The American government can never make up for the incredibly poor values of it's constituents. Welfare would be a whole different beast if those currently sucking on the system has been raised with principles.Sil240 wrote:They should not be allowed to have ANY more kids once your on welfare.If you can't support yourself, why the F&(*% are you bringing more kids into this world?
The trickle-up effect, lol?Cali 2 Balti G wrote:Welfare recipients do pay taxes - they pay sales tax on the items they buy. In the process these consumers help the economy - because they buy items from a store etc. so that businesses stay in business. This is why this talk of redistribution is a bit of a stretch.
Another example where the benefactor may not be obvious to everyone is - Food Stamp programs. Besides low income individuals and families, food stamp programs subsidize the farming and agricultural industry. It helps to create a demand for the goods farmers produce.
NO not at all - what I'm saying is that food stamps help ensure that the products produced by farmers are purchased and consumed.audtatious wrote:You mean without food stamps those families would have no need for food?
Trickle up - yes that is the basis of capitalism - the consumer. Without consumers capitalism does not work. If no one is buying the products then factories close. BTW this was one of the biggest reasons for the end of slavery as this country changed from an agricultural base to an industrial base. Slaves needed to be paid a wage so that they could consume the products produced by the factories. (but that is a whole other discussion).charlieo wrote:
The trickle-up effect, lol?
The talk of redistribution is no stretch. You're taking my money and giving it to someone else for no services rendered. That's redistribution of wealth.
Jobs generate lasting consumers. Your slaves analogy is skating on thin ice... who purchased the goods before the slaves were freed? Once the slaves were freed, how did they get money? Oh right, from being in the employ of the wealthy who created the jobs. Give a man a fish...Cali 2 Balti G wrote:
Trickle up - yes that is the basis of capitalism - the consumer. Without consumers capitalism does not work. If no one is buying the products then factories close. BTW this was one of the biggest reasons for the end of slavery as this country changed from an agricultural base to an industrial base. Slaves needed to be paid a wage so that they could consume the products produced by the factories. (but that is a whole other discussion).
As for redistribution - if you want to talk about it -you've got to talk about all forms of redistribution - including corporate- the latest example being the $700 billion redistribution plan funded by tax payers.
For me the stretch is when you don't look at the entire picture.
Cali 2 Balti G wrote:
Trickle up - yes that is the basis of capitalism - the consumer.
He's from Baltimore thus it makes sense to him.480sx wrote:
Trickle up is nothing.. The trickle down 'theory' is a disproven theory that was commonly held 20-30 years ago by republicans and other people in favor of limitless buisness.
Wait, what?480sx wrote: a disproven theory that...
Poor people do not create jobs and neither do "rich" people when they have more and more of their money taken from them which would have gone for investments.480sx wrote:
Trickle up is nothing.. The trickle down 'theory' is a disproven theory that was commonly held 20-30 years ago by republicans and other people in favor of limitless buisness.
My use of the example of slavery is not an analogy it is fact. (again - that is a whole other discussion)charlieo wrote:
Jobs generate lasting consumers. Your slaves analogy is skating on thin ice... who purchased the goods before the slaves were freed? Once the slaves were freed, how did they get money? Oh right, from being in the employ of the wealthy who created the jobs. Give a man a fish...
I will gladly talk about all forms of redistribution, including corporate. My congresscritters were informed before the bailout that if they voted for it, I wouldn't be voting for them.
So, you DO advocate wealth distribution. The money they have via welfare is given to them at the expense of others who earn it. Welfare should be a hand up and not a hand out. If they did not have the welfare they would have to work to earn the same products they get for free.Cali 2 Balti G wrote:Fast forward to today - I'm not saying that welfare recipients create jobs- but what I am saying is that as consumers they help sustain the economy - just like any other set of consumers.
And with no jobs then how will anyone be able to be a consumer? Your whole analysis assumes that the consumer is more important than business. In general they should be equal but that is not necessarily true as it takes growth to increase the job market and increase pay which means more money in the cycle. Yes, business needs the consumer but the economy needs business to grow in order to allow more jobs and more money for consumers. You seem to only see one side of the equation.Cali 2 Balti G wrote:As for what you guys are calling "trickle up" - if you dont understand how individual consumers - are the basis of our economy then I'm not sure what to tell you. If individuals do not spend money then the business ceases to exist.
audtatious wrote:
Poor people do not create jobs and neither do "rich" people when they have more and more of their money taken from them which would have gone for investments.
