In the discussion thread: The Economy Does Much Better Under Democrats. Why? [View all]
Response to G_j (Original post)
Tue Feb 2, 2021, 08:51 AM
no_hypocrisy (42,679 posts)
1. Part of the reason is no Trickle-Down Economics.
If there is wealth redistribution during democratic administrations and legislatures, it's getting money to the masses, to spend. This economy is mostly driven by consumer spending. It's easy to understand: Give money to more people to spend in the economy. This leads to more orders in factories to replenish inventory and to do research & development.
By contrast, the republican governments take money from the masses and give them to the elite 1% who don't spend the extra cash; they hoard it and hide it outside the territories of the United States. That makes the businesses, the governments (local, county, state, federal) anemic for cash, which doesn't exist. In the meantime, consumers can't purchase even necessities, pay their rent or home mortgages, etc. Not to mention, the lack of money leads to instability in families as money woes are the leading cause of divorce, not sex. But the republicans who are the proxies and surrogates for the Rich don't see it and don't care. (Also there is a subsection of the masses that believe if they wait their turn in line, the Republicans will reward them for their faith and give them some of that money.) |
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Author | Time | Post |
G_j | Feb 2021 | OP | |
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no_hypocrisy | Feb 2021 | #1 |
Buckeye_Democrat | Feb 2021 | #3 | |
Buckeyeblue | Feb 2021 | #5 | |
Tommymac | Feb 2021 | #7 | |
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Celerity | Feb 2021 | #19 | |
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Vinca | Feb 2021 | #22 |
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