Why do Republicans believe that "trickle down" economics works?

[Ge_Tech]

Why do Republicans believe that "trickle down" economics works?

Because they are dumb and deluded sheep.

It is interesting that this graph starts just about the time Reagan took office in 1980.

[TsarChasm]

Please tell me how regulating and taxing the crap out a small business is helping to create jobs? Small business needs WAY less regulation and taxation. I don't understand how liberals do not understand this. I am not talking about billion dollar corporations. I am talking about the 1-5 Million dollar a year businesses that employ 1-100 people. Those are Americas lifeblood and deserve to grow. I have worked for many of these types of companies and regulation and government red tape has created nothing but troubled times and lay offs to be able to stay afloat.

[holtmcg]

Please tell me how regulating and taxing the crap out a small business is helping to create jobs? Small business needs WAY less regulation and taxation. I don't understand how liberals do not understand this. I am not talking about billion dollar corporations. I am talking about the 1-5 Million dollar a year businesses that employ 1-100 people. Those are Americas lifeblood and deserve to grow. I have worked for many of these types of companies and regulation and government red tape has created nothing but troubled times and lay offs to be able to stay afloat.

America hates small businesses. Always has, always will.

[Qong]

The amount of entitlement in this country is incredible. I work full time, 10 hour shifts. Then you have people who are fully capable of working but choose not to. They get everything for free so there is no incentive for them to better themselves. I don't care how much money rich people have. If I want more money I am going to work for it, not make excuses. I never understood all of this "Spread the wealth" nonsense. Go earn your own money.

Agreed. It's the worst when the complainers are people who already have so much. These are the type of people who are never happy with what they have and will always find a reason to blame someone else for the things that they don't, whether it be a physical object or something intangible. There's always something for them to complain about. There's always something that they can blame on other people. That mentality is poisonous for the person that has it and for the country as a whole. It bleeds into public life and always ends up reducing freedom for the rest of us.

You have a great attitude there and mine is very similar. If I want something I work for it. If I want to do something I do it. If I want to learn and understand something I study it. We can't ask other people to do these things for us and if we fail we can't blame other people for it.

[Aesthetical]

This is exactly it. All economies work best when they are interfered with as little as possible. We don't need the government telling us what to do and telling us where our money should go. The less that happens the better off we all are.

Then why is it that these rich capitalists are throwing their money around lining politicians pockets so that they can pass laws in favor of the rich. They are the ones involving government, but then you cry when the majority of the population wants government to take action against them.

[Stizzel]

Then why is it that these rich capitalists are throwing their money around lining politicians pockets so that they can pass laws in favor of the rich. They are the ones involving government, but then you cry when the majority of the population wants government to take action against them.

Government serves the rich

Government is constantly regulating

Regulations favor the rich

[cashinout]

Then why is it that these rich capitalists are throwing their money around lining politicians pockets so that they can pass laws in favor of the rich. They are the ones involving government, but then you cry when the majority of the population wants government to take action against them.

because lobbying a right that is available to all americans? do you know what unions are? interest groups?

You realize you can go and lobby your congressman day and night if you want to

and to your second point, if the majority want the government to take action, why hasn't it yet? what will MORE government do to fix that? why does the government need more tax money to fix itself?

[jro9999]

because lobbying a right that is available to all americans? do you know what unions are? interest groups?

You realize you can go and lobby your congressman day and night if you want to

Yeah that's a nice idea and all but it's not the reality of what actually happens

What do you think will happen when one private individual tries to lobby a politician to change his mind on a certain issue when big bank/big oil/big telecom/insert other giant conglomerate here slips him $100,000 "donation" through a super-PAC

Then those same people go and do that to every single other candidate, on both sides of the aisle, until there's no one left

[cashinout]

Yeah that's a nice idea and all but it's not the reality of what actually happens

What do you think will happen when one private individual tries to lobby a politician to change his mind on a certain issue when big bank/big oil/big telecom/insert other giant conglomerate here slips him $100,000 "donation" through a super-PAC

Then those same people go and do that to every single other candidate, on both sides of the aisle, until there's no one left

if this is the problem, then how is the solution to hand the government more money from the average joe?

[jro9999]

if this is the problem, then how is the solution to hand the government more money from the average joe?

in theory:

- get rid of money flowing into politics
- alter government to cater to average joe instead of global mega-wealthy

the way our current system is now - voting doesnt matter. we dont vote on things like war or foreign policy, these things affect the country as a whole and politicians are merely puppets for whatever their donors want them to say. you cannot expect problems to be solved with a government that is being run by outside interests

in reality:

- we'll never truly know until it happens

[Stizzel]

in theory:

- get rid of money flowing into politics
- alter government to cater to average joe instead of global mega-wealthy

the way our current system is now - voting doesnt matter. we dont vote on things like war or foreign policy, these things affect the country as a whole and politicians are merely puppets for whatever their donors want them to say. you cannot expect problems to be solved with a government that is being run by outside interests

in reality:

- we'll never truly know until it happens

We already have a way to do this that is proven to work. It's called capitalism

[trailwarrior]

Here's a challenge for you: find the originator of the words "trickle down".

