a bit off with ethics,asethetics and civics

Random qs: does trickle down economics work?

NO SUCH THING

that is lefty propaganda phrase

Figured as much, but the idea behind it

imagine a world where the religion of the elites was objectivism instead of post modernism

Does it still work?

at no time did any right wing economist accept the term 'trickle-down'

Yes, but a study has shown the intention of trickle down economics is best served by reducing the tax burden on lower income individuals.

ever

I forgot to put thr the " "

Muh bad

@Jeremy isee.

Really, it's just a supply side reduction of tax-burden.

Of course it works.

Isee x2

using the term 'trickle-down economics' is a trap because it is a stawman of a position that DOES have particular merits

lel 😛 https://twitter.com/Fox_Claire/status/1172171705198006273?s=20

trickle down ecconomics is kind of a meme though

yup

It just works better when you're reducing the tax burden on the consumption side.

oh fuck im aggreeing with godman again

I actually found it used in a book I'm reading.

So ub

Indeed, @ManAnimal.

the thing to realize is that the reduction of a tax burden only helps an economy that is comparmentalized from world markets

So if you factor in the global market

the money must be USED under the same gov umbrella

It doesn't hold much?

otherwise that extra money is used to fund forgein workers

and buy cheap forgein goods

tariffs are required to make that idea work

It actually might work here then.

conceptually you could make an effort to stratify the worlds culture and economics and then the compartment becomes the entire globe

but thats utopian thinking

No, it still reduces the amount of expendable income, if it's an imposition on the consumer side.

it's an old argument i used to have with my conservative grandmother who was staunchly anti-union

You can make up for it by opening markets, sure, importing foreign goods and services.

Nonetheless, it's still that much less of an expendable income available to the rightful owner of the seized wages that're the byproduct of their labors.

unions place pressure on industry making it less profitable and Clinton signs NAFTA so that companies can afford to pay workers more. once the tariffs are gone, those companies just move their labor abroad

Unions are bad.