Does Trickle-Down Economics Actually Work?

[UsualName]

trickle down = supply side economics
When the supply side gets upset its much more serious then a weak demand side
Example now is the chip market

Wrong! You’re overthink this. The US economy is 70% consumer driven. We are a consumer based economy and that is what you want be if you’re some other country.

Supply side is for countries like Russia who are basically a large gas station and China to some extent who is a net exporter.

It’s always blown my mind why Republicans want us to be like russia when the Russians want to be like us.

As to microchips, guess what we need so good old fashioned American government intervention to build capacity.

Supply side is trash economics and right wingers pushing this second world bullshit economics is killing the middle class consumer and thus killing American economic power.

 

[Ricter]

If costs go up, a company fires workers

If a McDonald's needs 12 staff on at noon to fill its orders, it needs 12 staff on at noon and is going to keep them on. Additional costs will be added to prices, margin and competition considerations allowing.

 

[UsualName]

Who wants to see what a joke these right wing “me “ are? Here’s a half man moron right wing talk show host thinking he is making a political statement when he is just making a fool of himself by putting a piece of wood in a bag.

These are the idiots that can’t even use a circular saw but want to tell us how an economy works.

 

[El OchoCinco]

If a McDonald's needs 12 staff on at noon to fill its orders, it needs 12 staff on at noon and is going to keep them on. Additional costs will be added to prices, margin and competition considerations allowing.

That is not what I am referring to because the business demand requires the employer to maintain staffing.

The point is trickle down is a bit of a fantasy but because it relies on altruism of the rich to pass it on. If business surges and margins increase but I can still serve customers with current work force, the owner is not passing on down all these extra profits to workers with increase salary and benefits, they are pocketing the extra profits.

When trump gave these huge tax breaks to companies, most used the extra money to buy back stock or invest in themselves while only a small amount passed on some of that to workers.

Rather than give benefits to the middle and lower class, trickle down says lets take care of the richa and just hope the rich takes care of the rest.

 

[Ricter]

https://twitter.com/x/status/1385000153124200453

 

[gwb-trading]

Who wants to see what a joke these right wing “me “ are? Here’s a half man moron right wing talk show host thinking he is making a political statement when he is just making a fool of himself by putting a piece of wood in a bag.

These are the idiots that can’t even use a circular saw but want to tell us how an economy works.

View attachment 257474

https://twitter.com/x/status/1385082475043508225

 

[UsualName]

https://twitter.com/x/status/1385000153124200453

The most productive and booming years in American history were when tax on the highest incomes and biggest businesses were highest.

 

[UsualName]

https://twitter.com/x/status/1385082475043508225

Who puts a piece of wood in a plastic bag? This guy has obviously never done any real work in his life but he wants to make a meaningless point.

Ben Shapiro’s cause celebre this week, buy a shelf board at Home Depot and put it in a plastic bag like a retard.

 

[AR15]

https://twitter.com/x/status/1385000153124200453

so this guys saying raise taxes and everyone will pay but lower them and they wont want to pay? really?

 

[AR15]

The most productive and booming years in American history were when tax on the highest incomes and biggest businesses were highest.

you must not do very well for yourself if you want taxes raised haha