How "Trickle-Down" Really Works

Discussion in 'Economics & Trade' started by Cigar, Nov 27, 2017.

  1. james M

    james M Banned

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    jobs were moved by liberal taxes liberal unions liberal regulations and by liberal trade deal!! You have learned this 29 times now?
     
    Last edited: Jun 15, 2018
  2. Reiver

    Reiver Well-Known Member

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    This amused me, given trade liberalisation and liberalism go hand in hand. Its like economics doesn't exist for you!
     
  3. james M

    james M Banned

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    we earn far more than in the stone age becaue of new inventions. Thus we need to encourage the supply-side of new inventions. 1+1=2
     
  4. Reiver

    Reiver Well-Known Member

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    You need greater equality if you want to harness self-employment and therefore entrepreneurial spirit.
     
  5. james M

    james M Banned

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    you have to learn English definitions here too! Republican conservatives support capitalist free trade ie liberalization while liberals often support regulated and limited trade because they lack IQ to understand that free trade is best.
     
  6. Reiver

    Reiver Well-Known Member

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    I refer to political economic definitions. This is beyond you.
     
  7. james M

    james M Banned

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    conservative intellectual economists have no bias toward self employment
     
  8. Reiver

    Reiver Well-Known Member

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    This is a meaningless statement. Conservatives just make bad economists. We know, however, that countries with lower inequality have higher self-employment rates. Reality isn't your friend.
     
  9. james M

    james M Banned

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    just learn American definitions. trade liberalization means free trade, liberalism does not mean free trade rather the opposite ie libcommieism
     
  10. Reiver

    Reiver Well-Known Member

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    There aren't American or British definitions. There are political economic definitions. You have been peddling nonsense, given liberalism goes hand in hand with trade liberalisation.
     
  11. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    You are being "specific" in nature. The overall complaint regarding "subsidies" is "general".

    Meaning what? That specific subsidies are far less important than other presidential decisions regarding spending. (Such as Upper Income Taxation, which - under Donald Dork - has just been reduced!)

    A long, long time ago, at university, we had discussions in Economics Classes regarding "Guns or Butter". Which was a neat and compact manner of putting the question: Just what is the purpose of governmental discretionary subsidy-spending.

    We still, as a nation, have not answered the question. And, for as long as we keep electing politicians (and presidents) who are beholden to the nature of campaign financing weighing heavily on their chances of ever sitting in the Oval Office, we shall never really address the Fundamental Question.

    (Of what do we-the-sheeple* actually want as a nation? Guns or Butter?)

    *Yes, we are "sheeple", because we get pissed off, but never to the point where we organize ourselves effectively to bring-about real political change. (Our national voting record is not only pitiful but highly manipulable.) Which is why this nation is being run by oligarchs ...
     
    Last edited: Jun 16, 2018
  12. rahl

    rahl Banned

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    But I showed you that didn’t actually happen. All that wealth went UP to the richest 1%. Not down to the middle class.
     
  13. james M

    james M Banned

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    Econ 101: totally wrong of course. All the wealth that went to Steve Jobs went their voluntarily from the middle class when his Iphones trickled or flooded down to them as they bought his Iphones figuring they had more wealth with them than without them. Do you understand the beauty of Republican capitalism.
     
    Last edited: Jun 16, 2018
  14. james M

    james M Banned

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    100% obviously we want guns most so we can continue to win wars and save billions of lives when the Nazis communists and terrorists attack!
     
  15. james M

    james M Banned

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    20 British Words That Mean Something Totally Different in the U.S. ...
    www.bigstockphoto.com/.../20-british-words-that-mean-something-totally-different-in...
    Aug 27, 2013 - Here are 20 words that have pretty different meanings in Great Britain than they do in theU.S. Made with royalty-free images from Bigstock.
    British and American English Differences: 25 American English Words ...
    https://www.anglotopia.net › Britishness › English Language
    Jun 5, 2014 - Some of these the USA meaning is used just as much as the UK ..... liked in either US or British English, but altogether different meanings!

    Words With Different Meanings in England and America | Reader's ...
    https://www.rd.com/funny-stuff/words-different-meanings-england-america/
    Feb 16, 2017 - 10 Words That Mean Very Different Things in England and America ... In the United States a bird is, well, an animal with feathers that tweets.
     
  16. Reiver

    Reiver Well-Known Member

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    Crikey, this is particularly pathetic. We're not talking about regional vocab distinction. We are referring to your ignorance of polical economy. You use terms alien to basic sense. You repeat that nonsense because you don't care. Intelligent comment isn't your concern
     
    Last edited: Jun 16, 2018
  17. james M

    james M Banned

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    so tell us what liberal and conservative mean in the old world and new world?
     
  18. Reiver

    Reiver Well-Known Member

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    You ask a stupid question. Liberalism is political economy. Conservatism isn't (it just refers to weight selection). The problem is that you don't understand any economics.
     
  19. Jonsa

    Jonsa Well-Known Member Past Donor

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    I am impressed with the extent of your reach in comparison to your grasp.

    Where did you learn what you think know about economics?
     
  20. Jonsa

    Jonsa Well-Known Member Past Donor

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    I have found that few actually do understand but many have definitive opinions on economic policy regardless.
     
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  21. rahl

    rahl Banned

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    Nope. It went to the richest 1%, because republicans are completely incompetent with fiscal policy.
     
  22. Reiver

    Reiver Well-Known Member

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    There are always buzzwords to throw out though. "It's supply and demand" is my favourite, given it typically demonstrates a lack of understanding of basic concepts that even my Aunt Mildred would recognise.
     
  23. Jonsa

    Jonsa Well-Known Member Past Donor

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    It even worse when the President does it.
     
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  24. james M

    james M Banned

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    actually Steve Jobs is/was among the richest 1% and he got the wealth from the middle class who figured they were wealthier buying his Iphones, that trickled or flooded down to them, than keeping the their money.
    Now do you understand?
     
  25. james M

    james M Banned

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    if there is a mistake why so afraid to tell us exactly what it is? What does the liberal learn from his fear?
     

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