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Mike 03

(16,616 posts)
11. We also invest in potential--the potential for something creative and small to grow
Tue Feb 2, 2021, 01:45 PM
Feb 2021

into something big and profitable, whereas it seems the Republican way is to reward cruder manifestations of success, like net worth (through tax cuts and loopholes), allocating more money to corporations and individuals already at the top of the list hoping they will expand and employ, when they move towards automation and financial strategies that don't result in expansion.

I think it's Thomas Piketty in his book "On Capital" argues that the wealthiest among us don't actually spend much money. That capital often sits and accumulates more capital. Or worse, incestuous schemes like share buybacks...

Part of the reason is no Trickle-Down Economics. no_hypocrisy Feb 2021 #1
This, for the explanation. nt Buckeye_Democrat Feb 2021 #3
Yes. Just this morning my daughter was complaining about her Trumpy economy teacher Buckeyeblue Feb 2021 #5
This Tommymac Feb 2021 #7
Yes, and the GOP has been LYING about better economies... Buckeye_Democrat Feb 2021 #2
what too many people miss.. stevesinpa Feb 2021 #13
"Better" means different things to people... Harker Feb 2021 #4
But are Republican policies actually better for the rich? Relative to working class people, maybe, tclambert Feb 2021 #15
I appreciate your pizza math... Harker Feb 2021 #20
We don't do trickle down! Wawannabe Feb 2021 #6
the NYT, as usual... relies on the work of others. WarGamer Feb 2021 #8
I'll give one: Overall, liberals BELIEVE in government of, by and for the people Hortensis Feb 2021 #9
There's an old saying that every Republican knows, but never says out loud DFW Feb 2021 #10
We also invest in potential--the potential for something creative and small to grow Mike 03 Feb 2021 #11
"Over the last four decades... Republicans have run up larger deficits than Democrats" malthaussen Feb 2021 #12
This has been true for such a long time....WHY CAN'T DEMOCRATS PUBLICIZE THIS BETTER? LiberalLovinLug Feb 2021 #14
+1. . . . nt Bernardo de La Paz Feb 2021 #18
No, its not the news networks fault. We need to have a discussion on progressive messaging ... uponit7771 Feb 2021 #21
The GOP has been the one bit whore of big business since 1870. Dawson Leery Feb 2021 #16
TBF, you just left out the whole Progressive Teddy Roosevelt Era. Deffo NOT a big business Celerity Feb 2021 #19
Not difficult: Ds invest in people. Rs invest in trickle down. People work, trickles don't Bernardo de La Paz Feb 2021 #17
Democrats consult bona fide experts about the economy and what should be done to improve it. Vinca Feb 2021 #22
Latest Discussions»General Discussion»The Economy Does Much Bet...»Reply #11