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[email protected] WayneBatrecdotboats@hotmail.com is offline
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First recorded activity by BoatBanter: Jun 2013
Posts: 2,650
Default Got a chuckle ...

On Sat, 21 Oct 2017 22:33:14 -0400, wrote:

On Sat, 21 Oct 2017 21:53:20 -0400, Keyser Soze
wrote:

On 10/21/17 4:31 PM,
wrote:
On Sat, 21 Oct 2017 15:32:20 -0400, Keyser Söze
wrote:

Ahh. Trickle-down. What the rich claim will improve life for the lower
income groups but of course it is bull****.

===

Question for you: Would you prefer the creation of more and better
jobs via an improved/expanded economy, or would you prefer an increase
in government hand outs?


Answer for you: Trickle-down economics, which is what is under
discussion, is a myth. It's not a job creator, per se, it's just another
way for the haves to increase the distance between themselves and the
have-nots. As Wikipedia notes, "Multiple studies have found a
correlation between trickle-down economics and reduced growth, and that
higher taxes on the wealthy are linked to economic growth." It is just
another way for the wealthy to **** on the poor.


The simplest example that this is bull**** would be the luxury tax.
It was supposed to soak the rich and give the money to the masses. The
reality was that the rich simply stopped buying those luxuries and the
people who built them were laid off. The tax was short lived.
Bush 41 started it, Bill Clinton got rid of it 2 years later.


===

And the big US boat builders never really recovered. Too bad, we had
some good ones.

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