Poll of the Day > 50 year study on Trickle Down Economics proves it doesn't work

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Lokarin 12/19/20 7:54:20 PM #1:	https://www.cbsnews.com/news/tax-cuts-rich-50-years-no-trickle-down/ --- "Salt cures Everything!" My YouTube: https://www.youtube.com/user/Nirakolov/videos <cite>Lokarin posted [p:948542153] in 50 year st... [t:79187309]...</cite> <quote>https://www.cbsnews.com/news/tax-cuts-rich-50-years-no-trickle-down/ </quote> ... Copied to Clipboard!
Metalsonic66 12/19/20 7:55:44 PM #2:	I feel quite trickled upon TBH --- PSN/Steam ID: Metalsonic_69 Big bombs go kabang. <cite>Metalsonic66 posted [p:948542202] in 50 year st... [t:79187309]...</cite> <quote>I feel quite trickled upon TBH </quote> ... Copied to Clipboard!
Lokarin 12/19/20 8:02:41 PM #3:	Metalsonic66 posted... I feel quite trickled upon TBH Jeff Bezos' wealth increased 66% this year... how about y'allz? --- "Salt cures Everything!" My YouTube: https://www.youtube.com/user/Nirakolov/videos <cite>Lokarin posted [p:948542442] in 50 year st... [t:79187309]...</cite> <quote>Metalsonic66 posted... </cite> <quote>I feel quite trickled upon TBH</quote> Jeff Bezos' wealth increased 66% this year... how about y'allz? </quote> ... Copied to Clipboard!
Zareth 12/19/20 8:43:58 PM #4:	It took them 50 years to know that? --- It's okay, I have no idea who I am either. https://imgur.com/WOo6wcq <cite>Zareth posted [p:948543787] in 50 year st... [t:79187309]...</cite> <quote>It took them 50 years to know that? </quote> ... Copied to Clipboard!
Zeus 12/19/20 9:17:15 PM #5:	Lokarin posted... https://www.cbsnews.com/news/tax-cuts-rich-50-years-no-trickle-down/ Low taxation kinda helped build American prosperity from the get-go, so it's kinda wrong. Likewise, nations with absurdly high tax rates on the rich still have massive wealth disparities. Lokarin posted... Jeff Bezos' wealth increased 66% this year... how about y'allz? ...because his wealth is almost entirely tied to stock evaluations, which are going to rise when the company he owns is making a killing thanks to COVID lockdowns. That's why "wealth" (or net worth more specifically) is kind of a shitty metric much of the time. --- (\/)(\/)\|-\| There are precious few at ease / With moral ambiguities / So we act as though they don't exist. <cite>Zeus posted [p:948544850] in 50 year st... [t:79187309]...</cite> <quote>Lokarin posted... </cite> <quote>https://www.cbsnews.com/news/tax-cuts-rich-50-years-no-trickle-down/</quote> Low taxation kinda helped build American prosperity from the get-go, so it's kinda wrong. Likewise, nations with absurdly high tax rates on the rich still have massive wealth disparities. Lokarin posted... </cite> <quote>Jeff Bezos' wealth increased 66% this year... how about y'allz?</quote> ...because his wealth is almost entirely tied to stock evaluations, which are going to rise when the company he owns is making a killing thanks to COVID lockdowns. That's why "wealth" (or net worth more specifically) is kind of a shitty metric much of the time. </quote> ... Copied to Clipboard!
Blightzkrieg 12/19/20 9:23:58 PM #6:	Gasp --- https://imgur.com/MRzhYyY <cite>Blightzkrieg posted [p:948545058] in 50 year st... [t:79187309]...</cite> <quote>Gasp </quote> ... Copied to Clipboard!
papercup 12/19/20 9:50:57 PM #7:	What? No way, can't be --- Nintendo Network ID: papercups 3DS FC: 4124 5916 9925 <cite>papercup posted [p:948545883] in 50 year st... [t:79187309]...</cite> <quote>What? No way, can't be </quote> ... Copied to Clipboard!
Mead 12/19/20 9:51:05 PM #8:	we already knew that --- YOU control the numbers of leches. -Sal Vulcano <cite>Mead posted [p:948545892] in 50 year st... [t:79187309]...</cite> <quote>we already knew that </quote> ... Copied to Clipboard!
ClarkDuke 12/19/20 9:54:45 PM #9:	Mead posted... we already knew that most republicans denied those previous claims, like they will deny this evidence, ok? --- https://imgur.com/qL0DHFI https://imgur.com/JL9rRLt https://youtu.be/dQw4w9WgXcQ <cite>ClarkDuke posted [p:948546014] in 50 year st... [t:79187309]...</cite> <quote>Mead posted... </cite> <quote>we already knew that</quote>most republicans denied those previous claims, like they will deny this evidence, ok? </quote> ... Copied to Clipboard!
