I keep hearing about trickle down economics but what's the alternative? You old guys errrrr older guys (I'm 50 and some say that's old!) keep bringing it up so what's the alternative? My basic understanding of TD is tax breaks for the wealthy and the investments they make in the world and their business, with their money, things they buy etc...help the economy. That's not to say the rest of us can't make money it's just describing what the "rich" get.
So is the alternative to give breaks to the poor? The middle class? Who? The poor deserves what kind of breaks and who is poor? Does a family who may be supported 75-100% by tax payers need a break? Not sure how much more of a break you can give to someone getting money free of charge. How about lower, middle and upper middle class? Maybe better interest rates on loans? That works for me but when the banks and lenders were told to issue more subprime loans to unqualified people look at what happened.
So what is the alternative to TD? Is it Obama-nomics? That sure seems like a flop doesn't it? Here on one hand he says trickle down didn't work but didn't he bail out some rich corporations? If he was so pro poor and middle class why didn't all of us tax payers get a huge check?? Wouldn't that be a step in practicing what he preaches? That's trickle up isn't it?? Give to the non "rich" and let us reinvest the money....I'm still waiting on my Obama check.
Giving my tax dollars to GM and all those idiots didn't put money in my pocket..did it yours?? Doesn't he allow tax breaks to rich folks? Is spending more money than any man alive with the promise of saving our economy the way? I think that fell short as well. His lofty overinflated goals of unemployment rate targets were off.
is raising the minimum wage a start in the right direction? Hmmm maybe I really haven't put a lot of thought into that. Is mandating a healthcare plan that requires us to be taxed more by our gubment the way to prosperity?? I have to ask who prospers when I give more and more of my money away to the gubment? Seems like wealth distribution. Is that the answer to TD?? Just take take take from anyone who has money and try to water down the playing field to were we are all making about the same money regardless of effort?? Is that it?? Sounds like a union attitude to me.
The only thing I see that should be done is less gubment intrusion, less gubment, restrict their powers since they are suppose to work for us, cut WAAAAAAAAYYYYYYY back of foreign aid and even some of these bogus programs we have here in this country, gut the union ties on gubment, flat tax or whatever it can be called so people pay a set percentage equally and tons of other items that basically get people to be responsible for their actions and not have 10 lawyers to help them get out of trouble. I'm talking about all crimes top to bottom...you rip off the American people as an elected official your done and in jail. Of course congress and the potus would be in jail but hey do the crime do the time.
In all seriousness I have zero faith in anything in politics being 100% transparent. It's to corrupt. I don't care if it's from the left or right someone is getting paid off. The sad part is we always have to pick the lessor of two evils and the two evils have built such a strong fortress around themselves that it's going to take an exceptional leader at the perfect time in history to get us back on path and Obama sure wasn't close to that as some fools thought.
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Originally Posted by waterdog101
