/dev/null Posted November 12, 2012 Posted November 12, 2012 A non-partisan explanation of "Trickle Down Economic Theory" In a nutshell, trickle-down theory is based on the premise that within an economy, giving tax breaks to the top earners makes them more likely to earn more. Top earners invest that extra money in productive economic activities or spend more of their time at the high-paying trade they do best (whether that be creating inventions or performing heart surgeries). Either way, these activities will be productive, reinvigorate economic growth and, in the end, generate more tax revenue from these earners and the people they've helped. According to the theory, this boost in growth will ultimately help those in lower income brackets as well. Although trickle-down economics is often associated with the policies of Ronald Reagan in the 1980s, the theory dates back to the 1920s. The name also has roots in the '20s, when humorist Will Rogers coined the term, saying, "The money was all appropriated for the top in the hopes it would trickle down to the needy" [source: Shafritz]. http://money.howstuf...n-economics.htm howstuffworks.com what are you, 12?
RI Bills Fan Posted November 12, 2012 Posted November 12, 2012 howstuffworks.com what are you, 12? Nah, I just consider the average mental acuity of PPP when I post.
3rdnlng Posted November 12, 2012 Posted November 12, 2012 Nah, I just consider the average mental acuity of PPP when I post. Well, you certainly don't help that average out when you post.
RI Bills Fan Posted November 12, 2012 Posted November 12, 2012 Please don't. What and deprive you of the opportunity to prove my point?
3rdnlng Posted November 12, 2012 Posted November 12, 2012 What and deprive you of the opportunity to prove my point? You know, people here were spouting off about trickle down economics and acted as if they knew something about it. They were asked to explain it (and also "middle out economics") to prove a point. You jumped in and did a copy and paste for them because you didn't get what was going on.
RI Bills Fan Posted November 12, 2012 Posted November 12, 2012 You know, people here were spouting off about trickle down economics and acted as if they knew something about it. They were asked to explain it (and also "middle out economics") to prove a point. You jumped in and did a copy and paste for them because you didn't get what was going on. No I got what was going on. I just decided to derail a BS talking point.
3rdnlng Posted November 12, 2012 Posted November 12, 2012 No I got what was going on. I just decided to derail a BS talking point. Nice. Do you put exlax in the baby food too?
sodbuster Posted November 12, 2012 Posted November 12, 2012 Nah, I just consider the average mental acuity of PPP when I post. You're kidding right? Don't be arrogant. You have no idea who you are "lecturing" about this subject.
RI Bills Fan Posted November 12, 2012 Posted November 12, 2012 You're kidding right? Don't be arrogant. You have no idea who you are "lecturing" about this subject. And you do?
sodbuster Posted November 12, 2012 Posted November 12, 2012 I'm not acting like I'm heads and tails smarter than everybody here, although in these subjects, I could probably hang with the best TBD has to offer.
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