TexasWife25
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I'm seeing lots of democrats talking about how the economy grows from the middle out. Republicans are all about the trickle down, so .... Who's right?
Trickle down or from the middle out?
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Adre
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Generally speaking, the middle class spends a lot more money than the upper tier, both in total and in percentage of income. I don't see how you have a vibrant economy without full participation from a healthy middle class. Money trickles down, but the key word is trickle. It ain't a waterfall.
LiFeNdEaTh
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they should all bomb each other lol
Sean Renaud
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Between Texaswife and Brietbart I'm beginning to question how effective murder is in stopping people from posting.
Setanta84
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There really isn't a legitimate "Democratic" side to the debate. After the rise of Clinton and the DLC, no matter what the Party platform says, the actual policy prescriptions of the party in terms of economics and foreign policy has been decidedly neoliberal.
However, to answer your question, the side arguing that the middle class is the key to a vibrant economy in a capitalistic system is the right side. The middle class supplies the demand that fuels that kind of market. The rich don't because there are too few of them and they actually don't spend more than a fraction of the money they take in, they largely sit on it and let it accrue interest--which is a good reason to have a really high effective tax rate on the rich. The poor don't because, well, they're poor.
"Trickel down" has been the economic policy of movement conservatism since the New Deal era, it's just they never had the leverage to actually act on it until Reagan and didn't have the unconstrained ability to implement it until Bush. Anyone who understands economics and has paid attention for the last 30 years should be able to see the ideas are as silly and bad in practice as they were in theory.
However, to answer your question, the side arguing that the middle class is the key to a vibrant economy in a capitalistic system is the right side. The middle class supplies the demand that fuels that kind of market. The rich don't because there are too few of them and they actually don't spend more than a fraction of the money they take in, they largely sit on it and let it accrue interest--which is a good reason to have a really high effective tax rate on the rich. The poor don't because, well, they're poor.
"Trickel down" has been the economic policy of movement conservatism since the New Deal era, it's just they never had the leverage to actually act on it until Reagan and didn't have the unconstrained ability to implement it until Bush. Anyone who understands economics and has paid attention for the last 30 years should be able to see the ideas are as silly and bad in practice as they were in theory.
Busybody
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LiFeNdEaTh
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hahah
LiFeNdEaTh
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*CLICKS LINK*
TexasWife25
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No tits for you.
TexasWife25
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*giggle-snort*
Sean Renaud
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Why not? You apparently got better after I used you for shark bait. I admit I didn't expect you to recover at the time but your tits are great and I would like to share them with the world.
Setanta84
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Yeah, the guy who thinks Reagan's policies ended the recession of the early 1980s--and is comparable to the recession of 2007-2008--has TONS of room to just roll his eyes at an argument on this subject...
LiFeNdEaTh
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what about me??? lol
TexasWife25
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Wait, you killed me? I thought I was secretly richard_daily.
TexasWife25
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I have no idea who you are. *shrug* Sure tits for you.
Busybody
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Busybody
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DUMMY
There is a difference between EVERYONE BEING EQUAL and having EQUAL OPPURTUNITY and getting EQUAL RESULTS
There is no equality, save equal opportunity.
Sean Renaud
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Yep. Murdered you and fed your remains to sharks. I must say you are amazingly sexy.
No, trickle down is nonsense.
While I'm not trying to end varying economic groups there is no need for them and money being finite is half true at best.
Also the red dot your chest is ketchup. Stay calm, hold still.
Setanta84
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Even if money were a finite resource--it's not, btw--that really wouldn't address why you shouldn't distribute that resource equally or why you should give the people with the most of it already the most of whatever is left. Or why, exactly, doing that is essential to liberty.
Busybody
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Other than removing all incentive for success, there's absolutely nothing wrong with communism.
