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/biz/ - Business & Finance


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54875451 No.54875451 [Reply] [Original]

How old were you when you finally realized trickle-down/horse-and-sparrow economics was a lie to convince the public to allow the wealthy to hoover up even more of your money and gain more power of you?

>> No.54875487

>>54875451
If you ever believed this you belong in zee pod

>> No.54875495

>>54875487
I agree, but I know there are a lot of dummies on /biz/.

>> No.54875510

>>54875451
>>54875495
Trickle down economics is a strawman invented by shit libs.

>> No.54875512
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54875512

>>54875451
Trickle-down economics is a lie. The Republicans never came up with that term; that was the Democrats who made it up.

> Supply-side economics is a macroeconomic theory that postulates economic growth can be most effectively fostered by lowering taxes, decreasing regulation, and allowing free trade.[1][2] According to supply-side economics, consumers will benefit from greater supplies of goods and services at lower prices, and employment will increase.[3] Supply-side fiscal policies are designed to increase aggregate supply, as opposed to aggregate demand, thereby expanding output and employment while lowering prices. Such policies are of several general varieties:

> Investments in human capital, such as education, healthcare, and encouraging the transfer of technologies and business processes, to improve productivity (output per worker). Encouraging globalized free trade via containerization is a major recent example.
>Tax reduction, to provide incentives to work, invest and take risks. Lowering income tax rates and eliminating or lowering tariffs are examples of such policies.
>Investments in new capital equipment and research and development (R&D), to further improve productivity. >Allowing businesses to depreciate capital equipment more rapidly (e.g., over one year as opposed to 10) gives them an immediate financial incentive to invest in such equipment.
>Reduction in government regulations, to encourage business formation and expansion.[4]

>> No.54875526
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54875526

>>54875495
> t another dummy on biz

>> No.54875531
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54875531

>>54875451
how old were you when you realised you can move between the wine glasses?

>> No.54875539
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54875539

>>54875487
You, sir, are a moron.

>> No.54875553
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54875553

>>54875510
He's referring to supply-side economics

>> No.54875626

>>54875451
Trickledown economics doesn't work. A rich guy pays to stay in a ridiculous hotel. The employees of that hotel can't afford to stay there but they can afford mcdonalds. The employees at mcdonalds can't afford mcdonalds so they buy at the grocery. Grocery can't afford food so they live off food stamps and we just expect people to volunteer to ensure the economy goes around.

So trickle down economics means we have slaves in our system. A paid slave is still a slave.

>> No.54875716

>>54875512
Lying faggot
https://www.youtube.com/watch?v=cDWKEHbBh4g

>> No.54875785
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54875785

>>54875626
As a conservative black man, I support trickle-down economics, also known as supply-side economics, for several reasons:

Economic growth: Supply-side economics fosters economic growth, benefiting everyone, including marginalized communities. Reducing taxes and regulations on businesses and high-income individuals encourages investment, innovation, and entrepreneurship. This, in turn, leads to increased productivity, job creation, and overall economic expansion.

Job opportunities: Trickle-down economics emphasizes that a thriving economy creates more job opportunities. When businesses flourish and have the resources to expand, they can hire more employees, including individuals from black communities who may be seeking employment. This can contribute to reducing unemployment rates and improving economic prospects for everyone.

Entrepreneurship and upward mobility: I support supply-side economics because it can provide a conducive environment for entrepreneurship and upward mobility. By reducing barriers to entry, such as excessive regulations and high tax burdens, it becomes easier for individuals, regardless of their background, to start businesses and pursue their economic aspirations. This can empower black individuals to create wealth, build generational wealth, and achieve financial success.

Decreased dependency on government: Supply-side economics promotes self-reliance and reduced dependence on government assistance. Encouraging economic growth and individual prosperity minimizes the need for extensive government welfare programs. This can empower individuals, including those from marginalized communities, to rely on their efforts and talents, fostering a sense of personal responsibility and achievement.

>> No.54875790

>>54875512
>>54875526
>>54875539
>>54875553
>Trickle-down economics is a lie
Glad we agree.

>> No.54875797

>>54875785
I like that ChatGPT is bumping my thread, but why change IPs? Banned already?

>> No.54875811

Literally no politician has ever proposed trickle down economics and the policies of the democrats who spam it have only made people poor, unhappy and trannies/redditors. Fuck off literally anywhere else, faggot.

>> No.54875859

>>54875811
Why would politicians propose trickle down economics while we already have trickle down economics?

>> No.54875861
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54875861

>>54875797
>>54875790
As a conservative black man, I understand that you have concerns about the term "trickledown economics" and its usage. While personal circumstances, such as my entrepreneurial success or my relationship, may be of interest, it's important to focus on the economic theory and policy in question.