Let's analyze a services field...say.....landscapers and those who do maintenance and spraying. They service people and charge them a fee. They are not creating jobs as they are a service to those who are willing to pay and can only grow and add jobs if more people are willing to pay for their services. Those who are charged a fee gladly pay it because they have the money for it and it's worth having someone else do it. Now, let's take money from those who purchase these services because they are considered "rich". What's one of the first things they are going to drop when money gets tighter (we are talking about those who make over 150k per Joe Biden)? Yep, what may be deemed an unnecessary service. So, all of a sudden a large amount of services are canceled. What impact does that cause? Well, the companies providing the services will lose revenue and start laying off their employees (probably folding as well), the companies that sell them supplies like fertilizer, landscaping rock, lighting, mulch, etc. will have less sales and will be potentially facing the same issue. The result is less employment and less money in the economy.
So, explain to me how avoiding the above is not to be considered trickle down economics?
It's not SHARING wealth. It's investing, and spending.480sx wrote:
Aud, your like a right-winged chicken little.
The trickle down theory sounds great. In practice is fails, fails hard. It is more commonly referred to as the 'Sponge' theory now. The rich get richer, and the poor stay poor. The theory is kind of like saying that because the rich are making more money, more of that money will 'trickle' down to the poor. In reality, that money just sits in bank accounts and the stock market getting fatter while the poor are still getting the same 'trickle' they always have.
The idea is kinda hilarious coming out of a capitalist mindset. The whole theory almost seems to be based on the 'generosity' of the rich, or their willingness to share the wealth. Uhh, enough said.
Money just doesn't SIT in bank accounts and the stock market. The banks turn around and loan you a rich person's money so you can pretend to own your house, and companies sell stock so they can spend money.Jesda wrote:"The rich" drink Cristal and eat fish eggs. Then after getting bored with that, they sail and stuff. They pay colored people to entertain them on their yachts.
...no.
They invest in real estate, new ventures, new businesses, and new ideas. They play a role in expanding the national and global economy.
http://www.opinionjournal.com/extra/?id=110006842
audtatious wrote:I'm just a right wing bible thumper trying to force religion and homophobia down your throat. Everything you say is 100% factual and other POV's are worthless.
Gotcha, I understand.
charlieo, let it go. He's right, just ask him. If you argue with him you will simply get labeled and filed away.
When you post a reply, see those little face things? It helps express whether you are joking or pissed and a number of other things. Don't assume what you are saying is taken as a joke.480sx wrote: I said LIKE, it was a JOKE.
audtatious wrote:
When you post a reply, see those little face things? It helps express whether you are joking or pissed and a number of other things. Don't assume what you are saying is taken as a joke.
What's this? An increase all around? Hmmm... Any graphs on social mobility?480sx wrote:
Perhaps I should have inserted one of those smilies I keep hearing about. But, you know, you've never been misunderstood on the internet, right?480sx wrote:Before you attack the credibility of my sources find some that prove them wrong, or give me some more credible reason why my source is bad. Im sure you didnt do any real research on the site or you just judged the book by the cover.
You say my source is bad but use it for your argument?
Pg 37 "Shares of After-Tax Houseold Income by Income Group" does match one of your graphs:.480sx wrote:You post looked real scary until i read the titles to the graphs that you quoted.. None of which are of the same information as the graphs i quoted.
LOL i didnt mean to ninja you like that, i should have added in something about me adding those citations. Ill figure out why the links dont work now.
480sx wrote:Find me some proof that it is still a valid theory.
http://en.wikipedia.org/wiki/T...omicsWikipedia wrote:A May 16, 2006 editorial in the Wall St. Journal stated, "The Pacific Research Institute has crunched the tax numbers in all 50 states and published the 'U.S. Economic Freedom Index' ranking all states according to how friendly or unfriendly their policies were toward free enterprise... In 2005, per capita personal income grew 31% faster in the 15 most economically free states than it did in the 15 states at the bottom of the list. And employment growth was a staggering 216% higher in the most free states."