General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIf the top companies and richest individuals can't stimulate the economy
by the trickle down method now, what makes them think it will work if they have more?
DangerousUrNot
(431 posts)I think they know that shit doesnt work. Their constituents on the other hand are fucking clueless. As long as their donors are taking care of they feel like theyve done their job.
Wellstone ruled
(34,661 posts)for the true answer.
We are Capitalistic Economy driven by Consumer Spending. Which in turn creates Jobs. Rich people do not create a job. You and I create any new Jobs necessary to satisfy our next shinny object we purchase.
Cut off disposable income,and bang,jobs disappear and the Economy goes into the tank. Pappy Bush got his come uppens as a result of his supply side crap.
Irish_Dem
(47,140 posts)onecaliberal
(32,865 posts)VOX
(22,976 posts)The 1% get a massive tax cut, and corporations get that and more regulations lifted. They put a collective torch to the asses of the Republican Senate and Congress because they want a (big) return on their continuing investments in Republican candidates and initiatives.
Most of these monies will NOT factor into the economy. Billionaires and corporations suck up everything, and then bottom-line further by cutting payroll and benefits.
This sad act is carried out EVERY time the Republicans get control and it absolutely FAILS the general population every time. But the fat cats? They are purring like contented motherfuckers. The rising tide floats all boats is one of the biggest LIES going.
Citizens United has really destroyed America...witness the current shitstorm. And with a conservative majority in the SCOTUS for the foreseeable future, there will be no repeal.
pansypoo53219
(20,981 posts)ignore the clinton economy at all costs when tax hikes & giving the bottom worked better.