Another good question that someone needs to address. I think, again, that Reagan's idea of trickle down has been clearly debunked, yet you have people who still want to go there (cut taxes to get growth). But it didn't work. Workers need protections or we will not have a stable, functional government. It's that simple. We need reliable health care and a system that supports education and old age. People say it's too expensive, but not having these things could cost way more if society becomes so unstable as to produce constant conflict. That is starting. |
Oh they're a structure alright. They build monuments to themselves. Big monuments. |
How did it not work? |
How do we fund it? |
It did not lift all boats as it was advertised that it would do. Instead we had a further divide in incomes. |
Yeah, nobody wants to pay for this. The above poster said to take some money out of the military industrial complex. We could also raise the capital gains tax. Whatever we do, we cannot have a country that is starting to look third world (lack of educational opportunity, limited health care, and more poverty) and expect to survive as a leader in the world. We cannot continue to have wars while we have third rate educational and health systems. |
No, we had the greatest expansion in U.S. history post WWII. That was coming off of Carter's misery index. Did you forget? You aren't even attributing the correct quote to the correct person. You're just a liberal trying to argue economics and like the majority of them, when you do, you walk around in circles. And as to, lifting all boats...ooooh this is going to STING ![]() |
Back in JFK's day it may have had more impact, but now it doesn't. The tax cuts don't mean more employment. There is more automation now and more of the money goes into the global economy and not into the national economy. Reagan showed us that. |
http://www.presidency.ucsb.edu/ws/index.php?pid=9455
"As the income of Michigan rises, so does the income of the United States. A rising tide lifts all the boats and as Arkansas becomes more prosperous so does the United States and as this section declines so does the United States." John F. Kennedy 400 - Remarks in Heber Springs, Arkansas, at the Dedication of Greers Ferry Dam. October 3, 1963 |
Not a good at backpedaling and trying to save face. Poly wanna cracker! A rising tide lifts all boats! |
No, I didn't forget. But that ended because other countries (namely Japan and now China) recovered from the war and started competing with us. After WWII we were the only game in town for years. That's over. |
Sorry for the wrong attribution, but the idea of everyone benefiting was the same. |
No kidding. It ended. Do you understand what you are saying? Reagan was in office for eight years, but somehow this rising tide is supposed to go on for 40 years, even though you've had other presidents after and his policies are no longer in effect? So why are you bring up trickle down economics as the problem that you somehow have answers to? LEARN ECONOMICS IF YOU WANT TO DEBATE ECONOMICS. |
Take George W. Bush's big tax cut. It mainly benefitted the wealthier, the supposed "job creators and investors" yet they didn't create jobs (in fact we lost millions of jobs under Bush with his tax cuts in full force) and did not provide any meaningful economic growth. In fact, the Bush tax cuts ended up costing us 2.1 trillion dollars over ten years. It did very little for the working class. And as for investments - we got all the wrong things - wealth extraction, hoarding and offshoring of money and the investments were horrendously irresponsible, we had tons of real estate speculating driving the housing market up into an unsustainable bubble, we had a lot of things like rebundling of the bad debt and other high-risk things going on. Republican tax policy has already been tried. It did nothing for us. The evidence is in,, and it's irrefutable. It's time to abandon the notion of tax cuts for the rich and move on. |
You. You and your kind are what's wrong in America. You've clearly pickled your brains in right wing media brine and no facts can penetrate. Rather than me picking apart every boneheaded non-fact you put forth, I'll just challenge you to find that Valerie Jarrett "quote" on a non-right wing nutjob site. |