Page 18 of 18 FirstFirst ... 8161718
Results 171 to 179 of 179

Thread: Ap survey: Us income gap is holding back economy

  1. #171
    Gradualist

    Join Date
    Apr 2011
    Last Seen
    09-25-17 @ 12:48 PM
    Lean
    Socialist
    Posts
    34,949
    Blog Entries
    6

    Re: Ap survey: Us income gap is holding back economy

    Quote Originally Posted by scatt View Post
    From your own "source:" "no trickle-down theory has ever existed among economists."
    You forgot that is held by ONE economist.

    To reiterate, there is no economic theory called the trickle down theory, it simply does not exist.
    Yea... About that claims: trickle down economics - Google Scholar


  2. #172
    Guru
    scatt's Avatar
    Join Date
    Dec 2013
    Last Seen
    02-09-17 @ 10:57 AM
    Lean
    Undisclosed
    Posts
    4,721

    Re: Ap survey: Us income gap is holding back economy

    Quote Originally Posted by TheDemSocialist View Post
    You forgot that is held by ONE economist.

    Yea... About that claims: trickle down economics - Google Scholar
    Who is the economist that created the economic theory called the trickle down theory? Joseph J. Boogeyman does not count.

    Google search links are not citations.

  3. #173
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    12-08-17 @ 03:46 PM
    Gender
    Lean
    Conservative
    Posts
    30,272

    Re: Ap survey: Us income gap is holding back economy

    Communism is a failure every time it is tried.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

  4. #174
    Advisor TML's Avatar
    Join Date
    Mar 2013
    Location
    Texas
    Last Seen
    09-23-15 @ 09:45 AM
    Gender
    Lean
    Other
    Posts
    520

    Re: Ap survey: Us income gap is holding back economy

    Quote Originally Posted by Juanita View Post
    I have no metric to offer, but will say--going down memory lane--that when wages were $1.60 an hour, $1.00 bought a lot of stuff.....$7.50 buys practically nothing...
    The Federal Reserve’s legalized counterfeiting and other poicies, and the IRS national income tax, consolidates wealth more to the elites than mere wage increases, redistribution, or other such laws or philosphies will remedy. The first step in balancing the “reverse Robin Hood” is the abolition of those things to curtail global economic elites, and deregulating legislation that makes it so hard for new businesses to spring up and create competition. Think about the raise the working man would get from not paying federal income tax, while stifling inflation that causes cost of living to go up without the pay increases to go with it. The minimum wage, or wage issue in general is more treating the symptom rather than the disease.
    In matters of style, swim with the current; In matters of principle, stand like a rock.

  5. #175
    Guru
    Juanita's Avatar
    Join Date
    Jun 2013
    Location
    now? COLORADO
    Last Seen
    04-27-16 @ 03:50 AM
    Gender
    Lean
    Progressive
    Posts
    3,981

    Re: Ap survey: Us income gap is holding back economy

    Quote Originally Posted by TML View Post
    The Federal Reserve’s legalized counterfeiting and other poicies, and the IRS national income tax, consolidates wealth more to the elites than mere wage increases, redistribution, or other such laws or philosphies will remedy. The first step in balancing the “reverse Robin Hood” is the abolition of those things to curtail global economic elites, and deregulating legislation that makes it so hard for new businesses to spring up and create competition. Think about the raise the working man would get from not paying federal income tax, while stifling inflation that causes cost of living to go up without the pay increases to go with it. The minimum wage, or wage issue in general is more treating the symptom rather than the disease.


    .....or could the higher prices simply be greed....I'm a big catalogue shopper and what I paid $10 for last year now costs $16...

  6. #176
    Advisor TML's Avatar
    Join Date
    Mar 2013
    Location
    Texas
    Last Seen
    09-23-15 @ 09:45 AM
    Gender
    Lean
    Other
    Posts
    520

    Re: Ap survey: Us income gap is holding back economy

    Quote Originally Posted by Juanita View Post
    .....or could the higher prices simply be greed....I'm a big catalogue shopper and what I paid $10 for last year now costs $16...
    In that particular case I would think the significant increase in such a short time is due more to catalog merchants going out of business in recent years as a result of internet shopping, along with the repeal of the resale price maintenance law that exempted catalog merchants, rather than mere reasons of “greed”. The point is, the steady inflationary rise in the cost of living and consolidation of wealth to the so-called 1%, is due more to a central bank that employs failed policies of fractional reserve banking along with the income tax, than any independent rise in pricing of the smaller business owners struggling to compete.

