Wow, you nailed it also. I can see there is a smarter bunch of people on this site, not the tea bangers I usually run into on Huff Post. how awesome to be among smart people for a change. Thank-you for your input!
Man you nailed it. If I could just get a couple of my family members and a friend to read it. But unless its on Fox they dont believe anything. But thank-you so much for writting it down like that, I'd forgotten some of it and seeing it on paper like that blew my mind.TFL53
It makes sense that the wool was pulled over peoples eyes when it came to supply side economics. It just doesn't make any sense if you break it down. But the right keeps trying to cram it down Americas through with their "job creators" BS. The tax rates prior to Reagan encouraged those job creators to fold profits back into the company. This is because they would leave the highly taxed upper income in the company. This still would increase the value of the company and the wealth would still get them as stockholders. Now there is no incentive to leave profits in the company, why not just send the money to Switzerland? That creates a lot of jobs doesn't it. The only realistic way to create jobs is to get the demand up to increase sales. Even as benevolent as those job creators are they are not going to hire more people just to warehouse more inventory. The middle class is what needs to create demand by having a reasonable amount of money available. Those outsourced jobs are not going to do much to increase demand here.
Wow, you nailed it also. I can see there is a smarter bunch of people on this site, not the tea bangers I usually run into on Huff Post. how awesome to be among smart people for a change. Thank-you for your input!
Scott Walker has no college education along with Beck, Hannity and Limbaugh...not all politicians but party pundits.
Man you nailed it. If I could just get a couple of my family members and a friend to read it. But unless its on Fox they dont believe anything. But thank-you so much for writting it down like that, I'd forgotten some of it and seeing it on paper like that blew my mind.TFL53
It makes sense that the wool was pulled over peoples eyes when it came to supply side economics. It just doesn't make any sense if you break it down. But the right keeps trying to cram it down Americas through with their "job creators" BS. The tax rates prior to Reagan encouraged those job creators to fold profits back into the company. This is because they would leave the highly taxed upper income in the company. This still would increase the value of the company and the wealth would still get them as stockholders. Now there is no incentive to leave profits in the company, why not just send the money to Switzerland? That creates a lot of jobs doesn't it. The only realistic way to create jobs is to get the demand up to increase sales. Even as benevolent as those job creators are they are not going to hire more people just to warehouse more inventory. The middle class is what needs to create demand by having a reasonable amount of money available. Those outsourced jobs are not going to do much to increase demand here.
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