Author Topic: Trickle down economics  (Read 4504 times)

Soul Crusher

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Re: Trickle down economics
« Reply #50 on: May 16, 2009, 11:15:44 AM »
now you're talking alternative uses of the 50 bil.  some of them are great ideas.

But we were discussing whether or not 50 bil of consumer spending will make a diff.

it will. 

HOW much?  that's debatable.  But the belief that "it won't make no difference cause ppl will just buy beer and cigs" is a silly argument form a grown man.  It will make some. w e can debate how much.


What I am talking about is using the money in a way that will have a long lasting positive impact, not be pissed down the toilet.   

IFBBwannaB

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Re: Trickle down economics
« Reply #51 on: May 16, 2009, 11:21:39 AM »
What I am talking about is using the money in a way that will have a long lasting positive impact, not be pissed down the toilet.   

Yeah...240 is an economic genius.

You can give him a AAA government bond with 20% coupon and he will choose a 5% trash bond instead...and justify it by saying that he gets a positive yield in both ways  ::)

Soul Crusher

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Re: Trickle down economics
« Reply #52 on: May 16, 2009, 11:27:22 AM »
Yeah...240 is an economic genius.

You can give him a AAA government bond with 20% coupon and he will choose a 5% trash bond instead...and justify it by saying that he gets a positive yield in both ways  ::)

It seems as if he is arguing that giving $250 to people to spend at the bodega and walmart is the same as using the money to build nuclear plants, factories, etc.

Why is no one talking about using the money to create Desalinisation plants????  We need those too.   

IFBBwannaB

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Re: Trickle down economics
« Reply #53 on: May 16, 2009, 11:34:27 AM »
It seems as if he is arguing that giving $250 to people to spend at the bodega and walmart is the same as using the money to build nuclear plants, factories, etc.

Why is no one talking about using the money to create Desalinisation plants????  We need those too.   

Because of the same reason that they deny that Obama and them aren't on the same page on Iraq,Afghanistan and gay marriage....they are nothing more than slaves with a keyboard.

Anyway 240...in engineering there is a very common practice of neglecting....50Bil/14Tril=0.35% ....any engineer...economics major..or just a sane man will say that it's a negligible amount.

Money spread thin can't be leverage while money given in a centralized manner can be made into much more money.

Got it?

tonymctones

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Re: Trickle down economics
« Reply #54 on: May 16, 2009, 12:01:19 PM »
the problem as i see it and 240 is missing is the government isnt creating anything that will bring in revenue since thats a fact and the money that is given to these ppl that have temp jobs is essentially taken from the tax payer it will result in less spending by the person the money is being taken from so it will simply equal out if that...

IFBBwannaB

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Re: Trickle down economics
« Reply #55 on: May 16, 2009, 12:03:35 PM »
the problem as i see it and 240 is missing is the government isnt creating anything that will bring in revenue since thats a fact and the money that is given to these ppl that have temp jobs is essentially taken from the tax payer it will result in less spending by the person the money is being taken from so it will simply equal out if that...

Yep, he's trying to create a perpetuate motion machine in it's economics version....won't work.

Soul Crusher

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Re: Trickle down economics
« Reply #56 on: May 17, 2009, 07:49:04 AM »
Yep, he's trying to create a perpetuate motion machine in it's economics version....won't work.

I have never seen a better alternative theory to economic behavior than trickle down.   

However, we should not have trickle down - we should have trickle everywhere. 

Everyone is overburned with taxes on all levels.