What's wrong with trickle UP economics? | |
Anonymous Coward User ID: 519178 United States 10/17/2008 10:11 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 490531 United States 10/17/2008 10:13 AM Report Abusive Post Report Copyright Violation | |
Poe (OP) User ID: 284011 United States 10/17/2008 10:13 AM Report Abusive Post Report Copyright Violation | Shhhhh....You're making sense! TPTB will now have to, um well...keep you quiet! Quoting: Anonymous Coward 519178Ahhhhhhhhhhhhhhhh! Hide me! “Whatever women must do they must do twice as well as men to be thought half as good. Luckily, this is not difficult.” ~ Charlotte Whitton |
Anonymous Coward User ID: 519363 United States 10/17/2008 10:16 AM Report Abusive Post Report Copyright Violation | It seems to me that trickle up economics would benefit the economy better than trickle down economics. Quoting: PoeCorporate greed is purely self serving. Oh, what, we get jobs out of it? Thanks for the wage slave status. Any extra money that corporations get is tucked away, hidden, sent to other countries, given to a few elite executives in large bonuses, ect. It's not trickling down. Consumer greed on the other hand would benefit every aspect of our economy. Consumer greed means Americans will spend, save, and invest any extra money that they have putting cash into every major industry that is currently hurting. Trickling up seems alot more all-encompassing and a better idea all around. Agreed! Trickle down economics has offically died with W at the helm. It was a good idea in theory, but only truely benefitted one class of people, created wedges and disparity and ultimately broke the back of the economy. It's time to grow the middle class and elevate the poor. There will still be more money for the financial titans of the world, but it is time to make wealth more accessable to average people and not just the most fortuante memebers of our society. |
Reece2076 User ID: 527538 China 10/17/2008 10:19 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 513536 United States 10/17/2008 10:21 AM Report Abusive Post Report Copyright Violation | The problem with the "trickle down" theory is that when the top is left unchecked, this very situation that we are in is inevitable. If trickle down is going to work, then we need to make sure that the "wages" are proportionate from the top down. Right now the "wages" are setup to give the top 90%, and let the rest of us duke it out for the scraps. I'd be pretty scared if I were a CEO mixed up in this mess...the people are getting pretty pissed off. Of course, the CEOs can afford to "hide" out of the country when TSHTF. |
Anonymous Coward User ID: 513536 United States 10/17/2008 10:22 AM Report Abusive Post Report Copyright Violation | It seems to me that trickle up economics would benefit the economy better than trickle down economics. Quoting: Anonymous Coward 519363Corporate greed is purely self serving. Oh, what, we get jobs out of it? Thanks for the wage slave status. Any extra money that corporations get is tucked away, hidden, sent to other countries, given to a few elite executives in large bonuses, ect. It's not trickling down. Consumer greed on the other hand would benefit every aspect of our economy. Consumer greed means Americans will spend, save, and invest any extra money that they have putting cash into every major industry that is currently hurting. Trickling up seems alot more all-encompassing and a better idea all around. Agreed! Trickle down economics has offically died with W at the helm. It was a good idea in theory, but only truely benefitted one class of people, created wedges and disparity and ultimately broke the back of the economy. It's time to grow the middle class and elevate the poor. There will still be more money for the financial titans of the world, but it is time to make wealth more accessable to average people and not just the most fortuante memebers of our society. Aaaah, beat me to it. LOL |
ambiguity unlimited User ID: 528517 United States 10/17/2008 11:05 AM Report Abusive Post Report Copyright Violation | |
Poe (OP) User ID: 284011 United States 10/17/2008 11:11 AM Report Abusive Post Report Copyright Violation | trickle up????.... no, no, no we cant have that.... after all, the builders of "mega-yachts", ferrarri, porsche, rolls-royce, caviar importers, and dressage stables could be affected.... polo is very important to our economy.... Quoting: ambiguity unlimitedI know, all the things that really matter and really drive our economy! LOL “Whatever women must do they must do twice as well as men to be thought half as good. Luckily, this is not difficult.” ~ Charlotte Whitton |
test of time User ID: 251874 United States 10/17/2008 11:48 AM Report Abusive Post Report Copyright Violation | |
Poe (OP) User ID: 284011 United States 10/17/2008 11:52 AM Report Abusive Post Report Copyright Violation | Very soon now, if not already, the elite capitalist power brokers are going to find themselves in an indefensible position. Quoting: test of time 251874We are no longer fooled by their illusory superiority. They're doing it for us! So we can have jobs. “Whatever women must do they must do twice as well as men to be thought half as good. Luckily, this is not difficult.” ~ Charlotte Whitton |
