trickle down/supply side lies have been proven to be bull
Keynesian economics have also been proven to be "same "? where? when?![]()
trickle down/supply side lies have been proven to be bull
Keynesian economics have also been proven to be "same "? where? when?![]()
proven? are you asking for clinical trials you idiot?
Trickle down passes tax breaks to the the wealthy so that it can stimulate the economy and create jobs.
Keynesianism passes tax breaks and or credit and money to the industrialist so that it can stimulate the economy and create jobs.
Neither redistribute resources to the poor.
GTFO moron, you're outclassed here.
Yoo Ess Ayy
'Infanticide',
So if some 300lb Mexican rapes someone they should be forced to keep the baby?
Proving Libertarian's are just Conservative frauds by hating against Liberals/socialists
Conservatives causing the USA to implode financially before Liberals bailed them out in the 30s.![]()
Socialists aren't Marxist-Lennists, difference being Marxists would fight wars, kill millions and then have a 'what now?' approach afterwards. Socialism is more refined.
The libertarian party was the first party to call for legalization of gay marriage.
Trickle down
Biggest lie of the 21st century
Just an excuse used by the wealthy 1% to keep the Proletariats away![]()
Nope, Socialist are by definition Marxist that are pushing society towards utopia in which there will be no heirarchies and a worker's paradise.
The socialism you have in Europe is just fascist economic policy where you have some important industries managed by govt and then you have a massive Gibs me det welfare system mixed in with hardcore crony capitalism.
You wont achieve utopia, you will just allow the EU to open the floodgates for immigration and have Omar cuck your wife. That's what you're progressing for.
How's it different from Keynesianism?
Under Keynes government is in charge of pumping money into the economy. Under 'trickle down', private en ies are.
The thing is, with trickle down, there's really no obligation to do so, and with the advent of short-term paper swaps and capital gains, there's really little incentive to invest long term into the economy.
Then again, under Keynes, government is supposed to eventually stop pumping money and apply fiscal restraint once the economy is active and growing again. But this last step rarely if ever happens.
Typical American "I have no idea what socialism is so let's make them Marxist and Communist". 'Utopia'?
They couldn't be further apart, but let's not let facts get in the way of your Neo-Liberal agenda.
Typical EuroTrash, thinks a welfare state = socialism.
Your first point is way off. Private en ies don't store their fiat money in a mattress or vault. They store them in banks who keep their deposits and invest in the economy to produce profit. So the money even if sitting in a bank is off being spent on investing.
You keep pushing that, champ![]()
Do the workers own the means of production in Europe? yes or no?
No, they don't, I wish they did to some extent at least. Modern day socialism doesn't require workers owning the means of production.
What is this, a pop quiz?
So it's a welfare state?
No, it is not. You can't just jump from workers owning the meaning of production to welfare state, from Marxism to social democracy like they're neighboring states. There's far more differences between them than your simple 'Marxism, Communism, Socialism, they're all the same' approach.
America is WITHOUT ARGUMENT a Corporate/Capitialist Welfare state.
Trickle down passes tax breaks to the the wealthy so that it can stimulate the economy and create jobs. Holy !
The KEY Keynesian macro-economic tool is counter-cyclical govt spending, while conservatives ONLY tool is austerity (euphemism for destroy govt). Guess which one works?![]()
Except they have no fiduciary duty to improve the economy, they only have fiduciary duty to make money for their clients. The reason trickle down doesn't work is largely because things like investments and the market are focused on short-term gains, not long-term investment. That's why you don't see trickle down creating long-term economic benefits like jobs. They create short-term capital gains.
The trickle down theory wasn't wrong when the market used to be a long-term investment vehicle. When companies would look for long-term funding, it made sense. In the current sub-millisecond trading reality, however, you're just handing short-term investment money that does very little for the overall economy. Companies figured out a long time ago that the most important thing for Wall Street is the balance sheet next quarter. That's how you end up with companies largely hoarding money instead of actually investing it on the economy.
1. Keynes proposed 3 ways to stimulate the economy; Stimulus spending, War, and Tax cuts. Supply side is the third aspect of Keynesian theory. JFK was for cutting taxes to stimulate growth.
2.You are being delusional if you think govt giving money to corporations through a stimulus bill compared to recieving money through financial investments is any different. In the end, the corporations that recieve the monies are the final arbiters and their fiduciary duty is to the CLIENT. the investors. Doesn't matter where it comes from.
Both give money to the rich and both rely on it affecting the job market. Capitalist industrialist getting a break vs Rich people getting a break, it all gets spent whether it goes to hiring Taiquesha to a diversity and sensitivity post at XM print, or going straight to Biff's money market acct.
Don't be naive.
all of them are. Even China. You can't have Gib me Det with out Romney paying for Shaiquesha's 5 bas children. The welfare state relies on the Capitalist and Marginalist thriving. Deal with it.
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