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How did that trickle down economy work for you?

 
Catman
User ID: 1471027
Spain
07/17/2011 03:01 AM
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How did that trickle down economy work for you?
It trickled us right into a depression, it looks like.

Supply side economics is to blame.
Anonymous Coward
User ID: 1468613
Australia
07/17/2011 03:02 AM
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Re: How did that trickle down economy work for you?
Felt more like getting pissed on!
Anonymous Coward
User ID: 1230442
United States
07/17/2011 03:03 AM
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Re: How did that trickle down economy work for you?
It's more like trickle up poverty.
Anonymous Coward
User ID: 794598
United States
07/17/2011 03:09 AM
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Re: How did that trickle down economy work for you?
Overstock.com is leading a good fight against the beast of economic terrorism... [link to www.overstock.com]
Coward, Anonymous
FEMA Region IX.

User ID: 1470984
United States
07/17/2011 04:12 AM

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Re: How did that trickle down economy work for you?
It was working pretty well, not perfectly but pretty well, until Clinton signed into law the death nell to the US economy, the repeal of Glass-Steagall.

Better than anything since.

Last Edited by Anonymous Cowherder on 07/17/2011 04:13 AM
I'm a Libertarian Constitutionalist.

I don't give a shit what you do with your own life, whether you make it a success or a failure, that is the outcome of the choices you make, but please take responsibility for yourself and don't make ME pay for YOUR choices and we're all good.

Repeal the 17th Amendment and the Apportionment Act of 1911!

Thread: First steps down the road to a return to the Constitutional Republic that we were intended to be.

Restore the Republic.

It's a flower, not something to be feared.

cow - Moo!
Anonymous Coward
User ID: 1037929
United States
07/17/2011 04:25 AM
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Re: How did that trickle down economy work for you?
It trickled us right into a depression, it looks like.

Supply side economics is to blame.
 Quoting: Catman 1471027


Supply side economics was under Reagan. We have been doing neokeynsian economics which was previously discredited.
Anonymous Coward
User ID: 419649
United States
07/17/2011 04:37 AM
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Re: How did that trickle down economy work for you?
yesh and that .com /ipo bs didn't work either you idiot... there was nothing behind all that BS either... just idiots chasing that crap
HAHAHA
User ID: 1442352
United States
07/17/2011 04:49 AM
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Re: How did that trickle down economy work for you?
It was working pretty well, not perfectly but pretty well, until Clinton signed into law the death nell to the US economy, the repeal of Glass-Steagall.

Better than anything since.
 Quoting: Coward, Anonymous


SLICK WILLEY SIGNED ALL THOSE R-CON PUSHED BILLS INTO LAW
Coward, Anonymous
FEMA Region IX.

User ID: 1471114
United States
07/17/2011 05:25 AM

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Re: How did that trickle down economy work for you?
It was working pretty well, not perfectly but pretty well, until Clinton signed into law the death nell to the US economy, the repeal of Glass-Steagall.

Better than anything since.
 Quoting: Coward, Anonymous


SLICK WILLEY SIGNED ALL THOSE R-CON PUSHED BILLS INTO LAW
 Quoting: HAHAHA 1442352


there were many co-conspirators, of all political leanings.

Still doesn't change who the signature is by.

Get over the R/D bullshit, the only difference is what special interest group they pander to.
I'm a Libertarian Constitutionalist.

I don't give a shit what you do with your own life, whether you make it a success or a failure, that is the outcome of the choices you make, but please take responsibility for yourself and don't make ME pay for YOUR choices and we're all good.

Repeal the 17th Amendment and the Apportionment Act of 1911!

Thread: First steps down the road to a return to the Constitutional Republic that we were intended to be.

Restore the Republic.

It's a flower, not something to be feared.

cow - Moo!
Anonymous Coward
User ID: 1230784
Spain
07/18/2011 03:07 AM
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Re: How did that trickle down economy work for you?
Massive unemployment, bailouts for the banks, etc, etc.

It didn't work so well so far.
Anonymous Coward
User ID: 815644
United States
07/18/2011 03:10 AM
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Re: How did that trickle down economy work for you?
Massive unemployment, bailouts for the banks, etc, etc.

