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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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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.