You'll come to find that it was never a phrase offered up by anybody involved in Reagan's administration, but was a derogatory term created by leftists who don't understand economics to misconstrue the state of the economy.

The more you know.

Even George Bush Sr knew Reagonomics (Trickle-Down) was only going to trickle-on the middle class when he ran against Reagan in 1980. He even called it 'Voodoo Economics'...LOL !!!!!

[trailwarrior]

Conservatives knew "trickle-down economics" wasn't going to benefit the middle class as they said it would. Their philosophy was to put an end to the growing prosperity of the middle class because the modern conservative sees a prosperous middle class as a threat to society.

- Russell Kirk started the modern conservative movement with 1951 release of his book The Conservative Mind where he warns that a prosperous middle class is threat to society.
- Lewis Powell wrote The Powell Manifesto which paved the way for conservatives to stifle the middle class.
- Reagan took advantage of the newly granted privileges afforded corporations by The Supreme Court after the corporate coupe d'etat.

http://reclaimdemocracy.org/powell_memo_lewis
Powell’s 1971 memo to the Chamber of Commerce laid out a corporate rights and a corporate power campaign. The Chamber and the largest corporations then implemented these recommendations with zeal, piles of money, patience, and an activist Supreme Court. In equating corporations with “We, the People” in our Constitution, no justice would be more of an activist than Lewis Powell after he joined the Supreme Court in 1972...Powell, of course, could not have acted alone. He could not have moved a majority of the Court to create corporate rights if no one had listened to his advice to organize corporate political power to demand corporate rights. Listen they did — with the help of just the sort of massive corporate funding that Powell proposed. Corporations and corporate executives funded a wave of new “legal foundations” in the 1970s. These legal foundations were intended to drive into every court and public body in the land the same radical message, repeated over and over again, until the bizarre began to sound normal: corporations are persons with constitutional rights against which the laws of the people must fall.

http://www.heist-themovie.com/powellMemo.html
Written over 40 years ago by the future Supreme Court Justice Lewis Powell, at the behest of the US Chamber of Commerce, the 6-page memo, a free-market utopian treatise, called for a money fueled big business makeover of government through corporate control of the media, academia, the pulpit, arts and sciences and destruction of organized labor and consumer protection groups. But Powell’s real “end game” was business control of law and politics, culminating in the infamous Citizens United Case that concluded that corporations could give unlimited amounts of money to political campaigns.

[Liff_Wates]

What is the left's alternative to "trickle down" and what steps would need to be taken to implement it?

[jro9999]

Conservatives knew "trickle-down economics" wasn't going to benefit the middle class as they said it would. Their philosophy was to put an end to the growing prosperity of the middle class because the 'modern conservative' sees a prosperous middle class as a threat to society.

- Russell Kirk started the modern conservative movement with 1951 release of his book The Conservative Mind where he warns that a prosperous middle class is threat to society.
- Lewis Powell wrote The Powell Manifesto which paved the way for conservatives to stifle the middle class.
- Reagan took advantage of the newly granted privileges afforded corporations by The Supreme Court after the corporate coupe d'etat.

http://reclaimdemocracy.org/powell_memo_lewis
Powell’s 1971 memo to the Chamber of Commerce laid out a corporate rights and a corporate power campaign. The Chamber and the largest corporations then implemented these recommendations with zeal, piles of money, patience, and an activist Supreme Court. In equating corporations with “We, the People” in our Constitution, no justice would be more of an activist than Lewis Powell after he joined the Supreme Court in 1972...Powell, of course, could not have acted alone. He could not have moved a majority of the Court to create corporate rights if no one had listened to his advice to organize corporate political power to demand corporate rights. Listen they did — with the help of just the sort of massive corporate funding that Powell proposed. Corporations and corporate executives funded a wave of new “legal foundations” in the 1970s. These legal foundations were intended to drive into every court and public body in the land the same radical message, repeated over and over again, until the bizarre began to sound normal: corporations are persons with constitutional rights against which the laws of the people must fall.

http://www.heist-themovie.com/powellMemo.html
Written over 40 years ago by the future Supreme Court Justice Lewis Powell, at the behest of the US Chamber of Commerce, the 6-page memo, a free-market utopian treatise, called for a money fueled big business makeover of government through corporate control of the media, academia, the pulpit, arts and sciences and destruction of organized labor and consumer protection groups. But Powell’s real “end game” was business control of law and politics, culminating in the infamous Citizens United Case that concluded that corporations could give unlimited amounts of money to political campaigns.

[Qong]

Then why is it that these rich capitalists are throwing their money around lining politicians pockets so that they can pass laws in favor of the rich. They are the ones involving government, but then you cry when the majority of the population wants government to take action against them.

I think that the government should stay out of private matters. They shouldn't be passing anything that interferes with an individual's freedom to do what he wants to do and to pursue what he wants to pursue.

