So, We're Gonna Try This Whole "Trickle-Down Economics" Thing Again???

[Ford]

I was listening to NPR (you know, National Pinko Radio) on the way home tonight, and Grover "Drown the Government in a bathtub" Norquist was just about beside himself with joy over the prospect of a GOP-controlled White House/Congress combo lowering taxes on rich people "job creators," and I couldn't help but think...

Didn't we do this before?

Because it seems to me that we have, and the manna from heaven that is supposed to be generated by generous tax cuts never quite seems to trickle down. In fact since "voodoo economics" was first introduced during the Reagan years, the earning and purchasing power of the people who were supposed to have benefited has stagnated. The jobs didn't stop fleeing to cheaper overseas markets. The beneficiaries of the tax cuts didn't pass the extra money on to their employees, and the middle class has shrunk.


How many times are people going to fall for this shit?

 

[Tom Sawyer]

Seven. They're going to fall for it seven times.

Then they're going to die and, due to advances in medical care, the following generation will fall for it eight times.

 

[Loren Pechtel]

How many times are people going to fall for this shit?

Republican voters tend to have short attention spans.

It's a long time between rounds of trickle-down. It's going to be forgotten.

 

[hurtinbuckaroo]

Trickle-down, i.e. they piss on your leg and tell you they're showering you with gold.

 

[Tigers!]

How many times are people going to fall for this shit?

70 x 7?

 

[coloradoatheist]

Are we even sure what he they are going to do? Seems like a lot of possible things are going to be attempted and just want to know what we are going to do.

 

[Nice Squirrel]

Well it is going to save higher education:
http://www.chronicle.com/article/How-Trump-Could-Spark-a/238437

Two aspects of the Trump domestic program can go a long way in addressing the college affordability problem at its roots. The first is tax reform. During the campaign, Trump proposed clearing out loopholes in the tax code in exchange for a top income-tax rate of 25 percent and a top corporate rate of 15 percent. These compare with current rates of 39.6 percent and just over 35 percent, respectively.

The opportunity presented by tax reform to colleges and universities is significant, even revolutionary. The lower the rate of tax on high earners, the more fortunes can be gained by a large number of people. This is the predicate of a return to the original, successful fiscal model of the university: endowments that finance virtually all operations, with tuition topping off cash flow and making students have skin in the game.

The second favorable aspect in the Trump program is his insistence that climate change is a hoax. Climate science is big money in universities today, with grants from the federal government totaling in the hundreds of millions per year. There is a cui bono problem with the research establishment’s position that vigorously addressing climate change is an urgent matter.

That is unless the Liberal College Professtraitors get their way:
https://www.insidehighered.com/news...accused-liberal-bias-and-anti-american-values

A new website is asking students and others to “expose and document” professors who “discriminate against conservative students, promote anti-American values and advance leftist propaganda in the classroom.”
The site, called Professor Watchlist

 

[TV and credit cards]

Are we even sure what he they are going to do? Seems like a lot of possible things are going to be attempted and just want to know what we are going to do.

As The Donald said, he's not going to let "Wall Street get away with murder". Though I don't think his audience took the comment as just that.
http://www.bloomberg.com/politics/a...culed-are-already-embracing-his-future-regime

 

[coloradoatheist]

Are we even sure what he they are going to do? Seems like a lot of possible things are going to be attempted and just want to know what we are going to do.

As The Donald said, he's not going to let "Wall Street get away with murder". Though I don't think his audience took the comment as just that.
http://www.bloomberg.com/politics/a...culed-are-already-embracing-his-future-regime

But that was the issue, Trump talked out of both sides. We'll have to wait until official plans get put forth to see. He also talked about major trade wars with China and Mexico, but we'll see what gets planned.

 

[ideologyhunter]

Read The Republican Brain by Chris Mooney -- all about reality denial by our dear friends on the right. And Trickle Down aint the only dessicated carcass they're still gnawing on. Somehow if we just keep bombing and invading, we'll get the pesky Middle East to become a happy region of democracies that love us. Somehow if we just cut taxes enough, the revenue will come roaring in to our government, because, you know, tax cuts pay for themselves. Global warming? Hoax. Evolution? Whimsy. Progressive taxation? That's class warfare. Fox News? Fair 'n' balanced. Obama? Kenyan. Who respects women more than Donald J. Trump? No one, that's who.

 

[coloradoatheist]

From here, his policy plan for 100 days doesn't include any major tax cuts

http://www.cnn.com/2016/11/21/politics/donald-trump-outlines-policy-plan-for-first-100-days/index.html

The most controversial one is removing the environmental protections.

 

[Cheerful Charlie]

Why not try supply-side economics again? Its been a failure every time it has been tried so why not? Stupid is why. Stupid idea, stupid party, stupid voters. Stupid, stupid, stupid! Right winger radio, and TV talking heads have been outraged by our deficits. "$19 trillion in debt! Slobber, drool!" Not bothering to mention how we got there. So they wanted Trump. Whose plans had bee repeatedl shown to cause massive deficits by experts in economics. And they didn't get it. Total stupidity is why. I have no faith in Americans any more. Give them stupid and they will take it and gulp it down every time. The GOP is stupid incarnate.