SunWuKung420 12/19/20 10:10:05 PM #10:	No shit, it doesn't work. --- For what it's worth I was the one that made up the scenario that she posted on Facebook about him beating her lmao. Cacciato 11/12/2020 <cite>SunWuKung420 posted [p:948546428] in 50 year st... [t:79187309]...</cite> <quote>No shit, it doesn't work. </quote> ... Copied to Clipboard!
man101 12/19/20 10:37:18 PM #11:	It's not like the people who push trickle down economics base much else of their political platform on reality or facts so this isn't likely to change anything. --- \\[T]// Praise the Sun <cite>man101 posted [p:948547215] in 50 year st... [t:79187309]...</cite> <quote>It's not like the people who push trickle down economics base much else of their political platform on reality or facts so this isn't likely to change anything. </quote> ... Copied to Clipboard!
BlackScythe0 12/19/20 10:47:47 PM #12:	Who could have guessed "Give all our money to the richest people in the country and trust them to do the right thing" doesn't work. <cite>BlackScythe0 posted [p:948547523] in 50 year st... [t:79187309]...</cite> <quote>Who could have guessed "Give all our money to the richest people in the country and trust them to do the right thing" doesn't work. </quote> ... Copied to Clipboard!
faramir77 12/19/20 11:27:03 PM #13:	"Trickle down" relies on "gravity" and a cup of constant, finite size in the analogy. Without high taxation on excess wealth ("gravity") and/or caps on personal wealth ("cup size"), the analogy makes zero sense and will clearly fail. --- http://www.youtube.com/watch?v=XiCtAUrZbUk -- Defeating the Running Man of Ocarina of Time in a race since 01/17/2009. -- <cite>faramir77 posted [p:948548647] in 50 year st... [t:79187309]...</cite> <quote>"Trickle down" relies on "gravity" and a cup of constant, finite size in the analogy. Without high taxation on excess wealth ("gravity") and/or caps on personal wealth ("cup size"), the analogy makes zero sense and will clearly fail. </quote> ... Copied to Clipboard!
Mead 12/19/20 11:30:06 PM #14:	ClarkDuke posted... most republicans denied those previous claims, like they will deny this evidence, ok? they can deny my foot up their ass --- YOU control the numbers of leches. -Sal Vulcano <cite>Mead posted [p:948548730] in 50 year st... [t:79187309]...</cite> <quote>ClarkDuke posted... </cite> <quote>most republicans denied those previous claims, like they will deny this evidence, ok?</quote> they can deny my foot up their ass </quote> ... Copied to Clipboard!
zhangliao1 12/20/20 1:35:20 AM #15:	Shocking who could have possibly seen this coming --- "There are many children's books that teach morals, but I don't go around worshipping mother goose." - Dynalo <cite>zhangliao1 posted [p:948551983] in 50 year st... [t:79187309]...</cite> <quote>Shocking who could have possibly seen this coming </quote> ... Copied to Clipboard!
Entity13 12/20/20 1:38:04 AM #16:	zhangliao1 posted... Shocking who could have possibly seen this coming The same people trying to sell us all on the idea for the past five decades? Not like we can opt out of the idea, however... --- http://i207.photobucket.com/albums/bb179/EntityXIII/entityfn7.jpg <cite>Entity13 posted [p:948552048] in 50 year st... [t:79187309]...</cite> <quote>zhangliao1 posted... </cite> <quote>Shocking who could have possibly seen this coming</quote> The same people trying to sell us all on the idea for the past five decades? Not like we can opt out of the idea, however... </quote> ... Copied to Clipboard!
DrunkCaveman 12/20/20 2:05:39 AM #17:	Zeus posted... ..because his wealth is almost entirely tied to stock evaluations, which are going to rise when the company he owns is making a killing thanks to COVID lockdowns. That's why "wealth" (or net worth more specifically) is kind of a shitty metric much of the time You're almost right. Everything you said until net worth is a shitty metric was accurate. His net worth is treated as real and he can leverage his stock for loans. Jeff Bezos doesn't have a billion dollars cash. He is still a billionaire <cite>DrunkCaveman posted [p:948552644] in 50 year st... [t:79187309]...</cite> <quote>Zeus posted... </cite> <quote>..because his wealth is almost entirely tied to stock evaluations, which are going to rise when the company he owns is making a killing thanks to COVID lockdowns. That's why "wealth" (or net worth more specifically) is kind of a shitty metric much of the time</quote>You're almost right. Everything you said until net worth is a shitty metric was accurate. His net worth is treated as real and he can leverage his stock for loans. Jeff Bezos doesn't have a billion dollars cash. He is still a billionaire </quote> ... Copied to Clipboard!
