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Re: Trickle Down Economics by Dquixote1217 ..... Politics Debate Forum

Date:   12/4/2008 1:24:02 PM ( 17 y ago)
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URL:   https://www.curezone.org/forums/fm.asp?i=1310523

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"Trickle down economics" worked so well under Ronald Reagan that we went from being the biggest creditor nation on earth to the biggest debtor nation on earth, while those living below the poverty level and the number of homeless increased by over 25%, real wages for the middle class fell and women began to be forced more and more to go to work to support their families.

Envision a lush and spongy mountainous region representing the rich, a large body of water and surrounding land below the mountain representing the middle class and a somewhat arid valley lying below the lake which is the poor.   Most of the rainfall comes from water taken out of the lake, though some comes from the lush mountain and a tiny amount from the valley.  The more equally the rain falls the better all three regions do.  But if you divert rainfall to the mountain it soaks most of it up and less trickles down to replace the lost water in the lake and so the lake begins to dry up, just as the already arid valley does. Divert too much to the valley and the lake also dries up.  The mountain becomes perhaps a bit less lush but continues to flourish.  Now, if you take some of the rainfall to the valley and also irrigate the valley and make it productive, it also creates rain which is returned to all three areas. The key is making the lesser area productive and not taking too much of your rain for either the mountain or the valley.

Certainly it makes no sense to simply give money to able bodied people or to welfare baby makers, but neither is the answer to simply give more to the rich and let them and the big companies continue to plunder us.  Stop outsourcing our jobs and factories, stop fighting wars of mass deception for big oil and the Halliburton war vultures, stop illegal immigration and the hiring of illegals and stop bailing out the international bankers and Wall Street gamblers, spend only as much as your revenues . . . and then you might see a strong economy based on real money again once we pay the price for past sins and the present bailout fiasco.

DQ


 

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