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I believe in trickle UP economics

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Ruffhowse Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-28-04 06:21 AM
Original message
I believe in trickle UP economics
None of this BS Repuke trickle down economics. Trickle UP economics is the wave of the future. Government should invest in the middle to lower classes with tax breaks, expanded and subsidized education opportunities, and government projects to insure quality and quantity of employment. This puts more capital into the hands of the lower to middle class people, and they in turn go out and SPEND IT. This increases economic growth, causing more good jobs to be created for the same classes of people and putting even more money in their hands. Companies thrive and expand and even the rich prosper because their businesses are doing so well and the healthy economy keeps their investments strong and growing. So seeding the economy with money at the lower end benefits everyone and even trickles UP to the already wealthy. Roosevelt was right on with his New Deal programs. They led to a half century of prosperity for this country.
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Spinzonner Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-28-04 06:23 AM
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1. I believe in Tinkle Down economics

where the rich piss on everyone below them on the economic ladder.

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ayeshahaqqiqa Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-28-04 06:25 AM
Response to Original message
2. you are absolutely right, of course
but I guess the greedy just got greedier and couldn't wait for money to trickle up when they could steal it from the poor.
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Kire Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-28-04 07:01 AM
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3. sounds kinky
well, it does
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annabanana Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-28-04 07:19 AM
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4. "trickle up" is the only thing that has EVER worked for
the best life for the most people.....
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bryant69 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-28-04 07:52 AM
Response to Original message
5. Yep
the problem, seen from the rich's point of view, is that this system puts to much power in the hands of people who aren't them.

Bryant
Check it out --> http://politicalcomment.blogspot.com
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ck4829 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-28-04 07:56 AM
Response to Original message
6. I agree
I believe there are many potential philanthropists in the lower and middle classes who may have great ideas and want to support humanitarian causes, but they just don't have any money to bring their dreams to life.

Trickle Down Economics was just an excuse to let the rich get richer.
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