It didn't work so well so far.
 Quoting: Anonymous Coward 1230784


don't tell that to the top 10% or wage earners!

they're doing lovely.

the rich getting richer, while the poor getting poorer is just what a good Republican relishes!
Anonymous Coward
User ID: 1230784
Spain
07/18/2011 03:12 AM
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Re: How did that trickle down economy work for you?
Massive unemployment, bailouts for the banks, etc, etc.

It didn't work so well so far.
 Quoting: Anonymous Coward 1230784


don't tell that to the top 10% or wage earners!

they're doing lovely.

the rich getting richer, while the poor getting poorer is just what a good Republican relishes!
 Quoting: Anonymous Coward 815644


But what if that gulf between rich and poor gets so big, that the poor kill the rich?
Anonymous Coward
User ID: 815644
United States
07/18/2011 03:18 AM
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Re: How did that trickle down economy work for you?
Massive unemployment, bailouts for the banks, etc, etc.

It didn't work so well so far.
 Quoting: Anonymous Coward 1230784


don't tell that to the top 10% or wage earners!

they're doing lovely.

the rich getting richer, while the poor getting poorer is just what a good Republican relishes!
 Quoting: Anonymous Coward 815644


But what if that gulf between rich and poor gets so big, that the poor kill the rich?
 Quoting: Anonymous Coward 1230784



i suspect it would have an ending similar to 'Animal Farm'; a new "rich" would empower themselves!

i'm so cynical...

God made man, and said he is Very Good! God can't be wrong
Anonymous Coward
User ID: 1470044
United States
07/18/2011 03:19 AM
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Re: How did that trickle down economy work for you?
How did that trickle down economy work for you?
 Quoting: Catman 1471027


The politicians and others who are part of the ruling class robbed people of their money,
handed it over to the corporations/banks which they support,
and promised this would improve the economy.

Their 'trickle down' economy has worked terribly.
Anonymous Coward
User ID: 1221714
United States
07/18/2011 03:21 AM
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Re: How did that trickle down economy work for you?
I actually got a job that pays me well over 100k, because of the economy.
Anonymous Coward
User ID: 1178007
United States
07/18/2011 03:21 AM
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Re: How did that trickle down economy work for you?
You mean the trickle up poverty with all the greenie weenie environmentalism and self-strangulating regulation?
Anonymous Coward
User ID: 1426506
United States
07/18/2011 03:28 AM
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Re: How did that trickle down economy work for you?
Very well.

In 1985, I earned $3.35 per hour.

In 2011, I earn $80 per hour.
Anonymous Coward
User ID: 851754
United States
07/18/2011 03:29 AM
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Re: How did that trickle down economy work for you?
It trickled us right into a depression, it looks like.

Supply side economics is to blame.
 Quoting: Catman 1471027


clappa
Anonymous Coward
User ID: 1394032
United States
07/18/2011 03:31 AM
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Re: How did that trickle down economy work for you?
The trickle down thing was obviously a social philosophy the neocons marketed to Reagan as an economic policy. In real-world terms it was simply Jewish supremacy but to Reagan it apparently explained all the mysteries of his personal existence.
Anonymous Coward
User ID: 815644
United States
07/18/2011 03:33 AM
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Re: How did that trickle down economy work for you?
It trickled us right into a depression, it looks like.

Supply side economics is to blame.
 Quoting: Catman 1471027


clappa
 Quoting: Anonymous Coward 851754


Bush Sr. called it Voo-Doo Economics, and he couldn't have been more correct!
ha
User ID: 1442352
United States
07/18/2011 04:03 AM
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Re: How did that trickle down economy work for you?
It was working pretty well, not perfectly but pretty well, until Clinton signed into law the death nell to the US economy, the repeal of Glass-Steagall.

Better than anything since.
 Quoting: Coward, Anonymous


SLICK WILLEY SIGNED ALL THOSE R-CON PUSHED BILLS INTO LAW
 Quoting: HAHAHA 1442352


there were many co-conspirators, of all political leanings.

Still doesn't change who the signature is by.

Get over the R/D bullshit, the only difference is what special interest group they pander to.
 Quoting: Coward, Anonymous


Gramm-Leach-Bliley Act Gramm(R-Texas) Leach(R-Iowa) Bliley(R-Virgina)
iknownothingseriously​

User ID: 1413822
United States
07/18/2011 11:18 AM
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Re: How did that trickle down economy work for you?
clappa
I tried being normal. I didn't like it~
Just Me
User ID: 1443283
United States
07/18/2011 12:12 PM
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Re: How did that trickle down economy work for you?
Well, our taxes (all) food, energy have doubled if not tripled since 2000 while wages stagnant and falling.

