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What happened to the "Trickle Down Theory"? - 5/5/2011 8:58:48 AM   
housesub4you


Posts: 1879
Joined: 4/2/2008
Status: offline 		Gee....it seems for the last 2 years one of the sounds bites used often by the GOP and Faux News is how BAD Obama and his plan is for business in this country.   Remember how the auto loan by the government would end the free market system as we know it????? 

Yet...according to Forbes..the top 500 companies had profits increase by 81% last year  all the while the workers had their wages stalled....


All told, the Fortune 500 generated nearly $10.8 trillion in total revenues last year, up 10.5%. Total profits soared 81%. But guess who didn’t benefit much from this giant wave of cash? Millions of U.S. workers stuck mired in a stagnant job market. [...] Nevertheless, we’ve rarely seen such a stark gulf between the fortunes of the 500 and those of ordinary Americans.



< Message edited by housesub4you -- 5/5/2011 9:00:29 AM >
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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 9:04:54 AM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline 		Tax these un-Americans out of existance.  We need more regulation at the federal level, not less, and we do not ever want to exchange government for corporations.

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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 9:16:48 AM   
Lucylastic


Posts: 40310
Status: offline 		The trickle down theory is as dead as OBL

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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 9:20:39 AM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline 		There will still be unbelivers, regardless of proof.  I bet you will see a couple someones we all know from the ranks of the succubuses of St. Wrinklemeat defending the wholesale unfettering of corporations and decrying the socialist government intervention in any way restricting their damaging policies to America.  

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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 9:57:52 AM   
Edwynn


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They kept peeing, and nothing got 'trickled down' at all. Except some trickle of pee.


Then the deregulation and mega-mergers and CDOs and sub-prime stuff eventually blew the tanks.


Quite an ugly mess.



Somebody needs to fix that flusher there.

That would mean actually reinstalling meaningful regulation, so that these idiotic dimwit 'bright ideas!' from the corporate-backed 'think tanks' and  the media get flushed into the sewer right away.






< Message edited by Edwynn -- 5/5/2011 10:11:58 AM >

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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 11:37:26 AM   
NewOCDaddy


Posts: 134
Joined: 1/26/2008
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quote:

ORIGINAL: housesub4you

Gee....it seems for the last 2 years one of the sounds bites used often by the GOP and Faux News is how BAD Obama and his plan is for business in this country.   Remember how the auto loan by the government would end the free market system as we know it????? 

Yet...according to Forbes..the top 500 companies had profits increase by 81% last year  all the while the workers had their wages stalled....


All told, the Fortune 500 generated nearly $10.8 trillion in total revenues last year, up 10.5%. Total profits soared 81%. But guess who didn’t benefit much from this giant wave of cash? Millions of U.S. workers stuck mired in a stagnant job market. [...] Nevertheless, we’ve rarely seen such a stark gulf between the fortunes of the 500 and those of ordinary Americans.




If you had a clue about economics you would know that the current tax and regulatory environment is as effective a dam against domestic economic growth as there can be. Watch where those profits get invested...because they always have been and always will...just not here without major changes.

< Message edited by NewOCDaddy -- 5/5/2011 11:38:01 AM >

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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 11:40:05 AM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline 		But that is the issue, why spend our blood and treasure on the benefit of others? The word was it would help us, another lie from the right.

What folly the right has wrought in this nation.

< Message edited by mnottertail -- 5/5/2011 11:41:20 AM >

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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 11:42:25 AM   
Fellow


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quote:

Gee....it seems for the last 2 years one of the sounds bites used often by the GOP and Faux News is how BAD Obama and his plan is for business in this country.


I do not see what GOP has to do with it. Trickle down economy is a cornerstone of Obama's understanding how economy works.  How else you explain shoveling cheap finances (and profits) to mega-corporations? The only other explanation would be he does not care about lower income classes at all.

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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 11:42:40 AM   
housesub4you


Posts: 1879
Joined: 4/2/2008
Status: offline 		You mean the "DAM" the Dems having been trying to fix and the good olde GOP keeping looking out for their corporate paymaster?  Seems to me things worked pretty well when others in the Oval Office raised the tax level on corporations, Hell even Reagan's tax increases did more then the current GOP lowering of tax's to help this country grow.




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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 11:43:27 AM   
NewOCDaddy


Posts: 134
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quote:

ORIGINAL: housesub4you

You mean the "DAM" the Dems having been trying to fix




Sure they have. Obamacare, cap and tax, EPA, expiration of the Bush tax cuts...very effective fixes.

< Message edited by NewOCDaddy -- 5/5/2011 11:44:44 AM >

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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 11:45:29 AM   
housesub4you


Posts: 1879
Joined: 4/2/2008
Status: offline 		Huh???????????????   Have you even read a newspaper since 1980???? 

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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 11:45:39 AM   
Lucylastic


Posts: 40310
Status: offline
quote:

ORIGINAL: mnottertail

There will still be unbelivers, regardless of proof.  I bet you will see a couple someones we all know from the ranks of the succubuses of St. Wrinklemeat defending the wholesale unfettering of corporations and decrying the socialist government intervention in any way restricting their damaging policies to America.  

Of course we will and have Ron, already, for EG. wilbur still using his sock puppet I see and still without any credibility. Just like the rest of them.





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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 11:45:58 AM   
rulemylife


Posts: 14614
Joined: 8/23/2004
Status: offline
quote:

ORIGINAL: NewOCDaddy

quote:

ORIGINAL: housesub4you

Gee....it seems for the last 2 years one of the sounds bites used often by the GOP and Faux News is how BAD Obama and his plan is for business in this country.   Remember how the auto loan by the government would end the free market system as we know it????? 

