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Thread: Warren Buffet: 'Trickle Down' Theory Doesn't Work

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by TurtleDude View Post
    several studies also found that REpublicans of a given economic level gave far more to both religious and secular charities than did similarly situated dem/liberals and liberals, when they gave, were far more likely to give to "think tanks" that don't help the poor but produce studies advocating more government redistribution

    You mean like the Bush library going up down the street here?

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by winston53660 View Post
    You mean like the Bush library going up down the street here?
    Edify me how that is relevant or overcomes my point?



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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by Lord Tammerlain View Post
    I would suggest a large number do

    Giving time to their church or donating to their church for one example

    Others would be donating time to causes like the Seirra Club or Green peace.

    The elderly I believe donate more of their time then any other demographic group
    Are we talking about poor people?
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by American View Post
    Are we talking about poor people?
    poor people dont go to churcH?

    Hippies cant be poor?

    and the eldery cant be poor?
    Happy Hanukkah Cheerfull Kwanzaa
    Happy Christmas Merry New Year Festivus for the rest of us

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by winston53660 View Post
    In 2001, Independent Sector, a nonprofit organization focused on charitable giving, found that households earning less than $25,000 a year gave away an average of 4.2 percent of their incomes; those with earnings of more than $75,000 gave away 2.7 percent.

    http://www.nytimes.com/2010/08/22/ma...OB-wwln-t.html
    http://www.philanthropy.iupui.edu/re...uly%202007.pdf

    Here is a real study that completely obliterates your premise; as would be expected. The rich have always given more than their expected share to charity.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by American View Post
    http://www.philanthropy.iupui.edu/re...uly%202007.pdf

    Here is a real study that completely obliterates your premise; as would be expected. The rich have always given more than their expected share to charity.
    we have seen alot of the libs on this site bash people with inherited money or marry into wealth. Yet many of the major charities and foundations are run by such people who can afford to work in often non paying jobs. After her marriage, my late mother had no paying jobs but she regularly put in 45-60 hour weeks running everything from women's clinics to the local theater.



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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    So here is what I have learned.

    Because I have been poor in the past I don't give to Smile Train.

    I don't give to Salvation Army.

    That because I was poor I'm a greedy bastard!

    Tell me more American and turtledude tell me more about the poor people that you are so in tune with.

    I'm not going to argue with you that rich people don't give money to charity but I mean, if they didn't wouldn't that just make them a ****ing asshole? Obviously you guys are high-power lawyers or something to be able to be so damn mad about getting your taxes taken away from big bad Obama. So how much are you giving away? Your link proves nothing it only says a few things. Basically:

    -People making less donate to religion and helping people make ends meet (imagine that!)
    compared to the richest which:
    -Don't believe in God and donate more to cure cancer and donate money to schools so something could be named after them or little Billy can make sure he gets into that school he wanted.
    "We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying ten percent of his salary, and that’s crazy." -Reagan

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by pbrauer View Post
    Trickle-Down

    Actually he just slapped a new label on it. It was around in the late 1800's under the name "horse and sparrow" economics. Feed the horse all the berries, it leaves seeds for the birds. You can see why it was renamed

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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by nikole957 View Post
    Actually he just slapped a new label on it. It was around in the late 1800's under the name "horse and sparrow" economics. Feed the horse all the berries, it leaves seeds for the birds. You can see why it was renamed
    as opposed to taxing our way to prosperity

    maybe we should just let people work and succeed instead of the dems taking from those who work hard and smart to buy the votes of those who do not. under a proper system the government should not be in the business of deciding who wins or punishing those who do to buy the votes of those who do not



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    Re: Warren Buffet: 'Trickle Down' Theory Doesn't Work

    Quote Originally Posted by nikole957 View Post
    Actually he just slapped a new label on it. It was around in the late 1800's under the name "horse and sparrow" economics. Feed the horse all the berries, it leaves seeds for the birds. You can see why it was renamed
    Do you ever think with the brain that God gave you? We have spent trillions on social programs and still have poverty, homeless, druggies, etc. so when do you ever come to the decision that failure to accept and handle personal responsibility is the problem not simply throwing money at the problem?

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