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Edited by Ghost4201990:
10/22/2016 5:40:35 PM
13
You leftists need to learn basic economics
Many times I've heard the zombie response of "trickle down economics doesn't work."
High taxation and regulation hurt an economy. Everyone knows that the economy grows from people investing money. You create less jobs from over taxing and over regulating any income class or industry so people have less money to invest and the market slows. This is proven by the lousy 1-2% growth under obama. Reagan had an average of 7% growth a quarter from his major tax,regulation, and spending cuts.
The reason why redistribution of wealth doesn't work is you give people bad with money more money they'll just be bad with that money as well and if you do it with big corporations you make them too big to fail killing small businesses. Redistribution of wealth on any scale doesn't work and is theft plain and simple
English
#Offtopic
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We are about to spend 1 trillion under trumps new plan.
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I'm left handed and I'm offended
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7 RepliesTricle down works if you cut over all spending which hasn't been done in 100 years.
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1 ReplyHigh taxes slow growth, that's true. However, in some cases the projects that the taxes go towards (education, infrastructure, etc.) have a positive effect on the economy that is, in the long term, greater than the slowdown caused by the taxation. Whether you think the government is capable of adequately handling such projects is a whole other question, but there is a theory behind higher tax rates.
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6 RepliesReagan's deregulation lead to the savings and loans crisis of the early 90s. Some regulation will always be needed.
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The left is just full of wishful thinking. Yeah it's great to want to do all the good and nice things but sometimes you don't have the means to create all of what they believe everyone deserves.
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34 RepliesOr you could, and I'm just spit balling here, be moderate and lie somewhere in the middle.
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19 Repliesomfg another touched conservatives [b]trickle down economics is a joke end of story[/b]
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1 Reply[url=https://psmag.com/the-imf-confirms-that-trickle-down-economics-is-indeed-a-joke-207d7ca469b#.khx7ol13p]Look what I found.[/url]
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1 Reply[quote]Everyone knows that the economy grows from people spending money.[/quote] Not necessarily. It's this line of reasoning that lets politicians get away with stimulus packages. The Broken Window Fallacy explains why merely increasing the amount of money people spend doesn't actually create prosperity.
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12 RepliesWhoa whoa whoa, you can't even handle your own finances, you're in no position to comment on economics.
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1 Reply[quote]You leftists need to learn economics[/quote] [quote]You leftists [/quote] [quote][u]leftists[/u][/quote] [quote][b][u][i]LEFTISTS[/i][/u][/b][/quote] Why.
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28 RepliesRandom though, rather than just giving out money to anyone on either end of the extremes (big business or people bad with money), why not take a certain divot out of companies who get past a certain size and infuse that money into smaller companies who apply for lets say expansion grands or even let individuals apply for these grands to start their own businesses. Now obviously there is a risk for abuse but that is just inherent to any system, even your own you proposed, so steps would have to be taken to try and prevent that. But you can put stipulations on the grands to make sure, for example, it is a person has not tried to start a new company and failed like twice or something. The idea being to give companies reasons not grow to "too big to fail" or monopoly sizes while giving people an incentive to try and create competition. Then you can keep giving grants to people who keep starting successful small companies and selling them off while cutting off grands to those who have proven to be ineffective with money. Since the money would come from a fine (not putting a size to this as it can be tiny or large but i'm thinking somewhere in the middle) to companies above a certain sizes, it basically means large companies are funding their own competition.
