July 28, 201610 yr Funny these listed economist lean toward trickle down which has worked so wonderfully.
July 28, 201610 yr Funny these listed economist lean toward trickle down which has worked so wonderfully. no they don't. they lean toward free enterprise. Here's Sowell on "trickle down economics". Its a very brief summary of a larger piece he wrote. | National Review Here is a second brief summary that includes some important details. Thomas Sowell on the "trickle down" myth: Workers are always paid first and then profits flow upward later – if at all - AEI | Carpe Diem Blog >> AEIdeas Let me include a quote from this last link: Even with successful and well-established businesses, years may elapse between the initial investment and the return of earnings. From the time when an oil company begins spending money to explore for petroleum to the time when the first gasoline resulting from that exploration comes out of a pump at a filling station, a decade may have passed. In the meantime, all sorts of employees have been paid — geologists, engineers, refinery workers, and truck drivers for example. It is only afterwards that profits begin coming in. Only then are there any capital gains to tax. The real effect of a reduction in the capital gains tax is that it opens the prospect of greater future net profits and thereby provides incentives to make current investments that create current employment. In short, the sequence of payments is directly the opposite of what is assumed by those who talk about a “trickle-down” theory. The workers must be paid first and then the profits flow upward later – if at all. Edited July 28, 201610 yr by oldgrappler
July 28, 201610 yr Let him go, he's on a roll. Ditto...things have worked so well with the GOP in power. Takes only 8 years for a recession.
July 28, 201610 yr Tuned in tonight to a convention for the first time this year. Tim Kaine is speaking. He seems safe. I see why she chose him.
July 28, 201610 yr Tuned in tonight to a convention for the first time this year. Tim Kaine is speaking. He seems safe. I see why she chose him. You missed Michelle Obama's speech? You have to go back and watch that one!
July 28, 201610 yr Ahhh snap, speaking Spanish, speaking on how Hillary loves families and kids, pulled the Osama bin Laden card, said he trusts his son's life in Hillary's hands...... I see you, Tim Kaine. I see you.
July 28, 201610 yr You missed Michelle Obama's speech? You have to go back and watch that one! I didn't watch it. We head to Florida this weekend. I'll probably listen to it then. I focus better when driving. I won't miss my boy, President Obama though. Gonna miss that cat.
July 28, 201610 yr Kaine asks a lot of questions, can I tell ya that? You know who doesn't ask questions? :lol2:
July 28, 201610 yr Kaine makes me laugh. In a good way. I like this cat too. I don't think he speaks all that great but he makes me laugh. Closest way to my heart is laughter.
July 28, 201610 yr Author Kaine makes me laugh. In a good way. I like this cat too. I don't think he speaks all that great but he makes me laugh. Closest way to my heart is laughter. Agree completely.
July 28, 201610 yr Series of statements mocking Trump for his "believe me" line. Funniest one, "There's nothing to hide in my tax returns, believe me." Kaine is pretty effective at drawing a contrast between HRC and Trump. Whoa, talking about how his dad believed trump when he did work on trump's building and then didn't get paid because trump went bankrupt. can't believe trump, he says. Kaine is taking it to Trump. I have a feeling Trump will hit back hard. Very effective attack on Trump's credibility.
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