
Registered: 2006-3-22 11:06:32
|
Date Posted:
1/1/00 12:00am
Subject:
Trickle Down Economy works, for who? |
the premise behind the theory is true. Rich people are the job creators. What is not true is that giving them money will automatically make them create jobs.
-----signature-----
Another word for expensive is successful.
|
PackHunter Posts: 47
Registered: 2001-12-20 06:39:10
|
Date Posted:
1/1/00 12:00am
Subject:
Trickle Down Economy works, for who? |
Sansfear posted:
Take a look at the Intel plants here in Chandler (Phoenix suburb)...
Wait, giving someone money makes them do something?
THIS IS A SHOCKING ECONOMIC REVELATION!
-----signature-----
"Adapt or Die"
http://www.werenotafraid.com/
http://www.iamnotafraid.ca/
"A friend doesn't mean you're kneeling in front of him" - G. Duceppe
|
|
|
Date Posted:
1/1/00 12:00am
Subject:
Trickle Down Economy works, for who? |
GrilledCheez posted:
the premise behind the theory is true. Rich people are the job creators. What is not true is that giving them money will automatically make them create jobs.
So letting people keep what they earned is "giving them money". Not that I believe in special tax laws to favor one or punish another but at least use terms that are true.
-----signature-----
There are three kind of liberals;
Stupid, ignorant or evil
The result is always evil but the intent is not always evil. Not that it makes much difference in the long run.
No one here is exactly as they seem. - G'Kar
|
|
|
Date Posted:
1/1/00 12:00am
Subject:
Trickle Down Economy works, for who? |
You're assuming a lot in this thread, Fist. Quit being such a liberal. I didn't have a point, considering almost every sentence was a question. But thanks for liberaling my thread up. 
-----signature-----
"Goddammit, Swearengen, I don't trust you as far as I could th'ow you, but I enjoy the way you lie."
I don't typo often, but when I do, I blame Swype.
|
poetkiosk  Title: Snail Hunter
Posts: 297
Registered: 2002-3-17 04:37:03
|
Date Posted:
1/1/00 12:00am
Subject:
Trickle Down Economy works, for who? |
Yukishiro1 posted:
Oh hey, Paul with a stupid semantic post. How unusual.
He was semi interesting like 5 years ago. Now....man its just so tiresome.
-----signature-----
Be careful what you pretend to be
because you are what you pretend to be.
- Kurt Vonnegut
http://www.welcometointernet.org/Jesus%20Cat.swf
|
|