Anonymous Coward User ID: 465333 United States 10/17/2008 11:55 AM Report Abusive Post Report Copyright Violation | The one thing people are scared most of is freedom. That includes freedom to work for yourself and be responsible for yourself. Much easier to get a cushy no-brainer job (low end or high) end and collect a paycheck and benefits every month. Worker-sheep status is about mental laziness and failure to assume moral responsibility for your own labor. If you leave the world up to "workers" there will be no work. It would be back to medieval times or worse. The idea of capitalism is to encourage people to work for themselves, acquire property, be a responsible citizen instead of a lazy, passive serf. |
Anonymous Coward User ID: 148742 United States 10/17/2008 11:56 AM Report Abusive Post Report Copyright Violation | |
Apocalypse Troll Trollicus Apocalyptus User ID: 4316 United States 10/17/2008 11:58 AM Report Abusive Post Report Copyright Violation | LOL Who creates the jobs in trickle up economics? The "People"? Good luck with that. Works real well in China, eh? [link to www.gwu.edu] "Honor the Texas flag; I pledge allegiance to thee, Texas, one state under God, one and indivisible." [link to www.statutes.legis.state.tx.us] |
Poe (OP) User ID: 284011 United States 10/17/2008 12:01 PM Report Abusive Post Report Copyright Violation | The idea of capitalism is to encourage people to work for themselves, acquire property, be a responsible citizen instead of a lazy, passive serf. Quoting: Anonymous Coward 465333Right, that's exactly what's happening in our country. We're the perfect example. It works so well. “Whatever women must do they must do twice as well as men to be thought half as good. Luckily, this is not difficult.” ~ Charlotte Whitton |
Poe (OP) User ID: 284011 United States 10/17/2008 12:03 PM Report Abusive Post Report Copyright Violation | LOL Quoting: Apocalypse TrollWho creates the jobs in trickle up economics? The "People"? Good luck with that. Works real well in China, eh? [link to www.gwu.edu] I think I'm referring to the current "bail out" system we have going on. It's not going to do a GD thing for the economy. And then everyone is going to lose their jobs anyway. But according to our AC friend, yes, the people would create the jobs. “Whatever women must do they must do twice as well as men to be thought half as good. Luckily, this is not difficult.” ~ Charlotte Whitton |
Anonymous Coward User ID: 465333 United States 10/17/2008 12:08 PM Report Abusive Post Report Copyright Violation | I think I'm referring to the current "bail out" system we have going on. It's not going to do a GD thing for the economy. And then everyone is going to lose their jobs anyway. Quoting: PoeProbably true. Not that barely concealed Marxism is going to solve problems either. Giving wealth to people who cannot handle it is like pouring water into sand. You never run out of dry parched sand, but pretty soon you do run out of water. |
Poe (OP) User ID: 284011 United States 10/17/2008 12:15 PM Report Abusive Post Report Copyright Violation | Probably true. Not that barely concealed Marxism is going to solve problems either. Giving wealth to people who cannot handle it is like pouring water into sand. You never run out of dry parched sand, but pretty soon you do run out of water. Quoting: Anonymous Coward 465333We have marxism either way, but it's ok when it's for rich people. Agreed, an unending supply of wealth to idiots doesn't help anything. I think I'm referring more to the middle class here. Give them some money, they do what they will, the balance is restored and you don't make the same mistakes so it doesn't happen again. “Whatever women must do they must do twice as well as men to be thought half as good. Luckily, this is not difficult.” ~ Charlotte Whitton |
Anonymous Coward User ID: 520854 United States 10/17/2008 12:19 PM Report Abusive Post Report Copyright Violation | Agreed that trickle down is BS, but trickle up is also such. A desire exists to give people something for nothing. Social engineering does not work. We need fairer business practices and oversight on corporate behavior. The reality is those with the power to create jobs have the money. If they don't like the business environment they won't invest and create new jobs. If Obama wins he will make the recession much worse with his idea. |
Poe (OP) User ID: 284011 United States 10/17/2008 12:20 PM Report Abusive Post Report Copyright Violation | Agreed that trickle down is BS, but trickle up is also such. Quoting: Anonymous Coward 520854A desire exists to give people something for nothing. Social engineering does not work. We need fairer business practices and oversight on corporate behavior. Definitely. I'm not talking long term. Just the solution to our current problem. I don't think the whole trickle down thing is going to work in this situation. “Whatever women must do they must do twice as well as men to be thought half as good. Luckily, this is not difficult.” ~ Charlotte Whitton |