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socialindependocrat

(1,372 posts)
18. but trickle-down and recouping losses are two entirely different things
Sat Dec 1, 2012, 06:13 PM
Dec 2012

based on the motivation to hoard money.

Trickle-down doesn't work because once the wealthy get their money
they want to keep it and invest it to make more money.

When a business spends more money for any reason, the business feels
it is within it's rights to raise prices., lower worker salaries and benefits
in order to recoup any potential loss of earnings.

K&R 99Forever Dec 2012 #1
Your signature line... 2naSalit Dec 2012 #22
Post removed Post removed Dec 2012 #25
Geeze... 2naSalit Dec 2012 #30
Perhaps... 99Forever Dec 2012 #32
Perhaps... 2naSalit Dec 2012 #34
John Lennon Would Not Abide, 12AngryBorneoWildmen Dec 2012 #50
I had no idea, either: Rhiannon12866 Dec 2012 #43
Oh! No wonder it was hidden. Chemisse Dec 2012 #49
That's what I thought! Rhiannon12866 Dec 2012 #62
Well 2naSalit Dec 2012 #54
I didn't know, either, so I looked it up... Rhiannon12866 Dec 2012 #61
Really. DreamGypsy Dec 2012 #31
Well... Andy823 Dec 2012 #2
They've been selling the BIG LIE... sendero Dec 2012 #46
Got any other ideas? Mr. Mojo Risen Dec 2012 #3
Seriously? GeorgeGist Dec 2012 #4
It is becoming more of a threat than a statement of economic theory. Yes, we geckosfeet Dec 2012 #5
+1,000 to what you said. Unfortunately, media won't say that. freshwest Dec 2012 #9
Well put, I've always viewed it as a threat Cresent City Kid Dec 2012 #64
Hey Rethugs, 1984 wasn't supposed to be a how to manual teewrex Dec 2012 #6
Epic asscarrot! L0oniX Dec 2012 #7
Repeat ad nauseum Eddie Francis Dec 2012 #8
Welcome to DU! hrmjustin Dec 2012 #16
Welcome sellitman Dec 2012 #55
People from Utah? grantcart Dec 2012 #10
Just as the Russian Communists couldn't see how much they had screwed themselves. randome Dec 2012 #11
The job creation math doesn't add up either SamHarris2012 Dec 2012 #12
Your numbers don't add up either jmowreader Dec 2012 #13
How did you figure $105,000 tax on $300,000? nt. Mariana Dec 2012 #24
You said $300,000 profits, correct? jmowreader Dec 2012 #33
OK, thanks. Mariana Dec 2012 #37
Simple guide to how businesses are taxed jmowreader Dec 2012 #38
Oh, wow. Thanks again. nt. Mariana Dec 2012 #39
A couple of things ... NashvilleLefty Dec 2012 #40
Good points all jmowreader Dec 2012 #41
actually, your numbers don't add up either SamHarris2012 Dec 2012 #57
Both numbers add up jmowreader Dec 2012 #60
No business hires or fires based on taxes.. sendero Dec 2012 #47
What kills their arguement is how executive pay is so astronomical today davidn3600 Dec 2012 #14
OMG, Lee must really believe that, or else... Beartracks Dec 2012 #15
unfortunately many Americans still are buying it hfojvt Dec 2012 #17
but trickle-down and recouping losses are two entirely different things socialindependocrat Dec 2012 #18
I don't think the average GOP voter even knows what trickle down means. xtraxritical Dec 2012 #21
Actually, the average IQ *is* 100--because that is what the tblue37 Dec 2012 #56
What he meant to say was, "...the poorest rich people among us..." yends21012 Dec 2012 #19
It's time Flatpicker Dec 2012 #20
"raise taxes on the rich OR we will hurt you". rickyhall Dec 2012 #23
Yep, there's some history for sure!!! n/t RKP5637 Dec 2012 #28
K&R!!!!!!!!!!!!! mfcorey1 Dec 2012 #26
Trickle-Down Economics: Shit floats to the top and trickles downhill! n/t RKP5637 Dec 2012 #27
Trickle down *IS* a crock of shit and now we're fighting back. Initech Dec 2012 #29
I think it was initially designed 2naSalit Dec 2012 #35
Grover is the only one they are worried about. liberal N proud Dec 2012 #36
If we used the correct term for it trickle-down would vanish...now jmowreader Dec 2012 #42
Trickle Down KansDem Dec 2012 #44
According to the election results over 60 Million people vote GOP Resonance_Chamber Dec 2012 #45
Welcome to DU! hrmjustin Dec 2012 #59
higher taxes promote growth ! ? tomtharp Dec 2012 #48
Raising taxes on the rich Rain Mcloud Dec 2012 #51
Easy answer broadcaster75201 Dec 2012 #52
So, if a homeless person is begging by the gates of a mansion, I should... Beartracks Dec 2012 #53
I've always thought trickle-up made a lot more sense wtmusic Dec 2012 #58
Kick.. butterfly77 Dec 2012 #63
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