View Poll Results: Is Trickle Down a Plutocratic religion or an Economic Theory

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  • Trickle Down is sound economics

    4 13.79%
  • Trickle Down is a fraud

    24 82.76%
  • Trickle Down kills USA jobs

    7 24.14%
  • Trickle Down makes USA jobs

    3 10.34%
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Thread: Is Trickle Down" a Plutocratic Religion, or an Economic Theory

  1. #1
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    Is Trickle Down" a Plutocratic Religion, or an Economic Theory

    "Trickle Down" Is a Plutocratic Religion, Not an Economic Theory | BuzzFlash.org


    Trickle Down" Is a Plutocratic Religion, Not an Economic Theory
    "The economists and pundits are legion who have challenged the notion that the amassing of wealth by a privileged few results in more jobs being created in the US. After all, if this were the case - at a time the richer are becoming even richer - why did we nearly just reach a depression?"

    Is the article correct?
    Does "Trickle Down" kill USA jobs?
    Is it an economic theory?

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    Re: Is Trickle Down" a Plutocratic Religion, or an Economic Theory

    Yep, nothing has ever trickled down to our family, except northwest rain. Every penny we have, we've worked for.
    "The measure off intelligence is the ability to change." Albert Einstein

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    Re: Is Trickle Down" a Plutocratic Religion, or an Economic Theory

    Quote Originally Posted by DaveFagan View Post
    "Trickle Down" Is a Plutocratic Religion, Not an Economic Theory | BuzzFlash.org


    Trickle Down" Is a Plutocratic Religion, Not an Economic Theory
    "The economists and pundits are legion who have challenged the notion that the amassing of wealth by a privileged few results in more jobs being created in the US. After all, if this were the case - at a time the richer are becoming even richer - why did we nearly just reach a depression?"

    Is the article correct?
    Does "Trickle Down" kill USA jobs?
    Is it an economic theory?
    Bahjezzzus, Dave! You are ackin for an ass kickin just for raising this question. Better put on a crash helmet and buckle up. It's gonna be a bumpy ride.

    I for one, don't think Trickle down trickled, but that's my opinion. I'm not gonna spend uphteen hours trying to justify my "opinion". Interesting article...really is.

    Since your wading in muddy waters. Try the following, see if any of it makes sense. Now you really have to read the entire article to fully understand and be capable of making a comment. So...give it a shot if you get a chance.

    charles hugh smith-Social Fractals and the Corruption of America
    Last edited by Removable Mind; 02-09-12 at 11:59 AM.

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    Re: Is Trickle Down" a Plutocratic Religion, or an Economic Theory

    Both? It's an economic theory. Just an extremely bad one, that is largely based on false assumptions and outright lies. We've been trying it for 40 years, and the trickling isn't happening. And it clearly shows that the bulk of this country needs a lot more than trickles to live on.
    Liberté. Égalité. Fraternité.

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    Re: Is Trickle Down" a Plutocratic Religion, or an Economic Theory

    It's an economy theory but one that has been proven to not work, just like communism. Because our system is about monetary accumulation and profit maximization, tax breaks just result in more wealth being retained, not redistributed.

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    Re: Is Trickle Down" a Plutocratic Religion, or an Economic Theory

    Quote Originally Posted by Removable Mind View Post
    Bahjezzzus, Dave! You are ackin for an ass kickin just for raising this question. Better put on a crash helmet and buckle up. It's gonna be a bumpy ride.

    I for one, don't think Trickle down trickled, but that's my opinion. I'm not gonna spend uphteen hours trying to justify my "opinion". Interesting article...really is.

    Since your wading in muddy waters. Try the following, see if any of it makes sense. Now you really have to read the entire article to fully understand and be capable of making a comment. So...give it a shot if you get a chance.

    charles hugh smith-Social Fractals and the Corruption of America
    Wow. I did read it and this quote sums a great deal, "The system, though nominally legal, is corrupt. The financial and political Elites (the Power Elites, or the Plutocracy) as a matter of course are not bound by the same laws that control the non-Elite citizenry. " That does seem to be the current reality and also why they hate "Occupy Wall Street."

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    Re: Is Trickle Down" a Plutocratic Religion, or an Economic Theory

    where is the poll option that

    THIS IS A SILLY POLL THAT NEEDS TO GET FLUSHED

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    Re: Is Trickle Down" a Plutocratic Religion, or an Economic Theory

    Supply-side economics has largely been discredited, and has fallen out of favor even amongst many conservative economists. It's not that it doesn't contain any grains of truth...the Laffer Curve does exist, the problem is just that supply-siders incorrectly think we're on the wrong side of it. Similarly, supply-siders are correct that higher taxes are a net negative for the economy...but so is a higher deficit and/or lower spending, and you can't simultaneously have low taxes, low deficits, and high spending no matter how much Grover Norquist and Steve Forbes want to pretend that you can.

    There are certain situations where supply-side economics may be helpful, but the current recession is not one of them. Virtually all of our current problems are on the demand side. The reason unemployment is so high has absolutely nothing to do with businesses not having enough money; many corporations are sitting on top of huge piles of cash, but they aren't spending it because they are fearful that consumers won't buy their products.
    Last edited by Kandahar; 02-10-12 at 02:15 AM.
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  9. #9
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    Re: Is Trickle Down" a Plutocratic Religion, or an Economic Theory

    Neither. It's complete and utter nonsense. The richest of the richest Americans don't pass down the wealth. At least not to America or Americans. The richest Americans, they fire Americans, hire Bangladeshi workers and lower production costs while maximizing profit. After that, they buy a boat made in Germany, move to St. Maarten and spend their money on French champagne and Cuban cigars.
    Last edited by Hatuey; 02-10-12 at 02:31 AM.
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    Re: Is Trickle Down" a Plutocratic Religion, or an Economic Theory

    Quote Originally Posted by TurtleDude View Post
    where is the poll option that

    THIS IS A SILLY POLL THAT NEEDS TO GET FLUSHED
    I interpret that as an acknowledgement by you that you have absolutely no information/facts/knowledge/rumors to support the validity of "Trickle Down" economics. It should more correctly be called "Trickle UP" economics to accurately describe its function. No need to thank me, I know it has something to do with envy because I've seen your repeated texts making statements of such ilk. When overcome by confusion, pull the chain and hope the flush that follows will clean the system.

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