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Originally posted by Boddington's
You seem to be implying Keynesian C function, am I right?
You seem to be implying Keynesian C function, am I right?
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I wasn't really implying anything. I'm stating an objective fact. There is no reasonable argument to the other side. But yes you understand the function. I guess you don't agree with it though.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett Kavanaugh -
Have a read about Friedman and what he had to say about it. Lots of .pdfs out there.www.my-piano.blogspotComment
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Ah. Silly old Uncle Milty.Originally posted by Boddington's
Have a read about Friedman and what he had to say about it. Lots of .pdfs out there.
I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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People keep assuming that trickle down economics is going to work, and it keeps failing. The least we should do is try the opposite one time.
The 'war' on poverty failed as well.
We jack up corporate taxes and taxes on income over $200K to cover the shortfall.
And watch as tons of money somehow dissapears into loopholes or overseas
(especially those making just a smidge over $200k).
“I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
- John 13:34-35 (NRSV)Comment
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Beef up the IRS instead. Enforcement would be freed up from the middle class and poor. Toss some corporate officers who play fast and loose into max security facilities and watch compliance skyrocket.Originally posted by Imran Siddiqui
We jack up corporate taxes and taxes on income over $200K to cover the shortfall.
And watch as tons of money somehow dissapears into loopholes or overseas (especially those making just a smidge over $200k).
- "A picture may be worth a thousand words, but it still ain't a part number." - Ron Reynolds
- I went to Zanarkand, and all I got was this lousy aeon!
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Yeah, you can do whatever you want to do. If you want to eliminate poverty and redistribute income it's just a matter of doing it.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Beef up the IRS instead. Enforcement would be freed up from the middle class and poor. Toss some corporate officers who play fast and loose into max security facilities and watch compliance skyrocket
Who says anyone is playing fast and loose? Loopholes are inherant in the tax structure... you just gotta exploit them... nothing illegal at all.“I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
- John 13:34-35 (NRSV)Comment
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This thread...
And then people say Marx is dead....“Now we declare… that the law-making power or the first and real effective source of law is the people or the body of citizens or the prevailing part of the people according to its election or its will expressed in general convention by vote, commanding or deciding that something be done or omitted in regard to human civil acts under penalty or temporal punishment….” (Marsilius of Padua, „Defensor Pacis“, AD 1324)Comment
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OSterlich ist buntWe the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution. - Abraham LincolnComment
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Ted, you're making much more sense than usual. Did they put you on medication again?“Now we declare… that the law-making power or the first and real effective source of law is the people or the body of citizens or the prevailing part of the people according to its election or its will expressed in general convention by vote, commanding or deciding that something be done or omitted in regard to human civil acts under penalty or temporal punishment….” (Marsilius of Padua, „Defensor Pacis“, AD 1324)Comment
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Roland ist buntWe the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution. - Abraham LincolnComment
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There is also an incidental effect on inflation; transferring income to the rich will reduce the number of transactions made yearly by one dollar, therefore creates a deflation effect, whereas transferring the same amount to the poor will increase the number of transactions made yearly by one dollar, which tends to increase the inflation.Originally posted by The Templar
A rich man can only buy so many dinners, haircuts, and non-durable goods. Give a rich man $10 and that $10 is not going to have an impact if the rich man has already taken in his share. The rich man will save it (effectively taking it out of the marketplace for awhile) or invest it. But the rich man has alreadly very likely engaged in heavy investment, so this $10 is not adding anything there. Moreover, there is no guarantee that the investment will help out the poor man. In fact, if that money goes oversees to increase production at a sweatshop, both the domestic poor man and the oversees poor man are hurt.
Give it to a poor man and he will likely buy something he needs or something he wants but could not afford before getting the money. Money in motion in the marketplace is what creates jobs.Statistical anomaly.
The only thing necessary for the triumph of evil is for good men to do nothing.Comment
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Except for welfare bums.Trickle Up! That helps everyone.
Best way to kill off the welfare system, social security, etc.
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Originally posted by Kidicious
I'm stating an objective fact.
There is not one "objective fact" in economics theory. Let alone calling "trickle down is bad" an "objective fact. Hasta la victoria siempre, Comrade. 
When all else fails, blame brown people. | Hire a teen, while they still know it all. | Trump-Palin 2016. "You're fired." "I quit."Comment
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Marx is. We just have to help more of his followers get close to him.Originally posted by HershOstropoler
This thread...
And then people say Marx is dead....
When all else fails, blame brown people. | Hire a teen, while they still know it all. | Trump-Palin 2016. "You're fired." "I quit."Comment
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