SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (679142)10/17/2012 7:02:38 AM
From: Alighieri  Read Replies (2) | Respond to of 1573000
 
What does that mean?
It means that at some point lowering taxes only leads to larger deficits, particularly when the nation is unable or unwilling to lower costs.

The basic precepts of behavioral science stop working when the rich get too rich? Can you enlighten me on just how that happens?


The basic precepts of economic commonsense tells us that when the rich are already very rich more money won't cause them to create more jobs...only demand does that...

Are you under the mistaken impression that the wealthy being wealthy somehow prevents the poor from being better off than they otherwise would have been?
Of course...wealth is a zero sum game. Look at the distribution of wealth over the last 35 years for proof.

Al