Gaawa_chan 12/20/20 2:16:26 AM #18:	No. Way. Really?! I am so surprised. This is me. Being surprised. Big wow. Much shock. --- Hi <cite>Gaawa_chan posted [p:948552841] in 50 year st... [t:79187309]...</cite> <quote>No. Way. Really?! I am so surprised. This is me. Being surprised. Big wow. Much shock. </quote> ... Copied to Clipboard!
Raddest_Chad 12/20/20 2:18:04 AM #19:	The 90s proved it already, but it's nice to see everyone agree. <cite>Raddest_Chad posted [p:948552872] in 50 year st... [t:79187309]...</cite> <quote>The 90s proved it already, but it's nice to see everyone agree. </quote> ... Copied to Clipboard!
DrunkCaveman 12/20/20 3:15:21 AM #20:	Raddest_Chad posted... The 90s proved it already, but it's nice to see everyone agree. Half the country won't agree <cite>DrunkCaveman posted [p:948553796] in 50 year st... [t:79187309]...</cite> <quote>Raddest_Chad posted... </cite> <quote>The 90s proved it already, but it's nice to see everyone agree.</quote>Half the country won't agree </quote> ... Copied to Clipboard!
Zeus 12/20/20 6:21:21 AM #21:	DrunkCaveman posted... You're almost right. Everything you said until net worth is a shitty metric was accurate. His net worth is treated as real and he can leverage his stock for loans. Jeff Bezos doesn't have a billion dollars cash. He is still a billionaire Well, technically he does actually have a billion dollars cash -- or did, since he cashed out some of his stock recently. I'm not entirely sure what he's done with the money since. Regardless, net worth is generally misleading and doesn't always reflect wealth as most people picture it. And, more importantly, evaluations aren't income so we could have a 100% income tax rate on the rich and their net worth could still grow year over year simply because their assets increase in value, something that people with astounding poor economic literacy -- generally the same people who whine the loudest about "trickle down economics" -- don't seem to understand. At that point you'd need to attempt something like a wealth tax, which is a policy that almost every overly-liberal nation has tried, failed, and repealed at this point because wealth taxes are generally a clumsy, stupid idea. --- (\/)(\/)\|-\| There are precious few at ease / With moral ambiguities / So we act as though they don't exist. <cite>Zeus posted [p:948556217] in 50 year st... [t:79187309]...</cite> <quote>DrunkCaveman posted... </cite> <quote>You're almost right. Everything you said until net worth is a shitty metric was accurate. His net worth is treated as real and he can leverage his stock for loans. Jeff Bezos doesn't have a billion dollars cash. He is still a billionaire</quote> Well, technically he does actually have a billion dollars cash -- or did, since he cashed out some of his stock recently. I'm not entirely sure what he's done with the money since. Regardless, net worth is generally misleading and doesn't always reflect wealth as most people picture it. And, more importantly, evaluations aren't income so we could have a 100% income tax rate on the rich and their net worth could still grow year over year simply because their assets increase in value, something that people with astounding poor economic literacy -- generally the same people who whine the loudest about "trickle down economics" -- don't seem to understand. At that point you'd need to attempt something like a wealth tax, which is a policy that almost every overly-liberal nation has tried, failed, and repealed at this point because wealth taxes are generally a clumsy, stupid idea. </quote> ... Copied to Clipboard!
lihlih 12/20/20 6:47:19 AM #22:	Trickle down economics keep getting pushed because some big people keep pushing it. There's a very popular radio financial advisor guy named Dave Ramsey, and he's stated that trickle down economics work. So when you have highly respected people like that that have millions of people listening to him say that it works, people are going to believe him. --- People come up to me... concerned.. that I'll reproduce." - Emo Philips <cite>lihlih posted [p:948556527] in 50 year st... [t:79187309]...</cite> <quote>Trickle down economics keep getting pushed because some big people keep pushing it. There's a very popular radio financial advisor guy named Dave Ramsey, and he's stated that trickle down economics work. So when you have highly respected people like that that have millions of people listening to him say that it works, people are going to believe him.</quote> ... Copied to Clipboard!
