“TRICKLE DOWN” is a “NEO-CON” gimmick by which the wealth of this nation is put into their hands. The theory of the “TRICKLE DOWN” is the money that is pushed to the top, via tax breaks and investment policies which of course causes the national debt to soar, is supposed to trickle down all the way to the bottom. Reagan tried it and the effect that the “TRICKLE DOWN THAT NEVER TRICKLED” had on the economy was one of the reasons that Senior Bush was defeated. As a result Clinton was elected and he lowered the national debt and brought the economy back to a healthy situation.
Then here comes George Jr. and along with him comes “TRICKLE DOWN” once again. With the tax breaks and investment policies back in place big business accumulates huge profits and the Stock market goes wild. After a few years of what seems like a prosperous economy that was of course paid for by another huge national debt and with the citizens living on credit big problems are once again facing the stability of our Great Nation.
I don’t know about you, those that might read this, but I believe that it is time to send Hillary Clinton and those that she will take with her to the White House to once again get the job done. And that old bull s--- about a bush-Clinton-Bush-Clinton dynasty is as far off base as it can possible get.
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Comments: 14
Not that it gets the liberals off the hook. Liberals love to appear to tax the rich because they know that the rich can afford to avoid paying those taxes. Hey look, they got trickle down too; trickle down to their lawyers and accountants.
Everyone loves trickle down; as long as it trickles down to them; or rather floods down.
THREE FREAKIN' PERCENT!
What's funny is how everyone in this country aspires to be wealthy, but very few actually do the work to get there.............and when they do get there, they just have a huge tax bill to pay.
Yes, I said it : the Rich pay too damn much in taxes. Or would you rather the Rich just pay 100% of the taxes?.............you know what that would mean, don't you?
My understanding is that tirckle down is along the lines that those that have money will spend it or invest it and that will pay someones salary. The reverse of that must be trickle up which suggests that those that don't have the money spend and invest nothing so those with money can have more to put under their mattresses.
You may not like it, but from old Henry Ford to Bill Gates, they created a lot of jobs out of nothing. And that was because they got money from people that had it and wanted more.
I will admit my pay always came from those that had more than me, and I am grateful they wanted to make more money, because that meant a job was still there.
I wonder who you consider rich, becasue it sure seems your heroes the Clintons meet my defintion of rich, and they keep trying to make more.
Bret, I hate to disagree with you, but in a true Marxist or communist society I believe it would be those that need get from those that can. From a money distribution that is supposed to be the most fair, though not from an effort perspective. I will admit that since any society is made of up people that true communism has never happened.
I am not sure what you mean, where the money comes from, the Fed prints it?
If you didn;t imply (the money that is pushed to the top) that the tax policies benefit the rich then I am not sure what you your frustration is with "trickle down".
Is it that you think only the rich should pay for our government? If so, then here is a point of disagreement. I belev that unless people have to sacrifice for something they don;t value it and will waste it. It seems that it would be better to have everyone pay a bit (10%) of what they make, then everyone own it. Today if only the rich pay then they should have more say in how it is spent since its their money.
I am not sure that the national debt is so bad, I do believe it needs to be better managed, but at least for the past several years I don't a detrioration to the quality of life in the US.
If we exclude the war what is different in the last 6 years from the previous 8 years?