 

[DBT]

Trickle Down is more like a Sporadic Drip.

 

[AthenaAwakened]

Trickle Down is more like a Sporadic Drip.

trickle down is more like piss on poor and working folk

 

[DBT]

Trickle Down is more like a Sporadic Drip.

trickle down is more like piss on poor and working folk

That sums it up nicely.

 

[DrZoidberg]

I was listening to NPR (you know, National Pinko Radio) on the way home tonight, and Grover "Drown the Government in a bathtub" Norquist was just about beside himself with joy over the prospect of a GOP-controlled White House/Congress combo lowering taxes on rich people "job creators," and I couldn't help but think...

Didn't we do this before?

Because it seems to me that we have, and the manna from heaven that is supposed to be generated by generous tax cuts never quite seems to trickle down. In fact since "voodoo economics" was first introduced during the Reagan years, the earning and purchasing power of the people who were supposed to have benefited has stagnated. The jobs didn't stop fleeing to cheaper overseas markets. The beneficiaries of the tax cuts didn't pass the extra money on to their employees, and the middle class has shrunk.


How many times are people going to fall for this shit?

Reaganomics has nothing to do with trickle-down economics. That's what he said. But the key to "success" of Reaganomics is to borrow heavily and live off that money and pretend things are going awesomely.

 

[Harry Bosch]

Why not try supply-side economics again? Its been a failure every time it has been tried so why not? Stupid is why. Stupid idea, stupid party, stupid voters. Stupid, stupid, stupid! Right winger radio, and TV talking heads have been outraged by our deficits. "$19 trillion in debt! Slobber, drool!" Not bothering to mention how we got there. So they wanted Trump. Whose plans had bee repeatedl shown to cause massive deficits by experts in economics. And they didn't get it. Total stupidity is why. I have no faith in Americans any more. Give them stupid and they will take it and gulp it down every time. The GOP is stupid incarnate.

It's funny, the republicans have been whinning about the federal deficit under Obama, even though Obama only controlled 1/3 of the government. Well now the republicans control everything. And yes, trickle down will be implemented to an extent that we've never had before. Here's the sad part, republicans believe that higher spending and lower taxes will LOWER the deficit! It's funny, but also sad. Anyway, hopefully after the next two years go away, that we'll never have to listen to the BS that dems increase the deficit!

 

[dismal]

Why not try supply-side economics again? Its been a failure every time it has been tried so why not? Stupid is why. Stupid idea, stupid party, stupid voters. Stupid, stupid, stupid! Right winger radio, and TV talking heads have been outraged by our deficits. "$19 trillion in debt! Slobber, drool!" Not bothering to mention how we got there. So they wanted Trump. Whose plans had bee repeatedl shown to cause massive deficits by experts in economics. And they didn't get it. Total stupidity is why. I have no faith in Americans any more. Give them stupid and they will take it and gulp it down every time. The GOP is stupid incarnate.

It's funny, the republicans have been whinning about the federal deficit under Obama, even though Obama only controlled 1/3 of the government. Well now the republicans control everything. And yes, trickle down will be implemented to an extent that we've never had before. Here's the sad part, republicans believe that higher spending and lower taxes will LOWER the deficit! It's funny, but also sad. Anyway, hopefully after the next two years go away, that we'll never have to listen to the BS that dems increase the deficit!

When did bosch's account get taken over by a democrat party hack?

 

[Harry Bosch]

It's funny, the republicans have been whinning about the federal deficit under Obama, even though Obama only controlled 1/3 of the government. Well now the republicans control everything. And yes, trickle down will be implemented to an extent that we've never had before. Here's the sad part, republicans believe that higher spending and lower taxes will LOWER the deficit! It's funny, but also sad. Anyway, hopefully after the next two years go away, that we'll never have to listen to the BS that dems increase the deficit!

When did bosch's account get taken over by a democrat party hack?

I've always been a moderate. Like many, I'm very pro business and economic development, liberal on social issues, pro science. The republican party has become the opposite. They are now very anti business: anti free trade, anti SBA, anti XM Bank, higher deficit, and etc. Reps have evolved on social issues, moved left. But abortion rights will be soon terminated on a nationwide basis. There's no need for me to comment on science. Republicans like to hide science issues in order to keep the crazies in your party. But now the crazies are in charge.

I did vote for Obama last time. Mostly because I didn't want another invasion in the US. But I wouldn't have been crushed if Romney had won. But it is difficult for me to ever consider voting republican again.

 

[Ford]

From here, his policy plan for 100 days doesn't include any major tax cuts

http://www.cnn.com/2016/11/21/politics/donald-trump-outlines-policy-plan-for-first-100-days/index.html

Donald J Trump would like to have a word with you:

https://www.donaldjtrump.com/policies/tax-plan

Some of the cuts he proposes are a lowering of the top rate from 39.5 to 33 percent. He'll repeal the estate tax (a boon for the wealthy) and cut the corporate tax from 35 to 15 percent. These are major tax cuts by any measure.