My wages are still 40% less than I earned in 2000 and have been underemployed (not utilizing all skill sets/education/experience) for the past 11 years, but do have employment although I do realize I am underpaid for the duties I do perform, but not underpaid considering the direction the economy is taking, does that make sense?

Health insurance premiums have tripled.

Housing skyrocketed and crashed and continues to crash.

Banks are insolvent but pretending not to be via phony digits on account.

There are few living wages jobs available, and the ones that are available are either top-tier or bottom of the barrel --- very few in-between.

The trades people are sitting on the books going years without any meaningful employment.

IMHO: Our Congress is giving away digits for free to the top, foreign countries and starving the bottom out of their homes, their energy, their food and any meaningful participation in the economy.

Welfare has skyrocketed, unemployment has skyrocketed, wars have skyrocketed.

Our family has continued to downsize for the past 11 years, with no relief in sight. We continue yearly to cut our budget where ever we can, and we both work FT and no sooner do we cut our budget, and we get hit up with additional expenses, can not get ahead, past 11 years we've just been threading water, playing catch up with the additional inflation in the economy. Raises? We feel fortunate just to have employment.

We've adjusted our expectations more than once, downwards, and keep adjusting downwards. I don't know how far down we're going to have to go.

I guess we'll have to give up our last few goodies, which aren't much, but they gave our lives purpose.

Next stop: No purpose in life anymore but to slave away to continue to just have the bare basics, pay taxes, and die. This is not living, this is just basic survival: stay alive, breath, work, repeat. Many people are in this boat world-wide and sinking fast.

Criminality has skyrocketed in all areas of the economy.

This list could go on and on.

That's how well the trickle-down effect has been going from my observations and opinion.
Anonymous Coward
User ID: 1296248
United States
07/18/2011 12:14 PM
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Re: How did that trickle down economy work for you?
I actually got a job that pays me well over 100k, because of the economy.
 Quoting: Anonymous Coward 1221714


Me too. I guess we must be evil.
Anonymous Coward
User ID: 1296248
United States
07/18/2011 12:14 PM
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Re: How did that trickle down economy work for you?
Well, our taxes (all) food, energy have doubled if not tripled since 2000 while wages stagnant and falling.

My wages are still 40% less than I earned in 2000 and have been underemployed (not utilizing all skill sets/education/experience) for the past 11 years, but do have employment although I do realize I am underpaid for the duties I do perform, but not underpaid considering the direction the economy is taking, does that make sense?

Health insurance premiums have tripled.

Housing skyrocketed and crashed and continues to crash.

Banks are insolvent but pretending not to be via phony digits on account.

There are few living wages jobs available, and the ones that are available are either top-tier or bottom of the barrel --- very few in-between.

The trades people are sitting on the books going years without any meaningful employment.

IMHO: Our Congress is giving away digits for free to the top, foreign countries and starving the bottom out of their homes, their energy, their food and any meaningful participation in the economy.

Welfare has skyrocketed, unemployment has skyrocketed, wars have skyrocketed.

Our family has continued to downsize for the past 11 years, with no relief in sight. We continue yearly to cut our budget where ever we can, and we both work FT and no sooner do we cut our budget, and we get hit up with additional expenses, can not get ahead, past 11 years we've just been threading water, playing catch up with the additional inflation in the economy. Raises? We feel fortunate just to have employment.

We've adjusted our expectations more than once, downwards, and keep adjusting downwards. I don't know how far down we're going to have to go.

I guess we'll have to give up our last few goodies, which aren't much, but they gave our lives purpose.

Next stop: No purpose in life anymore but to slave away to continue to just have the bare basics, pay taxes, and die. This is not living, this is just basic survival: stay alive, breath, work, repeat. Many people are in this boat world-wide and sinking fast.

Criminality has skyrocketed in all areas of the economy.

This list could go on and on.

That's how well the trickle-down effect has been going from my observations and opinion.
 Quoting: Just Me 1443283


So, you're saying you don't like it?

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