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Ruby the Liberal

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Gender: Female
Home country: East Coast US
Member since: Sun Sep 6, 2009, 07:36 PM
Number of posts: 26,126

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Eggs Actly.

I came through school under the Laffer curve and Supply Side and didn't *get* the whole shovel ready thing during the Depression - pay someone to dig a hole and pay someone else to fill it in. Looked like a total bureaucratic waste of time and money.

... UNTIL I got into Grad school and was hit upside the head with bottom up pump priming as opposed to top down trickle down.

Now it just pisses me off no end when I see this thoroughly discredited 'top down tax cut' theory being espoused by the people in charge (or hoping to be in charge) of public policy.

Maybe we do need to stock DC with 5 year olds...

At least THAT infrastructure is in place.

Posted by Ruby the Liberal | Mon Jul 2, 2012, 12:11 AM (1 replies)

You know who creates the most jobs?

People who earn a living wage that can pay for the goods and services that create the demand that causes businesses to hire, whose new employees then buy the goods and services that create the demand for other businesses to hire.

Shit on a stick - how is it that people don't *get* this where people like Rmoney get away with this shit?

1. Dude goes on vacation and pays innkeeper $100 for a room
2. Innkeeper pays staff member $100 for hours worked
3. Staff member pays grocer $100 for food
4. Grocer pays $100 to produce farmer to restock
5. Farmer pays $100 to feed/grain store for supplies
6. Etc...

Velocity of Money.

So simple a 5 year old can explain it.

So simple half of this country thinks jobs grow out of the ass of the 1% who create jobs not out of need, but the goodness of their hearts and government tax breaks...
Posted by Ruby the Liberal | Sun Jul 1, 2012, 11:38 PM (1 replies)
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