Does Trickle-Down Economics Actually Work?

Nicely stolen line from Jim Jeffries. What is better, legalize it all, including heroin and fentanyl, child pornography...after all you guys believe liberalizing anything must be good for society. Except the opposite is coming clear. The more we leave individuals and corporations to their own devices the dummer the ideas and the deeper the holes they fall into. Protecting the stupid majority from harming itself and others by regulating the shit out of things is the cheapest way we can deal with stupidity.

Bugenhagen said:
Well you have to understand Republicans got the idea in a strip club.

When you are snorting coke, many ideas can seem great.

On that, why is prostitution illegal in Amercia unless somebody films it and sells the video?
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schizo said:
Only when you have a very strong middle class. Otherwise, you will end up with the Russian model: oligopoly.
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Trickle down economics is why the American middle class is much smaller than it was in 1980. Without the economic brake of regulations and demand-side economics championed (somewhat) by the Democratic Party we would be a Russian style oligopoly by now.
 
We need a Teddy Roosevelt type leader to destroy the conglomeration of corporations, but I wouldn't hold my breath for it. All we get are corrupt politicians with their hand out for bribes after they leave office. How about our former President Obama going from community leader to owner of $20+ million homes -- gee I wonder where he got the money from? What do you expect from someone who spent 8 years in office sucking banker's cocks?

The only way the US can have real change is through economic collapse -- sadly it is what humans understand best aka suffering. Unfortunately the MMT psychos who run this country believe endless free money is the solution to all problems. The US will soon learn the lesson of all fallen empires, currency collapse leads to revolution.
 
M.W. said:
Where has trickle down economics been applied in Canada? If anything then the opposite. Canada is incredibly resource rich yet the entire oil and gas sector is starved of resources and investment and instead plastered with regulations and shutdowns and delays.

Your link makes no sense, it looks at absolute numbers of immigrants in the country at a given point in time and dates back to 2020. Canada has more immigrants than the US on a per capita basis which makes much more sense as measure. It also immigrates way more than the US in the past couple years (again, per capita). So does Germany which exhibits an economy that is almost antithetical to trickle down economics. The US is losing high value immigrants to Canada at the moment, on a net basis. The reason for this is the ridiculous immigration policies in the US. Indians and Chinese have to basically wait many decades or even centuries for a green card. Even highly skilled labor from abroad currently has a very hard time to get sponsored for immigration and work permits by us based corporations. You can thank Trump for this malaise and the current administration which has done nothing to alleviate the current issues. Most immigration lawyers in the US who are contracted or directly employed by mega corporations advise their management to hire domestically because middle and upper management talent from abroad has a very low chance of getting permission from US immigrations. Those who are currently at the helm of high tech conglomerates have come to the US years ago. The situation since then has drastically changed. The US is currently starved for high skilled talent from abroad. Why? Because US based colleges and universities to a large degree churn out woke snowflakes who preferred to major in gender studies and philosophy rather than engineering, computer science, medicine, or law.

My reason to reply to your post is to show that there is zero causal relationship between immigration statistics and trickle down economics, a link you suggested exists. There does not.
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https://news.gallup.com/poll/245255/750-million-worldwide-migrate.aspx

Top Desired Destinations for Potential Migrants
To which country would you like to move?
2010-2012 2015-2017 Estimated number of adults
% % (in millions)
United States 22 21 158
Canada 6 6 47
Germany 4 6 42
France 5 5 36
Australia 4 5 36
United Kingdom 7 4 34
Saudi Arabia 5 3 24
Spain 4 3 21
Japan 2 2 17
Italy 3 2 15
Switzerland 2 2 14
United Arab Emirates 2 2 12
Singapore 1 1 11
Sweden 1 1 9
China 1 1 9
New Zealand 1 1 9
Russia 1 1 8
Netherlands 1 1 7
South Africa 1 1 7
Brazil 1 1 6
South Korea 1 1 6
Turkey * 1 6
*Less than 0.5%
GALLUP WORLD POLL, 2015-2017
 
M.W. said:
What is better, legalize it all, including heroin and fentanyl, child pornography...after all you guys believe liberalizing anything must be good for society.
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I'm not exactly sure what "liberalizing" means in this context. Child pornography is and should be a crime; being a consumer of it is and should be a crime. Selling heroin and fentanyl is and should be a crime. Consuming it should probably not be a crime. It's sad and pathetic to use it, and physically and mentally disastrous. But a crime? Criminalizing its use has arguably achieved nothing other than incarceration and the considerable disruptive costs associated with it to both the user and society:

https://www.hrw.org/news/2016/10/12/us-disastrous-toll-criminalizing-drug-use

Of course its use should be discouraged, but the cost/benefit of use criminalization does not appear to be a good trade.
 
nitrene said:
...... How about our former President Obama going from community leader to owner of $20+ million homes -- gee I wonder where he got the money from? What do you expect from someone who spent 8 years in office sucking banker's cocks?

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Classy.

Meanwhile wealthy George Dubya is a business genius huh?
 
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