So Kansas, how's the trickle tasting?

[alexw]

I didn't say everyone can afford it. If you want everyone to be able to afford every everything they want, then no amount of other people's money will be enough to satisfy you.

Yes I want to give everyone rainbows, unicorns, and magic fairy rings. Good grief.

[Glorious Leader]

Obama took office and, instead of bailing out the poor, instead of maybe giving serious relief to young adults with lots of college loans, he bailed out the banks and largest corporations. Obama defended this policy because he believes the effect of bailing out the banks and corporations will "trickle down" to the rest of the economy and the little guy.

So, do you loathe Obama and the democrats? Because they employed trickle down economics in 2008?

Or maybe you are too young to remember all of that?

Uhh yea fuck obama. Corporatist new democrats can blown me.

[Machismo]

No idea what you are talking about anymore. If you need to make up an argument for me, go ahead. just keep the conversation to your self.

I made a statement, you said it was wrong. You should have simply said that you did not like my statement, because you certainly have not shown how I was actually wrong. In fact, you comments technically corroborated my statement.

[GennGreymane]

I made a statement, you said it was wrong. You should have simply said that you did not like my statement, because you certainly have not shown how I was actually wrong. In fact, you comments technically corroborated my statement.

I said I found a lot wrong with the statement, and listed some of the issues that could occur. Why is this so difficult for you? Why do you have to make up an argument for me? Is it because yours is that weak?

[Glorious Leader]

ugh as a Right Winger I really wish they'd stop with this shit already. If you want to make everyone richer cut taxes on the Middle Class not the Rich. The Middle Class is much more likely to go out and spend their money on things as most people tend to do I imagine, people spending money = more demand = more jobs. There needs to be money to spend and cutting taxes on people who can have anything they want as is isn't going to solve anything.

Absolutely agree. The defecit needs to grow. Public spending= private savings

[Machismo]

you seem to make the equally false assumption that people will provide what has been lost in the quantities previously provided. unless you don't care about watching people starve.

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he's making the classic libertarian argument.

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it is possible....if your rich or willing to be in debt for the rest of your life until retirement. associate's degrees aren't going to go very far since most jobs want bachelor's or better.

I make no such assumptions. I simply do not feel everything needs to be forcefully provided.

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I said I found a lot wrong with the statement, and listed some of the issues that could occur. Why is this so difficult for you? Why do you have to make up an argument for me? Is it because yours is that weak?

So nothing I said was actually wrong... got it.

[Glorious Leader]

Actually, the reason the banks were bailed out (this was done first by Bush, and then again by Obama) was not trickle down economics. The idea was not "prosperity will trickle down from these banks" but rather "these banks are so large that their failure will destabilize the entire world economy, therefore we must prevent their failure." You can debate all you want about whether that was the right thing to do (I'm not convinced it was) but what isn't up for debate is the reason for doing it.

For what it's worth, the deregulation that allowed those banks to become so large, allowed them to mix their commercial and investment banking activities (essentially gambling on risky securities with people's savings), and allowed the credit rating agencies to rate some mortgages as being far more secure than they actually were, those loosenings of regulation were accomplished by democrats and republicans working together. It was one of the things they actually agreed upon, part of the neoliberal agenda begun by Reagan in the 80s and continued by Clinton in the 90s.

And they were all accomplished with the same free market ideology (Greenspan et all) that Kansas has been subject too.

[satimy]

What are you talking about?

Trickle down economy is in favor of reducing corporate tax rate, as those corporations are what stimulate the economy.

Trade agreements however, make it more profitable to close down factories in the US and move to China to exploit their lack of human rights laws and earth-friendly practices.

The two cannot coexist.

I am confused on your position here. Your first response to me comes across like you support reaganomics. Your last response makes it sound like you're against it. Please explain.

I support the original version of reaganomics where we would cut spending and taxes. I do support running deficits. With regard to corporate taxation I am merely pointing out that having a high tax rate does cause tax flight and that there is trillions o dollars that could repatriated but currently sit overseas.

I am against raising taxes on anyone until there's an actual budget

[GennGreymane]

I make no such assumptions. I simply do not feel everything needs to be forcefully provided.

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So nothing I said was actually wrong... got it.

Never said that its impossible to make a school or go to one. You said I think that, which is false. Like I said multiple times now, I listed all the issues that can occur when Joe Shmo makes a university in 3 hours. Why do I have to explain this to you multiple times? What is so difficult to understand? Is it because you invented an argument for me, and since I am not playing along its hurting you?

[Perkunas]

Watching American Conservatives try to spin their gigantic loony web is the most entertaining thing. They live in this magical land where facts have no merit and feeling is more important than knowing. It's some sort of impenetrable shield of ignorance and it's absolutely hilarious.

[breadisfunny]

I make no such assumptions. I simply do not feel everything needs to be forcefully provided.

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So nothing I said was actually wrong... got it.

really then where is the charity going to come from? and i don't care is not an acceptable answer.

[Machismo]

really then where is the charity going to come from? and i don't care is not an acceptable answer.

It would come from people who want to help others, people like me.

[petej0]

Supply side and demand side economics both work. The problem is the tax rates involved. If you have 90% tax rates then a tax cut on the wealthy will spur growth. On the other hand if you have a tax rates of 20% then a tax cut wont spur growth. It is a sort of diminishing returns. Once you reach a certain tax rate, tax cuts on the rich no longer help.

[Machismo]

Never said that its impossible to make a school or go to one. You said I think that, which is false. Like I said multiple times now, I listed all the issues that can occur when Joe Shmo makes a university in 3 hours. Why do I have to explain this to you multiple times? What is so difficult to understand? Is it because you invented an argument for me, and since I am not playing along its hurting you?

I said it was entirely possible to open a private college, you seemed to want to disagree. Who was correct?

[GennGreymane]

I said it was entirely possible to open a private college, you seemed won't to disagree. Who was correct?

If you continued reading I said there are tons of issues with Joe Shmo making a university tomorrow. that was my entire point. I don't understand why this is a difficult concept for you.

[Machismo]

If you continued reading I said there are tons of issues with Joe Shmo making a university tomorrow. that was my entire point. I don't understand why this is a difficult concept for you.

And my point was that it was possible.you seemed to want to disagree. I'm not sure why, when even you admitted that my statement was correct.

[Chrysia]

And my point was that it was possible.you seemed to want to disagree. I'm not sure why, when even you admitted that my statement was correct.

"Possible" is a far cry from "possible for a sizable chunk of the population." With an ever shrinking number of low skill jobs, more people need access to higher education.

[GennGreymane]

And my point was that it was possible.you seemed to want to disagree. I'm not sure why, when even you admitted that my statement was correct.

I told you all the problems with it. You made up another argument for me... for some reason that I fail to grasp.

[breadisfunny]

It would come from people who want to help others, people like me.

and how is that going to provide for every single person who needs help? you seem to be advocating to take america back to a third world country status.

[Shibito]

This should be exhibit number one on how American conservative's whole economic system is nothing but a SCAM and always has been.

Same as dems in other words.