Trickle-down economics ( aka “Reaganomics”) has been tried many times in many countries. It has never worked. It only makes the rich richer at the expense of the poor and middle class.
The Republicans want money to go to the rich rather than the middle class because they are beholden to them—the money to finance their campaigns comes from the rich. They tell the public that it will “trickle it down”, and everyone will benefit. This is the standard Republican rationale for giving money to those who are already rich. Trickle down has never worked, as far as raising the standard of living, anywhere that it has been tried. And, it is completely illogical to believe that it ever could. If you are paying a guy to cut your lawn and he’s doing an adequate job, then you get a tax cut, do you raise his pay? Neither will the 1%ers. The only reason to spend more on hired help is that you need more workers to get the job done. The only way more workers will be needed is if there is an increased demand for product- in other words people are buying more stuff. The only reason people would be buying more stuff is that they can afford it. And, the only reason that more people can afford more is that they are the ones getting the tax cuts, not the rich guys. Trickle down just gives the rich guys more money to hide offshore, or more money to buy more politicians to write laws so they have more money to hide offshore. If you want that money to stay in America, increase production, and raise everyone’s standard of living, trickle UP will do the job, not trickle down.
seanfear over 2 years ago
such a spongy business …
macky87 over 2 years ago
That’s another way to say that the CEO just got another raise.
Purple People Eater over 2 years ago
Trickle-down economics ( aka “Reaganomics”) has been tried many times in many countries. It has never worked. It only makes the rich richer at the expense of the poor and middle class.
Holilubillkori Premium Member over 2 years ago
Is this the new “Retail”? Which btw was a funny strip and still is… (^◡^ )
hk Premium Member over 2 years ago
True, they are wrong, but you can leave and find another job. You might find one that you are happy at.
Diane Lee Premium Member over 2 years ago
The Republicans want money to go to the rich rather than the middle class because they are beholden to them—the money to finance their campaigns comes from the rich. They tell the public that it will “trickle it down”, and everyone will benefit. This is the standard Republican rationale for giving money to those who are already rich. Trickle down has never worked, as far as raising the standard of living, anywhere that it has been tried. And, it is completely illogical to believe that it ever could. If you are paying a guy to cut your lawn and he’s doing an adequate job, then you get a tax cut, do you raise his pay? Neither will the 1%ers. The only reason to spend more on hired help is that you need more workers to get the job done. The only way more workers will be needed is if there is an increased demand for product- in other words people are buying more stuff. The only reason people would be buying more stuff is that they can afford it. And, the only reason that more people can afford more is that they are the ones getting the tax cuts, not the rich guys. Trickle down just gives the rich guys more money to hide offshore, or more money to buy more politicians to write laws so they have more money to hide offshore. If you want that money to stay in America, increase production, and raise everyone’s standard of living, trickle UP will do the job, not trickle down.
Teto85 Premium Member over 2 years ago
Trickle down? Thank of a two storey outhouse and you are on the ground floor.
asrialfeeple over 2 years ago
It’s a mice place to visit, but you wouldn’t want to live there.