Skip to main content

Reply to "Good news about jobs and wages"

quote:
Originally posted by Southern Patriot:
quote:
Originally posted by excelman:
working stiff. TRICKLE DOWN ECONOMICS IS A HORRIBLE MYTH - IT JUST DOES NOT TRICKLE DOWN.

My personal distain for this president does not color my views on this at all.


Where do you think the new jobs came from? If you didn't have "trickle down" there wouldn't be any new jobs. As an aside, I'm not sure where you live, but where I am NOBODY is seeing their investment in their home LOSE money. Also, the article made the point that average wages also went up during the time frame covered by the report.


Let me explain "trickle down economics" (called 'Voodoo economics" by Bush 41) to you.
That theory says that if the government gives large tax breaks to the owners of Budweiser, they will build more breweries, and hire more people, to produce more beer. You the working stiff, will spend more money buying beer, because there is more of it, and every one will be happy.
My theory, on the other hand is "trickle up economics". I believe that if you give the tax breaks to me , the working stiff, I will have more money to spend on leasure . I will buy more beer, causing a shortage , which Budweiser will notice and build more breweries, which will hire more people, and everybody will be happy.
Which of those 2 scenarios is more logical to you?

Untitled Document
×
×
×
×