Reagan may be frat as fuck, but this dude is right. Anybody who’s taken PHD level economics courses knows that the Work-Leisure Model disproves the trickle down effect as plausible. The reasoning behind this is that a corporate tax reduction gives a firm more profits, but fails to provide a real incentive for expansion. In fact it does quite the opposite.
that’s intelligent. I’m about the least liberal person you’ll ever meet, but I’m not a fucking mindless piece of shit like y’all who believe everything somebody in the GOP tells them. There is literally no economic reason to believe that the “trickle down effect” even exists. It’s a concept that was created at a bar in DC. Written on a napkin. It doesn’t work and I challenge you to find real evidence that it has EVER worked. Without incentives for the firm to spend the surplus, there IS NO REASON FOR THEM TO HIRE MORE LABOR. That is pure economics at its finest. And no, the professor that made that apparent to me was a staunch conservative who works for the FED. So remind me again, who’s been brainwashed?
Here’s my evidence: 1980-1984. Unfucking the shit Jimmy Carter put us in using Trickle-Down economics. It may not work in every situation, but it damn sure worked in that one. If Bush would have used it, we wouldn’t be in the shit we are now. I love W to death, but his economics were too God damn liberal. Now Obama is exacerbating the fact.
We would have posted a surplus in 2005 until Bush bolstered the national defense budget AGAIN and we ended up in roughly a 500 million dollar deficit. How is that liberal?
because Bush overspent. Spending taxpayer money when it’s not needed is intrinsically liberal…at least in the modern sense of the word. He spent way, way, way too much.
that’s intelligent. I’m about the least liberal person you’ll ever meet, but I’m not a fucking mindless piece of shit like y’all who believe everything somebody in the GOP tells them. There is literally no economic reason to believe that the “trickle down effect” even exists. It’s a concept that was created at a bar in DC. Written on a napkin. It doesn’t work and I challenge you to find real evidence that it has EVER worked. Without incentives for the firm to spend the surplus, there IS NO REASON FOR THEM TO HIRE MORE LABOR. That is pure economics at its finest. And no, the professor that made that apparent to me was a staunch conservative who works for the FED. So remind me again, who’s been brainwashed?
His own vice-president called it voodoo economics. Reagan heard from one economist that with certain assumptions and given certain conditions it could plausibly work and just took that and ran with it, when in fact, there was no evidence of it being a legitimate real-world economic model. Have fun graduating from your shit school in Tennessee(because I know Vandy and Sewanee actually teach you Econ) and working as a teller at the local bank.
I refuse to believe any college in america is so shitty that they told you that trickle down economics actually works.
14 years ago at 6:14 pmshut the fuck up u liberal
14 years ago at 6:49 pmSecond.
14 years ago at 7:21 pmI refuse to believe that you know two shits about economics.
http://www.capitalismmagazine.com/economics/1115-the-trickle-down-economics-straw-man.html
14 years ago at 10:12 pmUnmatched economic growth, revival from a recession created by Jimmy Carter, all during the Cold War.
You’re a fucking idiot.
14 years ago at 11:08 pmReagan may be frat as fuck, but this dude is right. Anybody who’s taken PHD level economics courses knows that the Work-Leisure Model disproves the trickle down effect as plausible. The reasoning behind this is that a corporate tax reduction gives a firm more profits, but fails to provide a real incentive for expansion. In fact it does quite the opposite.
14 years ago at 11:13 pmIt fucking worked. How can you argue success?
14 years ago at 11:14 pmno, it didn’t. There were other factors involved.
14 years ago at 11:17 pmYour liberal professors brainwashed your mind. That’s what college does to most.
14 years ago at 11:17 pmthat’s intelligent. I’m about the least liberal person you’ll ever meet, but I’m not a fucking mindless piece of shit like y’all who believe everything somebody in the GOP tells them. There is literally no economic reason to believe that the “trickle down effect” even exists. It’s a concept that was created at a bar in DC. Written on a napkin. It doesn’t work and I challenge you to find real evidence that it has EVER worked. Without incentives for the firm to spend the surplus, there IS NO REASON FOR THEM TO HIRE MORE LABOR. That is pure economics at its finest. And no, the professor that made that apparent to me was a staunch conservative who works for the FED. So remind me again, who’s been brainwashed?
14 years ago at 11:27 pmOh…so corporate tax cuts aren’t incentive now?
Here’s my evidence: 1980-1984. Unfucking the shit Jimmy Carter put us in using Trickle-Down economics. It may not work in every situation, but it damn sure worked in that one. If Bush would have used it, we wouldn’t be in the shit we are now. I love W to death, but his economics were too God damn liberal. Now Obama is exacerbating the fact.
14 years ago at 11:56 pmWe would have posted a surplus in 2005 until Bush bolstered the national defense budget AGAIN and we ended up in roughly a 500 million dollar deficit. How is that liberal?
14 years ago at 12:30 ambecause Bush overspent. Spending taxpayer money when it’s not needed is intrinsically liberal…at least in the modern sense of the word. He spent way, way, way too much.
14 years ago at 12:33 amFaF
14 years ago at 7:04 pmno, it didn’t. There were other factors involved.
14 years ago at 11:16 pmthat’s intelligent. I’m about the least liberal person you’ll ever meet, but I’m not a fucking mindless piece of shit like y’all who believe everything somebody in the GOP tells them. There is literally no economic reason to believe that the “trickle down effect” even exists. It’s a concept that was created at a bar in DC. Written on a napkin. It doesn’t work and I challenge you to find real evidence that it has EVER worked. Without incentives for the firm to spend the surplus, there IS NO REASON FOR THEM TO HIRE MORE LABOR. That is pure economics at its finest. And no, the professor that made that apparent to me was a staunch conservative who works for the FED. So remind me again, who’s been brainwashed?
14 years ago at 11:27 pmHis own vice-president called it voodoo economics. Reagan heard from one economist that with certain assumptions and given certain conditions it could plausibly work and just took that and ran with it, when in fact, there was no evidence of it being a legitimate real-world economic model. Have fun graduating from your shit school in Tennessee(because I know Vandy and Sewanee actually teach you Econ) and working as a teller at the local bank.
14 years ago at 11:10 pmThis post is from Vandy. Hence, Fratadore. And yes, our token economics professor is rumored to have been Reagan’s chief economic advisor.
14 years ago at 5:03 pm