When you give money to the poor they turn around and give it to rich people

What in the hell is so hard about that to understand?

Conversely when you give money to rich people they're fairly likely to hoard it away somewhere.

How can so many people believe in this trickle down fantasy? It doesn't make the least bit of damn sense.

a decent wage and they then turned around and bought his cars.

Simple concept, isn't it.

it was a big issue to him that he be able to produce the cars a cost that allowed workers to afford them.

He still made profit.

He and his contemporaries would not recognize the current business community, built on illusions of paper and worthless products moved from point a to point b.

when you see someone with a whole lot, chances are he's got some of someone else's.

Every person making 80k a year probably has 4 people making 20k a year under them.

Sometimes that $80,000 a year job lasts 3 months or less as corporations downsize, merg, reorganize, outsource, insource, rightsize, etc... it's BS - they never make the $80K - that puts the ones that served and studied and helped those blasted CEOs number crunch their golden parachutes in real-time, stand right beside those that earn way less, and at just as much risk for homelessness because their employment status is so very tenuous. We're all in this together save that elite group...didn't anybody get the memo! We all suffer over the long haul, work intermittently for our masters and government, and only live sporatically for better or worse for ourselves and what community we can contrive. The current crisis which may get even worse makes us all BAREFOOT IN THE PARK.

I'm only saying that we need to recognize the pyramid for what it is. There's nothing wrong with a pyramid so long as the people at the bottom of the pyramid have a decent quality of life. Many folks have the idea that those who earn vast, or even moderate sums of money are somehow doing so alone.

for the first time in my life I understand economics. Not kidding!

Absolutely, and I really think this is a large part of the problem, the giving it back to the rich that is. Small c capitalism, more local production, buying local as much as possible, and living wages could/would create a nice stable and sustainable economy. A goal of 100 percent employment for those who are able would also increase that stability. (That was goal not requirement.)

The problem is systemic, in that even if they give some back to the little guy now, if it just all goes back to the guy at the top, it's only a matter of time before the economy becomes too top heavy again and crashes down on everyone. Continuing in the current model of constantly rising profits for already monstrous corporations eventually going to require truly slave labor (not wage slaves), and a complete raping of the earth. For what? So they can collect these bits of paper like baseball cards?

I truly believe they're delusional. They've put the cart before the horse somehow. The capital, paper and digital dollars, is supposed to represent real goods, and real labor being traded in the market. They've somehow come to believe that the capital, paper and digital dollars, has a value regardless of goods and labor. It's clearly madness. Worse, it's a contagious sort of madness that has afflicted a large portion of the now suffering population.

We may find ourselves having to evolve, and build defenses against these predatory paper collectors, or go extinct. Sorry, pet peeve for me here.

:rant:

must be refreshed with the blood of Patriots..." and the whole idea that periodic revolutions are necessary to sustain a Democracy could not more aptly be applied to economics. Money is power, and when too much money/power is concentrated and unopposed then tyranny results.

Our entire interest based economy, and system of the private ownership of basic neccessities is designed to funnel money to the top. We need public ownerships of the basics of life, and then we can really watch innovation and quality of life flourish in my opinion.

Thats how you should reframe 'welfare' or 'lower taxes' to people. Explain how it is the same as a direct business stimulus, except it demands a product for the money. Such production ensures the corporation must create jobs to meet the demand. Giving business stimulus directly to corporations does not require job growth, whatsoever.

waiting to be taxed at a marginal rate "some day"... or instead of fleeing overseas to pay taxes to some other government!

,...MUST dominate over all failed theories.

Look, the market is NOT an independent entity,...it is a man-made phenomenon.

IF it is going to work, it must be handled like every other decent (I add, "INTELLIGENT") human-created system and aim towards the goals of: (1) economic sustenance and growth; and, the incredibly neglected aspect of (2) integrating basic human integrity associated with hopes of democracy ---> eg RULES OF LAW rather than men.

Economics can no longer be treated as if "people" are not part of that branch of human creations.

for about 35 years or since ronny raygun....I have never agreed and have been screaming against the theory for about that long.

It's the same old saying "As goes the King so goes the Kingdom"... when in reality the Peasants grow the food and rightly hold the power.

and a box of Newport Lights.

No job was ever created by someone buying malt liquor and a box of Newport ...er...hold on!

Maybe you have a point. Buying things creates jobs? Who'da thunk it?


I'm just joking with the response that right wingers give to "grow from the bottom up".

They sure as hell didn't get rich from all the rich people drinking Bud Light!

Putting the morality out of it, the idea just doesn't make sense. There is no flow. Now, it is beyond important to make it a part of our collective instinct that this fraud does not work. It took only a generation or two for us to fall for it hook line and sinker again.

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