Why are Hussein Obama and Kamala Harris On My Youtube feed begging for money

newwurldmn said:
euphemisms don’t change what it is.

tax cuts for the top and the money trickles down to the bottom.
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That's a gross oversimplification... and why I referred you to Say's law.

It's not the "top" that are getting tax cuts, it's the supply side that is being unrestricted. And it's not the "bottom" that benefits, it's everyone who participates in the market.

I've got some other things to do now. We can pick this up later if you really want.
 
Frederick Foresight said:
How very Shakespearean of you. But how unfortunate that there is not a single real-world example where it actually worked.

Click your heels and go to Kansas:

https://www.cbpp.org/research/kansas-provides-compelling-evidence-of-failure-of-supply-side-tax-cuts
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We have an entire thread dedicated to the failure of Republican tax cuts in Kansas. It was not merely a failure but the equivalent of the apocalypse.

How Tea Party tax cuts are turning Kansas into a smoking ruin
https://www.elitetrader.com/et/thre...re-turning-kansas-into-a-smoking-ruin.285208/
 
spy said:
That's a gross oversimplification... and why I referred you to Say's law.

It's not the "top" that are getting tax cuts, it's the supply side that is being unrestricted. And it's not the "bottom" that benefits, it's everyone who participates in the market.

I've got some other things to do now. We can pick this up later if you really want.
More...

The supply side only invests when there's demand to justify it. Taxes only come into play as a comparison between two options. For example a company might compare the after tax profits of building a plant in Ireland vs California. But the decision to build a plant at all will come from demand.

I have never seen anyone make a business decision just because overall taxes are lower. Consumers do, but they aren't the supply side. They are the bottom of the trickle
 
spy said:
That's a gross oversimplification... and why I referred you to Say's law.

It's not the "top" that are getting tax cuts, it's the supply side that is being unrestricted. And it's not the "bottom" that benefits, it's everyone who participates in the market.

I've got some other things to do now. We can pick this up later if you really want.
More...

I read about Says law. I think it only works in areas of innovation: we didn't know we needed an internet search engine until Yahoo made one.

It doesn't work for car manufacturers. We won't buy more sports cars just because Porsche makes more of them.

As my dad put it once: Capitalism is about there always being too much capacity. If there isn't enough capacity and someone can charge high prices as a result, then someone else will come in to undercut the incumbent.
 
a trump supporter complaining about a politician asking for money..

“I don’t need anybody’s money. It’s nice. I don’t need anybody’s money. I’m using my own money … I’m not using donors. I don’t care. I’m really rich.” — announcement speech on June 16, 2015

“You know the nice part about me? I don’t need anybody’s money.” — from an interview in August 2015 in Iowa

“I’m self-funding my own campaign. It’s my money.” — during a speech in Iowa on Feb. 1, 2016


pretty sure trump raised over $500 million as did Clinton in 2016 election...

the electorate has gone full idiot..
 
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