There is no such thing as "Trickle down".never has been and never will be

[Bandit]

Money/wealth ALWAYS trickles up and never down...Poor people spend it as quick as they get it just on essentials and that money goes into the pockets of the wealthy. The wealthy saves and invests, they don't spend all that much, they accumulate. The Entire Republican Logic on this is an out an out LIE. Money ALWAYS ends up at the top...ALWAYS...

[HopeHoops]

1. OH BULLSHIT! Reagan's "trickle down" worked PERFECTLY and as designed from the biginning.

I got pissed on by the upper class, didn't you?

[Democrats_win]

5. Now they're manipulating food and gas prices. It's become a crime!

[HopeHoops]

6. "Republican" and "criminal" are basically synonyms.

[Shandris]

9. Ever since my 'conversion', I've called it Trickle-On Economics.

Seems to be a bit more appropriate, and gets the point across quite well. :D

[HopeHoops]

10. Or "tinkle on"

:evilgrin:

[louis-t]

14. Archie Bunker called it "tinkle-down".

}(

[HopeHoops]

15. "Where's Archie?"

:hurts: (flush)

[smirkymonkey]

17. I call it "Shit On"

[joeybee12]

2. demand drives production drives profits...

always starts bottom then up, always. knr

[Uncle Joe]

13. Exactly, without demand, supply would be meaningless as there would be no profit.

Demand drives profit, profit drives power, power drives corruption and corrupt power doesn't want to share or trickle down, it wants to remain aloft and/or aloof.

I believe the phrase of "supply and demand" to be backward, it should be "demand and supply" after doing a little research via Wikipedia, I found this, I wonder who flipped it?

http://en.wikipedia.org/wiki/James_Denham-Steuart

In 1767 he published Inquiry into the Principles of Political Economy. It was the most complete and systematic survey of the science from the point of view of moderate mercantilism which had appeared in England and indeed the first fully-fledged economics treatise to appear anywhere. Also the German philosopher Hegel recognized that book and wrote a comment about it in the year 1799.<1> Although often regarded as part of the Scottish Enlightenment which produced David Hume and Adam Smith, Steuart's economics hark back to the earlier Mercantilist era. More accurately, while on the Continent, Steuart had imbibed the sophisticated Enlightenment Mercantilism that was in the air -- particularly, German Neo-Cameralism -- which combined a legal-statist approach with a "natural" approach to economics. Although a promoter of old fashioned export subsidies and import tariffs, Steuart added several elements that tied this in with a more general theory of economic development. Unlike the old Mercantilists, he recognized Richard Cantillon's "population-subsistence" dynamics. He also introduced the concept of diminishing returns to land. Steuart juggled two interesting theories of price -- a long-run labor theory of value and a short-run "demand-and-supply" theory. Indeed, Steuart was among the first to introduce the term "equilibrium". Thus, Steuart was an important forerunner of both the Classical and Neoclassical schools in many respects. Steuart also provided one of the more able statements of the real bills doctrine of money.

[liberal N proud]

3. Shit is the only thing that trickles down

[Imagevision]

4. But it sounded like something at the time...

[rucky]

7. Ya think the Koch Brothers want to wait for the masses to wipe their asses

with their toilet tissue for them to get their share?

It's not enough to control the means of production - they want to control the money supply, so they can tell the masses when it's okay to wipe their asses and how often.

[JHB]

8. Wealth and power tend to concentrate as surely as sh*t flows downhill...

...and for pretty much the same reasons: those higher up have more leverage to push around those farther down.

That's why there need to be checks and balances to limit how much and where they can push.

[Recursion]

11. It's a sensible model in a world without credit

That is, in 15th century Amsterdam it worked pretty well.

In the real modern world, we should have demand kicking off production increases, which are financed by credit; instead, we've had credit financing the demand. Which is why we are fucked.

[unblock]

12. a rising tide lifts all boats.

tough break for the poor people at anchor, though.

[JohnnyRingo]

16. "Supply Side Economics" throws the laws of supply & demand out the window.

Adherents assume supply creates a demand for a product when they give industry a stipend to presumably use for hiring. Unfortunately for the theorists (and us) the recipients don't spend their windfall on new employees because their production already meets or exceeds demand.

If "trickle down" really worked we could subsidize the buggy whip industry to add a third shift at the factory, and buyers would flock to snatch up the newly marketed goods. The truth is, every GOP polititian that's into that sort of thing already has one.

[Ohio Joe]

18. I don't know... I feel like I'm being trickled on...

oh... you mean econimiclly... In that case, no that does not work.

[Ratty]

19. Serious question here. Please answer

Doesn't all the actual empirical evidence completely debunk "trickle down?" We've all seen the graphs, unemployment or GDP vs. tax rates, which seem to show the greatest economic times were during some of the highest tax rates in US history - which taxes were spent on social programs and infrastructure such as highways and railroads. I must be missing something here because, as reasonable as the trickle down argument can seem, actually looking at the evidence blasts the argument to smithereens and yet seemingly intelligent economists and Nobel prize winners still tout it as fact.

No kneejerk responses please. I'm willing to consider the fact that I get my graphs and whatnot from liberal sites and other graphs may point out different trends. I've also heard the other side claim that one must consider other factors but to me the trend is so clear, over so many years that these other factors must essentially zero out.



http://4.bp.blogspot.com/_8UVGnCIfOVk/TI1b0J4EALI/AAAAAAAAAYI/3bRe6GcNXY4/s320/corporatetax1.bmp

[Bandit]

23. Of course but who will tell the people the Emperor has no clothes?

:shrug:

[VoteProgressive]

20. Even Ronald's advisors admit that it was crap

[Bozita]

21. David Stockman has been sent back down the good ol' memory hole

[Johonny]

22. money does trickle down

If someone said their shower was great it has an amazing stream that you could even describe as a trickle, you would not be impressed. Yet some how millions of Americans are in love with a political economic philosophy that promises when working at its optimum performance will result in a small trickle of money flowing down. Trickle down economic does trickle a small amount of money down. But a lot more stays up top. Who in their right mind but one of the small random few with the ability to get to the top, would settle for a trickle. Trickle? I want the economy to rain.

[WhiteTara]

24. explained another way, that is

That is piss trickling down to the masses (you and me)