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UPS Union Issues
Will the trickle down economics actually work?
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<blockquote data-quote="Benben" data-source="post: 3283195" data-attributes="member: 25133"><p>Trickle down has been proven without a doubt in academic circles to not work so you and yours have reverted back to the"supply side" terminology. Well all but Laffer! Trickle down does not work period! It has NEVER worked and it will never work. Reagan tripled the debt when it was applied at the federal level. Brownback and Jindal have almost bankrupted entire states trying.</p><p></p><p>Trickle down will not work because when you give the top 1% more money they will do only 1 thing with it; they will use it in an attempt to amass more assets!!! The rich use the increased money to buy existing business's instead of starting new ones or creating more jobs. They buy companies from other rich dudes who are wanting to cash out!</p></blockquote><p></p>
[QUOTE="Benben, post: 3283195, member: 25133"] Trickle down has been proven without a doubt in academic circles to not work so you and yours have reverted back to the"supply side" terminology. Well all but Laffer! Trickle down does not work period! It has NEVER worked and it will never work. Reagan tripled the debt when it was applied at the federal level. Brownback and Jindal have almost bankrupted entire states trying. Trickle down will not work because when you give the top 1% more money they will do only 1 thing with it; they will use it in an attempt to amass more assets!!! The rich use the increased money to buy existing business's instead of starting new ones or creating more jobs. They buy companies from other rich dudes who are wanting to cash out! [/QUOTE]
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Will the trickle down economics actually work?
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