Money is in politics (and it isn't just "rich capitalists" supplying the money. As another poster said, lobbying comes from people of all economic backgrounds with every ideological position trying to give themselves an unjust edge on everyone else via cronyism and corruption) because our government is too large and has extended its reach too far. We need a smaller government. The less government interference we have the more freedom we all have to do what we want to do with our lives. If the government was small and had little power then there would be no reason for anyone to lobby them for benefits.

We have to understand what the government is there for. It shouldn't be dictating which source of energy a company can use. It shouldn't be giving out special benefits to certain people and specific groups. It shouldn't be handling the retirement of the citizenry. The government is too big. It's involved in things that it should not be involved in. We need less government. Not more. The less the government is involved and the less control it has over our lives the better off we all are, economically and otherwise.

[tnel00]

Yeah that's a nice idea and all but it's not the reality of what actually happens

What do you think will happen when one private individual tries to lobby a politician to change his mind on a certain issue when big bank/big oil/big telecom/insert other giant conglomerate here slips him $100,000 "donation" through a super-PAC

Then those same people go and do that to every single other candidate, on both sides of the aisle, until there's no one left

That's not how corporate contributions or Super Pac's work

[TAWS6]

Amd not a single person was talking about that ITT...

Agreed. It's the worst when the complainers are people who already have so much. These are the type of people who are never happy with what they have and will always find a reason to blame someone else for the things that they don't, whether it be a physical object or something intangible. There's always something for them to complain about. There's always something that they can blame on other people. That mentality is poisonous for the person that has it and for the country as a whole. It bleeds into public life and always ends up reducing freedom for the rest of us.

You have a great attitude there and mine is very similar. If I want something I work for it. If I want to do something I do it. If I want to learn and understand something I study it. We can't ask other people to do these things for us and if we fail we can't blame other people for it.

Yup. The mentality nowadays is "everyone deserves a trophy". Absolutely zero work ethic. I'm not even a republican and i'm tired of all these candidates promising "free stuff".

[Stizzel]

What is the left's alternative to "trickle down" and what steps would need to be taken to implement it?

Trickle up econics aka the keynesian multiplier. Just as retarded but it appeals to emotion so these cucks cant resist it.

[holtmcg]

If the government wanted to further increase taxes on the 1% and redistribute said increase as checks to the 99%, it would benefit my "interests" but is it morally right? I don't give a fuk how much a billionaire pays in taxes, means nothing to me because there's plenty of money out there for all of us. Not like they're earning the only money that's in circulation, LOL! This is America sonny jim. If you can't earn a decent living in this country, you have no one to blame but yourself srs. Ever notice immigrants don't complain about this sh*t? LOL there's a term a lot of foreigners use to describe the USA: "lazy Americans" LOL

Our economic system doesn't work. It's been proven. You can earn a decent living here absolutely, but it doesn't benefit you. If you're not in the upper 1%, trickle down economics f*cks you over. That's just the way it is.

[TheFornicator1]

Our economic system doesn't work. It's been proven. You can earn a decent living here absolutely, but it doesn't benefit you. If you're not in the upper 1%, trickle down economics f*cks you over. That's just the way it is.

lmao@this whole post

[Liff_Wates]

Trickle up econics aka the keynesian multiplier. Just as retarded but it appeals to emotion so these cucks cant resist it.

So more government spending. No wonder trickle down bashers never mention their alternative.

[holtmcg]

So more government spending. No wonder trickle down bashers never mention their alternative.

Keynesian economics works. It's been proven, literally, that trickle down economics doesn't.

[Liff_Wates]

Keynesian economics works. It's been proven, literally, that trickle down economics doesn't.

Ok so the alternative is to increase taxes on the rich and have the government spend it on ________?

[holtmcg]

Ok so the alternative is to increase taxes on the rich and have the government spend it on ________?

Keynesian principles actually have a tighter grip on government spending, unlike trickle down.

[tbone73]

The amount of entitlement in this country is incredible. I work full time, 10 hour shifts. Then you have people who are fully capable of working but choose not to. They get everything for free so there is no incentive for them to better themselves. I don't care how much money rich people have. If I want more money I am going to work for it, not make excuses. I never understood all of this "Spread the wealth" nonsense. Go earn your own money.

This! Absolutely!

[Austanian]

Keynesian economics works. It's been proven, literally, that trickle down economics doesn't.

So how do you deal with the fact that product cost is a factor in determining equilibrium price?

In what world do you live in where you can increase the cost of production and the consumer not lose utility?

[Stizzel]

Keynesian principles actually have a tighter grip on government spending, unlike trickle down.

Keynes thought you could create wealth by burying jars full of money.

[showtime2389]

When it has been a proven failure? We are still, economically speaking, feeling the effects of retard Reaganomics. Why can't we fix this? (very, very serious)

negged

[holtmcg]

Keynes thought you could create wealth by burying jars full of money.

No he didn't.