adjl 12/20/20 10:52:11 AM #23:	Mead posted... they can deny my foot up their ass If there's room for it next to their head. --- This is my signature. It exists to keep people from skipping the last line of my posts. <cite>adjl posted [p:948560976] in 50 year st... [t:79187309]...</cite> <quote>Mead posted... </cite> <quote>they can deny my foot up their ass</quote> If there's room for it next to their head. </quote> ... Copied to Clipboard!
streamofthesky 12/20/20 11:41:51 AM #24:	Metalsonic66 posted... I feel quite trickled upon TBH Adventures of Sinbad fucking called it like 2 decades ago! (should go directly to the time stamp. 25:03) https://youtu.be/_2BCxyFPIlA?t=1503 <cite>streamofthesky posted [p:948562325] in 50 year st... [t:79187309]...</cite> <quote>Metalsonic66 posted... </cite> <quote>I feel quite trickled upon TBH</quote>Adventures of Sinbad fucking called it like 2 decades ago! (should go directly to the time stamp. 25:03) https://youtu.be/_2BCxyFPIlA?t=1503 </quote> ... Copied to Clipboard!
Metalsonic66 12/20/20 11:46:08 AM #25:	Ha! --- PSN/Steam ID: Metalsonic_69 Big bombs go kabang. <cite>Metalsonic66 posted [p:948562473] in 50 year st... [t:79187309]...</cite> <quote>Ha! </quote> ... Copied to Clipboard!
Yellow 12/20/20 5:23:16 PM #26:	Man I can't believe rich people would tell me something like that if it wasn't true. --- why am I even here <cite>Yellow posted [p:948574352] in 50 year st... [t:79187309]...</cite> <quote>Man I can't believe rich people would tell me something like that if it wasn't true. </quote> ... Copied to Clipboard!
SunWuKung420 12/20/20 6:40:24 PM #27:	lihlih posted... Trickle down economics keep getting pushed because some big people keep pushing it. There's a very popular radio financial advisor guy named Dave Ramsey, and he's stated that trickle down economics work. So when you have highly respected people like that that have millions of people listening to him say that it works, people are going to believe him. It's almost as if the people you would expect to be telling the truth are actually lying to us enmasse to get their way at our expense. --- For what it's worth I was the one that made up the scenario that she posted on Facebook about him beating her lmao. Cacciato 11/12/2020 <cite>SunWuKung420 posted [p:948577117] in 50 year st... [t:79187309]...</cite> <quote>lihlih posted... </cite> <quote>Trickle down economics keep getting pushed because some big people keep pushing it. There's a very popular radio financial advisor guy named Dave Ramsey, and he's stated that trickle down economics work. So when you have highly respected people like that that have millions of people listening to him say that it works, people are going to believe him.</quote>It's almost as if the people you would expect to be telling the truth are actually lying to us enmasse to get their way at our expense. </quote> ... Copied to Clipboard!
ClarkDuke 12/21/20 8:23:32 PM #28:	Mead posted... they can deny my foot up their ass you know they will, so make sure you get in there deep, ok? --- https://imgur.com/qL0DHFI https://imgur.com/JL9rRLt https://youtu.be/dQw4w9WgXcQ <cite>ClarkDuke posted [p:948618418] in 50 year st... [t:79187309]...</cite> <quote>Mead posted... </cite> <quote>they can deny my foot up their ass</quote>you know they will, so make sure you get in there deep, ok? </quote> ... Copied to Clipboard!
Zeus 12/21/20 10:23:50 PM #29:	streamofthesky posted... Adventures of Sinbad fucking called it like 2 decades ago! (should go directly to the time stamp. 25:03) https://youtu.be/_2BCxyFPIlA?t=1503 It didn't "call it" any more than something that came out today "called it." Trick-down economics is a term going back to the 60s and earlier. By the time that show came out in the 90s, that joke was already tired... like your posts. >_> --- (\/)(\/)\|-\| There are precious few at ease / With moral ambiguities / So we act as though they don't exist. <cite>Zeus posted [p:948622832] in 50 year st... [t:79187309]...</cite> <quote>streamofthesky posted... </cite> <quote>Adventures of Sinbad fucking called it like 2 decades ago! (should go directly to the time stamp. 25:03) https://youtu.be/_2BCxyFPIlA?t=1503</quote> It didn't "call it" any more than something that came out today "called it." Trick-down economics is a term going back to the 60s and earlier. By the time that show came out in the 90s, that joke was already tired... like your posts. >_> </quote> ... Copied to Clipboard!
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Poll of the Day > 50 year study on Trickle Down Economics proves it doesn't work (+) Yeah! (+)

Poll of the Day > 50 year study on Trickle Down Economics proves it doesn't work