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What's wrong with trickle UP economics?

 
Poe
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10/17/2008 10:08 AM
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What's wrong with trickle UP economics?
It seems to me that trickle up economics would benefit the economy better than trickle down economics.

Corporate 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.
“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
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10/17/2008 10:11 AM
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Re: What's wrong with trickle UP economics?
Shhhhh....You're making sense! TPTB will now have to, um well...keep you quiet!
Anonymous Coward
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10/17/2008 10:13 AM
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Re: What's wrong with trickle UP economics?
Gravity is against us.
Poe  (OP)

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10/17/2008 10:13 AM
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Re: What's wrong with trickle UP economics?
Shhhhh....You're making sense! TPTB will now have to, um well...keep you quiet!
 Quoting: Anonymous Coward 519178

Ahhhhhhhhhhhhhhhh! 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
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10/17/2008 10:16 AM
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Re: What's wrong with trickle UP economics?
It seems to me that trickle up economics would benefit the economy better than trickle down economics.

Corporate 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.
 Quoting: Poe



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

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10/17/2008 10:19 AM
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Re: What's wrong with trickle UP economics?
Nothing. That's why everyone should vote for









THAT ONE ----> :obpoint:
As Above, So Below

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Anonymous Coward
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10/17/2008 10:21 AM
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Re: What's wrong with trickle UP economics?
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
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10/17/2008 10:22 AM
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Re: What's wrong with trickle UP economics?
It seems to me that trickle up economics would benefit the economy better than trickle down economics.

Corporate 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.
 Quoting: Anonymous Coward 519363



Aaaah, beat me to it. LOL
ambiguity unlimited

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10/17/2008 11:05 AM
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Re: What's wrong with trickle UP economics?
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....
Poe  (OP)

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10/17/2008 11:11 AM
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Re: What's wrong with trickle UP economics?
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 unlimited

I 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
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10/17/2008 11:48 AM
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Re: What's wrong with trickle UP economics?
Very soon now, if not already, the elite capitalist power brokers are going to find themselves in an indefensible position.

We are no longer fooled by their illusory superiority.
Poe  (OP)

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10/17/2008 11:52 AM
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Re: What's wrong with trickle UP economics?
Very soon now, if not already, the elite capitalist power brokers are going to find themselves in an indefensible position.

We are no longer fooled by their illusory superiority.
 Quoting: test of time 251874

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
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10/17/2008 11:55 AM
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Re: What's wrong with trickle UP economics?
Nobody forces anyone to be a wage slave. The US economy and legal system allows entrepreneurship to thrive. The only problem is that most people have a command/obey mentality and decide it's easier just to follow someone else's orders and be a wage worker.

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
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10/17/2008 11:56 AM
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Re: What's wrong with trickle UP economics?
The one thing people are scared most of is freedom.
 Quoting: Anonymous Coward 465333


Freedom is the freedom to say that two plus two make four. If that is granted, all else follows. -1984
Apocalypse Troll
Trollicus Apocalyptus

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10/17/2008 11:58 AM

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Re: What's wrong with trickle UP economics?
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]
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Poe  (OP)

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10/17/2008 12:01 PM
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Re: What's wrong with trickle UP economics?
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 465333

Right, 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)

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10/17/2008 12:03 PM
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Re: What's wrong with trickle UP economics?
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]
 Quoting: Apocalypse Troll

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
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10/17/2008 12:08 PM
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Re: What's wrong with trickle UP economics?
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: Poe


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.
Poe  (OP)

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10/17/2008 12:15 PM
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Re: What's wrong with trickle UP economics?
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 465333

We 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
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10/17/2008 12:19 PM
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Re: What's wrong with trickle UP economics?
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)

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10/17/2008 12:20 PM
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Re: What's wrong with trickle UP economics?
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.
 Quoting: Anonymous Coward 520854

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





GLP