Regarding the term "trickledown economics," critics argue that it inaccurately portrays the principles of supply-side economics. They believe it suggests that the benefits of economic policies solely "trickle down" to the wealthy while neglecting the broader population. However, supporters of supply-side economics argue that the theory aims to promote economic growth and opportunity for all, including marginalized communities.

One of the primary aims of supply-side economics is to foster an environment that encourages entrepreneurship and wealth creation. By reducing taxes and regulations, individuals, regardless of their background, can have the opportunity to pursue their economic aspirations and contribute to economic growth. The resulting economic expansion can potentially benefit marginalized communities by providing job opportunities, reducing unemployment rates, and fostering upward mobility.

Critics of supply-side economics and the term "trickle-down economics" often contend that wealth and prosperity concentrate among the already wealthy. However, proponents argue that a thriving economy benefits society, leading to increased tax revenues, which can fund public services, infrastructure, and social programs that support marginalized communities.

It is crucial to approach economic discussions open-mindedly and engage in respectful dialogue. Evaluating economic theories and policies requires careful analysis of their intended goals, actual outcomes, and effects on different segments of society. By focusing on substantive arguments, we can foster a better understanding of the strengths and weaknesses of various economic approaches.

>> No.54875964
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54875964

>>54875859
>Why would politicians propose trickle down economics while we already have trickle down economics?

As a conservative black man, I understand your perspective as a white liberal who supports communism and your concerns about economic policies, including the term "trickle-down economics."

In the context of your question, if you believe that we already have trickle-down economics in place, it could indicate a perception that the current economic policies disproportionately benefit the wealthy or corporations without sufficiently benefiting the broader population.

One possible explanation for politicians proposing such policies, even if perceived as "trickle-down economics," is a difference in economic ideologies and policy perspectives. Supporters of supply-side economics argue that creating a favorable environment for businesses and high-income individuals can stimulate economic growth and create opportunities for job creation. They may believe this approach will ultimately benefit the broader population through increased employment, higher wages, and overall economic prosperity.

Supporters of trickle-down economics often argue that incentives for businesses and high-income individuals can encourage entrepreneurship, which leads to job creation and overall economic expansion. Politicians may propose such policies to foster an environment that stimulates economic activity, leading to more employment opportunities and potentially benefiting marginalized communities.

Some politicians may support trickle-down economics based on the belief that reducing taxes and regulations on businesses can enhance economic efficiency and global competitiveness. They may argue that this approach can attract investment, spur innovation, and drive economic growth, positioning the country as an attractive destination for businesses and capital.

>> No.54875965

It's amazing the number of people who say trickle down is a lie also supported mass vaccination. All of you globohomo big government corporate bootlicking niggers need to be shot.

>> No.54876034

>>54875965
Yes but trickle-down is still a lie tho

>> No.54876094

>>54875451
It was completely obvious since even childhood. It's just an excuse for policies that benefit the rich.

>> No.54876109
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54876109

>>54875811
>Literally no politician has ever proposed trickle down economics and the policies of the democrats who spam it have only made people poor, unhappy and trannies/redditors. Fuck off literally anywhere else, faggot.

As a conservative black man who has achieved entrepreneurial success and supports the Republican party, I can understand why you might hold the belief that Democratic policies have negatively impacted people's economic well-being and overall happiness

One possible perspective behind this belief is that Democratic policies prioritize income redistribution and social programs, which is potentially disincentivizing individual effort and entrepreneurship. Excessive regulations, higher taxes, and a more prominent government role hinder economic growth and limit opportunities for individuals to prosper.

Additionally, certain Democratic policies, such as expansive social welfare programs, could create dependency and discourage self-sufficiency. These policies may inadvertently contribute to a cycle of poverty by disincentivizing work and individual responsibility.

>> No.54876148

>>54875451
...you still think it's a 'lie' and not just corruption?
I'll bet you think politicians are 'dumb' too right?

>> No.54876158
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54876158

>>54875811
>Literally no politician has ever proposed trickle down economics
As a conservative black man who supports the Republican party and is married to a white girl, let's delve into your statement.

It is inaccurate to claim that "literally no politician has proposed trickle-down economics ever." Although, it is true that politicians rarely explicitly advocate for policies under that label. However, variations of supply-side economics, which emphasize tax cuts, deregulation, and creating a favorable business climate, have been supported by Republicans. Over the years, Republicans have advocated for policies aligning with supply-side economics, emphasizing reducing taxes and regulations to stimulate economic growth. While the term itself may not be explicitly used, the principles and objectives align with the broader concept of trickle-down economics.

It is important to note that political rhetoric can often oversimplify complex economic theories and policies. While "trickle-down economics" is used as a pejorative label, it does not accurately represent the policies proposed by Republicans or their intentions. Democrats often use the term "trickle-down economics" as a criticism rather than a self-proclaimed policy of the Republicans.

>> No.54876203

>>54876148
It's both. The politicians aren't dumb, but you seem to be.

>> No.54876206

>>54875451
I dont think about the government I just worry about my own life