    The 147 Companies That Control Everything - Forbes

    https://www.youtube.com/watch?v=iYZM58dulPE

    https://www.youtube.com/watch?v=mII9NZ8MMVM
    Last edited by TML; 12-26-13 at 12:43 PM.
    In matters of style, swim with the current; In matters of principle, stand like a rock.

  7. #177
    Guru
    Juanita's Avatar
    Join Date
    Jun 2013
    Location
    now? COLORADO
    Last Seen
    04-27-16 @ 03:50 AM
    Gender
    Lean
    Progressive
    Posts
    3,981

    Re: Ap survey: Us income gap is holding back economy

    [QUOTE=TML;1062711400]In that particular case I would think the significant increase in such a short time is due more to catalog merchants going out of business in recent years as a result of internet shopping, along with the repeal of the resale price maintenance law that exempted catalog merchants, rather than mere reasons of “greed”. The point is, the steady inflationary rise in the cost of living and consolidation of wealth to the so-called 1%, is due more to a central bank that employs failed policies of fractional reserve banking along with the income tax, than any independent rise in pricing of the smaller business owners struggling to compete.



    These catalogues have websites also......It comes as no surprise that the more money you have and the more that you own -- the more power and control that you have.. It isn't complicated.... IRS has been around for quite some time--the very rich and powerful do not pay their fair share..

  8. #178
    Professor
    Capster78's Avatar
    Join Date
    Dec 2012
    Location
    Florida
    Last Seen
    08-24-15 @ 02:35 PM
    Gender
    Lean
    Centrist
    Posts
    2,253

    Re: Ap survey: Us income gap is holding back economy

    Quote Originally Posted by TheDemSocialist View Post
    Read more @: AP survey: US income gap is holding back economy

    No surprise here. Seems that this trickle down economic theory isnt working at all, also not a surprise.
    I don't think the rich really care. Their money is fluid. If the US economy fails, they simply move their assets and investments into another market. The ups and downs of the market are created, i believe, by the super rich in order to increase their wealth even further. Who else has the bankroll to take advantage of short term turmoil in the market. Sell high, buy low. That is exactly what the super rich do. They have the media at their fingertips. Sell the public that the economy is going to tank, create mass panic, prices drop. They watch for what drops, buy it, and then say.. ohhh.. now the economy is recovering. Instantly doubling their money... I know that is how I would do it if I were among the super rich.
    - There was never a good war, or a bad peace.
    - Idealistically, everything should work as you planed it to. Realistically, it depends on how idealistic you are as to the measure of success.
    - Better to be a pessimist before, and an optimist afterwords.

  9. #179
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    12-08-17 @ 03:46 PM
    Gender
    Lean
    Conservative
    Posts
    30,272

    Re: Ap survey: Us income gap is holding back economy

    [QUOTE=Juanita;1062713837]
    Quote Originally Posted by TML View Post
    In that particular case I would think the significant increase in such a short time is due more to catalog merchants going out of business in recent years as a result of internet shopping, along with the repeal of the resale price maintenance law that exempted catalog merchants, rather than mere reasons of “greed”. The point is, the steady inflationary rise in the cost of living and consolidation of wealth to the so-called 1%, is due more to a central bank that employs failed policies of fractional reserve banking along with the income tax, than any independent rise in pricing of the smaller business owners struggling to compete.



    These catalogues have websites also......It comes as no surprise that the more money you have and the more that you own -- the more power and control that you have.. It isn't complicated.... IRS has been around for quite some time--the very rich and powerful do not pay their fair share..
    So what is a fair share? IRS own numbers state that the top 10% of earners pay something like 74% of federal tax.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

Page 18 of 18 FirstFirst ... 8161718

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •