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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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25812157 No.25812157 [Reply] [Original]

Redpill me on Trickle-Down Economics.

>> No.25812196

>>25812157
its a little bit like the piss running down your leg as you wrote this

>> No.25812212

>>25812157
It works but Libfags are too scared and hearts bleed too much

>> No.25812229

Pee Pee Poo Poo
Buy Sent

>> No.25812244

>>25812157
>>25812196
it all ends up on the floor

>> No.25812251

i can alright tell this thread is going to get 100 replies. Just here to type nigger

>> No.25812253

>>25812212
Oh yeah how does it work then anon? Bezo gets richer and richer everyday and the gap between rich and poor gets wider and wider.

>> No.25812267

>>25812212
It only works if you’re rich

>> No.25812269

>>25812157
It’s a scam. Rich people kept the money and bought real estate and forced you into slavery likely before you were born. A TV actor sold a sleeping America a dream, and the country is waking to a terrible nightmare.

>> No.25812306

>>25812157
Wealth isn’t numbers and every welfare queen in America lives a life of comfort and opulence that would make kings of old blush.

That’s trickledown economics.

>> No.25812330

>>25812253
You ever get a job from a poor man? No? Didn't fucking think so

>> No.25812399

>>25812330
I employed myself and pay my workers well because frankly I can, and I like them, and I have more than enough money, but the real world doesn’t work this way. Enjoy fighting like a dog for $15 dollars an hour.

>> No.25812405

>>25812253
i really hate to be the one to defend billionaires, because in a perfect world they would be taxed more, but the fact of the matter is that the government is fucking retarded and would squander whatever they took from him.

>> No.25812462

>>25812157
The idea is that most economic growth is born out of activities from people who already have lots of capital.
Ie, you don't start a business when you're broke. At least not in the 80s. And if you do, it probably doesn't become a wildly successful one that will employ thousands and create lots of shareholder value, and other runoff effects, like enriching suppliers and distributors, driving population growth around the company, which helps local business.
So don't tax rich people, and they'll have more money to grow the economy with. And they basically need to do that. No one wants to sit on huge amounts of fiat
Second side of this coin is not to tax corporations very high, so once a business grows and is valuable, it keeps growing/doesn't have a large tax hurdle.
What happened was the largest business consolidation in american history, maybe since the industrial revolution monopolies.
And it did kinda work. The economy of the 80s was very prosperous.

>> No.25812589
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25812589

If the government gave you a million dollars, would you give some to your neighbor?

Didn't think so.

>> No.25812682

>>25812405
"Him"? Oh it can't be a woman anon? You should rope

>> No.25812713

>>25812157
Built on lies like every other conservative idea.

>> No.25812723

>>25812589
No but i wish my college was paid for so my life was easier. Why should I have to pay, as the most gifted student in the class, while alcoholics and shitheads ride their dads coattails with a C average and graduate?

>> No.25812824

>>25812589
*insert "Give a man a fish" metaphor*

Cash doesn't solve the issues of the poor. The poor must learn to create value. I'm all about giving poor people the means to create value in the form of giving them a job.

>> No.25812855

>>25812824
the poor create value by cashing social security checks dumbass, they literally do not need jobs

>> No.25812870

>>25812157
ngmi

>> No.25812884

>>25812855
Enjoy being poor then I suppose.

>> No.25812928

>>25812824
Poor people need tools to create capital and competition within industry drives progress. Killing small and medium businesses in exchange for a corporate oligarchy was the end of a comfy America.

>> No.25812964

>>25812855
I create wealth for myself by clicking buttons on a screen and reading about emerging technologies that I think are fun. Why should someone work if they’re getting paid 7.25 an hour? What is the incentive? Why should someone go to college if it costs 130k? What is the incentive?

>> No.25813008

>>25812964
Does a high frequency trader deserve a better life than a single mother working 60 hours a week? Stop boot licking. They will never see you as “rich” with your 7 figures max.

>> No.25813043

>>25813008
>Does a high frequency trader deserve a better life than a single mother working 60 hours a week?
Yes.

>> No.25813104

>>25813008
If you really believe this then you should not vote Republican/Conservative.

Don't fall for right wing populism either. It is a trick.

>> No.25813114

>>25812928
>people need tools to create capital and competition
IP laws *exist*
>Killing small and medium businesses in exchange for a corporate oligarchy was the end
Most jobs and GPD contribution still comes from small and medium businesses.
Even with all the Covid nonsense they are far from dead.
What are you even on about?

>> No.25813140

>>25812253
Who cares if the gap gets wider as long as the poor are getting richer?

>> No.25813156

>>25812157
It doesn‘t work because the top is more likely to just keep the surplus of money to itself instead of making investments or any changes that lets anybody on the bottom profit off of it.

>> No.25813164

>>25812399

Somehow I dont believe you

>> No.25813187
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25813187

>> No.25813212

>>25812157
If we want to feed the birds we must give the horses seed so they can shit it out onto the road.

>> No.25813270

>>25813212
Feed all the beautiful animals to the big and suckle it’s milk forever.

>> No.25813277
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25813277

>>25812824
>The poor must learn to create value
THEY HAVE NATIONAL HEALTHCARE IN RAWANDA BUT NOT AMERICA!

>> No.25813584

>>25813187
I agree Clinton did a bad job of handling this but we live in 2020.
52% of jobs are from small businesses.

>>25813277
>Has national healthcare
>Still can't get clean water to it's people after decades of expanding infrastructure paid for by western gibs
I hope you survive your treatment after they clean your wounds with cotaminated water.

>> No.25813691

>>25813584
*2021