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Response to G_j (Original post)

Tue Feb 2, 2021, 08:51 AM

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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Arrow 22 replies Author Time Post
G_j Feb 2021 OP
LineReply Part of the reason is no Trickle-Down Economics.
no_hypocrisy Feb 2021 #1
Buckeye_Democrat Feb 2021 #3
Buckeyeblue Feb 2021 #5
Tommymac Feb 2021 #7
Buckeye_Democrat Feb 2021 #2
stevesinpa Feb 2021 #13
Harker Feb 2021 #4
tclambert Feb 2021 #15
Harker Feb 2021 #20
Wawannabe Feb 2021 #6
WarGamer Feb 2021 #8
Hortensis Feb 2021 #9
DFW Feb 2021 #10
Mike 03 Feb 2021 #11
malthaussen Feb 2021 #12
LiberalLovinLug Feb 2021 #14
Bernardo de La Paz Feb 2021 #18
uponit7771 Feb 2021 #21
Dawson Leery Feb 2021 #16
Celerity Feb 2021 #19
Bernardo de La Paz Feb 2021 #17
Vinca Feb 2021 #22
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