"Trickle-Down"

by Ben Reilly Mon Jun 22, 2015 4:22 pm

What's really funny is that all these advocates of trickle-down economics and austerity measures don't seem to know the one fool-proof trick for determining whether deregulation could spur economic activity.

Basically, you look for a black market. If there's a large black market, whatever regulations or laws are making it "black" could at least theoretically be revised or rescinded and create "legit" economic expansion. Just ask the states of Colorado and Washington Smile

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Of course, not every black market would be appropriate for this -- and the vast majority of what trickle-downers want to deregulate has no attendant black market, meaning the regulations just increase the already-vast wealth of the people running said market.

by Lone Wolf Wed Jun 24, 2015 9:24 pm

RONALD REAGAN and Margaret Thatcher demonstrated overwhelmingly back in the 1980s that the "Trickle Down" economic hyperbole was all "bunkum"...

THIS fact of life was firmly reiterated with the Global Stockmarket meltdowns and widespread recessions [and the occasional Depression ~ just look at Greece, Italy, Spain..] following the American-housing led "GFC"..

AND YET the 'Economic Rationalist' voodoo economics diehards still insist on promising that pandering to their rich mates and giving enormous tax breaks to their corporations will eventually make everyone that much richer !

SOMEHOW..

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by Lurker Sun Jan 17, 2016 7:26 pm

I found this post on FB and had to share it. It is spot on: "Trickle down [economics] used to be called horse and sparrow, which is more appropriate. If you give the horse enough oats, a few might end up in its crap for the sparrow to get a little bit."
There you have the Republican philosophy in a nut shell.

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