Yet...according to Forbes..the top 500 companies had profits increase by 81% last year  all the while the workers had their wages stalled....


All told, the Fortune 500 generated nearly $10.8 trillion in total revenues last year, up 10.5%. Total profits soared 81%. But guess who didn’t benefit much from this giant wave of cash? Millions of U.S. workers stuck mired in a stagnant job market. [...] Nevertheless, we’ve rarely seen such a stark gulf between the fortunes of the 500 and those of ordinary Americans.




If you had a clue about economics you would know that the current tax and regulatory environment is as effective a dam against domestic economic growth as there can be. Watch where those profits get invested...because they always have been and always will...just not here without major changes.


That's good to know Willbeur.

Now can you explain how those profits occurred in what we have been repeatedly told, by you and others, is an anti-business administration?

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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 11:47:57 AM   
Fellow


Posts: 1486
Joined: 9/21/2009
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quote:

Remember how the auto loan by the government would end the free market system as we know it?????


Auto loan was a subsidy for car dealerships and producers. Benefit for consumers was just a by-product and illusory (other consumers paid for it with taxes).

(in reply to housesub4you)
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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 11:49:16 AM   
Edwynn


Posts: 4105
Joined: 10/26/2008
Status: offline


quote:

ORIGINAL: NewOCDaddy

If you had a clue about economics you would know that the current tax and regulatory environment is as effective a dam against domestic economic growth as there can be. Watch where those profits get invested...because they always have been and always will...just not here without major changes.



"If you had a clue about economics ... "

Which you obviously lack, so quit bitching about others in that regard.

Sweden and Germany and Denmark and some others have plenty of domestic investment, in direct contravention to your and the media's silly crap in futile argument elsewise as to this country.

Plug it.

Enough damage has been done here already.









< Message edited by Edwynn -- 5/5/2011 11:55:11 AM >

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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 11:49:45 AM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline 		And is there anything in this country that does not happen in that way?

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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 11:49:58 AM   
NewOCDaddy


Posts: 134
Joined: 1/26/2008
Status: offline
quote:

ORIGINAL: rulemylife

quote:

ORIGINAL: NewOCDaddy

quote:

ORIGINAL: housesub4you

Gee....it seems for the last 2 years one of the sounds bites used often by the GOP and Faux News is how BAD Obama and his plan is for business in this country.   Remember how the auto loan by the government would end the free market system as we know it????? 

Yet...according to Forbes..the top 500 companies had profits increase by 81% last year  all the while the workers had their wages stalled....


All told, the Fortune 500 generated nearly $10.8 trillion in total revenues last year, up 10.5%. Total profits soared 81%. But guess who didn’t benefit much from this giant wave of cash? Millions of U.S. workers stuck mired in a stagnant job market. [...] Nevertheless, we’ve rarely seen such a stark gulf between the fortunes of the 500 and those of ordinary Americans.




If you had a clue about economics you would know that the current tax and regulatory environment is as effective a dam against domestic economic growth as there can be. Watch where those profits get invested...because they always have been and always will...just not here without major changes.


That's good to know Willbeur.

Now can you explain how those profits occurred in what we have been repeatedly told, by you and others, is an anti-business administration?



You might want to look at the source of the profits. Hint: it wasnt increased revenues.

(in reply to rulemylife)
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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 11:51:04 AM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline 		Hint: it was. Even a person who is an itinerant insurance peddler posing as someone with economic knowhow  should know that third quarter preceeds April 15th. 

< Message edited by mnottertail -- 5/5/2011 11:54:04 AM >

_____________________________

Have they not divided the prey; to every man a damsel or two? Judges 5:30


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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 11:52:19 AM   
rulemylife


Posts: 14614
Joined: 8/23/2004
Status: offline
quote:

ORIGINAL: NewOCDaddy


quote:

ORIGINAL: rulemylife

quote:

ORIGINAL: NewOCDaddy

quote:

ORIGINAL: housesub4you

Gee....it seems for the last 2 years one of the sounds bites used often by the GOP and Faux News is how BAD Obama and his plan is for business in this country.   Remember how the auto loan by the government would end the free market system as we know it????? 

Yet...according to Forbes..the top 500 companies had profits increase by 81% last year  all the while the workers had their wages stalled....


All told, the Fortune 500 generated nearly $10.8 trillion in total revenues last year, up 10.5%. Total profits soared 81%. But guess who didn’t benefit much from this giant wave of cash? Millions of U.S. workers stuck mired in a stagnant job market. [...] Nevertheless, we’ve rarely seen such a stark gulf between the fortunes of the 500 and those of ordinary Americans.




If you had a clue about economics you would know that the current tax and regulatory environment is as effective a dam against domestic economic growth as there can be. Watch where those profits get invested...because they always have been and always will...just not here without major changes.


That's good to know Willbeur.

Now can you explain how those profits occurred in what we have been repeatedly told, by you and others, is an anti-business administration?



You might want to look at the source of the profits. Hint: it wasnt increased revenues.


Then what was it economic guru?

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RE: What happened to the "Trickle Down Theory"? - 5/5/2011 11:58:20 AM   
ChatteParfaitt


Posts: 6562
Joined: 3/22/2011
From: The t'aint of the Midwest -- Indiana
Status: offline
quote:

What happened to the "Trickle Down Theory"?


It trickled away.


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