What's the difference between a 12" pizza and an artist?
... The pizza can feed a family.
Showing posts with label democrat. Show all posts
Showing posts with label democrat. Show all posts

Thursday, October 2, 2008

Trickle Down Economics, Let's hash it out

Don't be too disappointed that it is another Chris Post.

I do not consider myself a very intelligent person, but I am generally very
curious and really want to understand some things better, especially politics.
Luckily for me I am surrounded by exceptional family and friends who are sharp
and informed. This election has motivated me to try to dive deeper into politics
than I have ever before attempted. I have many criticism of both of our dominant
political parties but would like to continually provoke discussion on some fundamental topics that I don't hear enough about. I appreciate how professional and classy all of my associations have been as far as not stooping to the loaded manipulative language that we get from our general media. I'm so proud you.

Lately I have been trying to better understand "trickle down" economics and if
this approach has been valuable to our country. I have attached a link to an
article that is critical of Reagan era changes to the economy. The reason I
think this article may be valuable is because of the the information presented from the the Census Bureau regarding household income. (it is all cited and linked to the Census Bureau website) This writer argues that the intention of trickle down policies was never to benefit the poor from the beginning which I don't necessarily believe. But whatever the true motivation, it is important to evaluate how it has done.

Please, if you have time and would like to share your opinion, review the graphs and information presented here and let me know what you think. Is there additional information and statistics that you feel counter the claims in this article? Please share. I just want to use this article to spur a dialogue between friends and family on this subject.

If the information presented by the Census Bureau is correct, it would seem that
a trickle down approach to economics has had a 20 year trial to make its case
and has failed to benefit our society as a whole. Instead, it has increased the gap between the rich and poor. Though the economy has prospered, that money has never made it down to the middle and lower class who has averaged the same salary since the 70's. When taking into consideration how many more women are working and how much more accessible credit is, that fact is staggering. Do you disagree with this
information? Is there something that is not being taken into consideration? Please share what you know on the subject. I don't want people to use the reasoning that if you reject this approach you have to subscribe to the opposite extreme ( Ex. The whole dissing on a Democrat President to defend stupid policies of a Republican one, or vice versa ) I want an honest weighing of pros and cons. I would not ask your opinions if they did not mean a lot to me. Please share your opinion on the subject even if you do not feel entirely informed.

Thank you everybody for your participation. Be patient with me if you feel I am naive, but now is your chance to lay it down. Thank you.

here is the link

http://rationalrevolution.net/war/trickle_down.htm