Economists suffer from Apoplithorismosphobia

I think we need to improve the standard quality of life for the little guy or we forever descend into jungle mentality where those at the top have a ton and those at the bottom have extremely little. The way it's been going has definitely been heading toward the latter. Trickle down is idiotic - it does not work with inherently greedy structures in place. Trickle UP works a lot better - the only problem is the rich are just not as rich. As far as I'm concerned that's not a problem worth caring about. Increase the overall baseline and distribution of income to more people and we'll have more net happiness. On top of that people WILL actually spend money if they have more money. Having an economically enslaved middle class only helps the rich and the renters and as far as I can tell they're not exactly crying into their champagne glasses over the hardships of others.

The fed thinks they're doing trickle up via jacked down rates except they're not considering that lowered interest rates only go so far - particularly towards entire classes of people who arent even exposed to te benefit of these low rates. On top of that the exposure they do have via credit cards, etc. doesn't necessarily result in them even seeing these lower rates. People living paycheck to paycheck are not checking the latest mortgage rates not are they out shopping for new cars or student loans.

It's very simple: collectively spread more of the money around or you'll kill all the plants in the garden.
you forgot one class. My parents who never invested in the market and just rolled over their 10% cd's.
 
you forgot one class. My parents who never invested in the market and just rolled over their 10% cd's.

Oh I'm totally considering them too. Perhaps it came off more about the lower class but in reality anything under the privileged classes is what I mean.

Hard working Americans are also being thrown under the bus by these people. "They" won't stop until all the wealth has been transfered in a finale of complete and total reversion.
 
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