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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: maceng2 who wrote (1456048)	5/11/2024 10:44:00 AM
From: koan	2 Recommendations Recommended By Eric pocotrader Read Replies (1) \| Respond to of 1576426

You posted wiki's comments on trickle down economics and got it right that it started with Reagan (supply side economics), but then seem to abandon the reality? First, the thesis of the huge debt lies in the bullshit idea the Republicans have been selling since Reagan that Arthur Laffer's "supply side economics" (trickle down economics) works and is the best policy. That has been proven false and is not taught in most universities. The Republicans have been selling that bullshit since Reagan both to gain votes:" i.e. we will cut your taxes, and to help the rich, their primary goal since Hoover. Secondly, the increase in the debt under Trump of almost 8 trillion was not caused by the ("exponential nature of national debt)! It was his tax cuts FOR the rich, which were so large they stunned everyone. And Trump ran on balancing the budget. More of his bullshit. Last, the social policy of the Democrats is NOT based on economics, it is based on need, e.g. The New Del, and modern social science of the best way to run a society. To take care of the people and make them happy based on social science. The happiest countries, the Nordic countries run their countries using modern social science, and have high taxes and large governments, that are run well with much less poverty and a strong middle class. Last, the idea Lassie Faire can run a society better than social science is another bullshit idea the Republicans have been selling and it is also dead wrong. Every major university teaches how to best run a society and it has nothing to do with lassie Faire and everything to do with modern social science. Capitalism is the best economic model, BUT society must put controls on it. It is just a raw reality like the law of supply and demand, but cannot replace THINKING! < Message #1456050 from maceng2 at 5/11/2024 3:13:16 AM <<Then Bush started two dumb ass wars, one on the wrong country, Iraq , when it was the Saudi's who were most responsible.>> No argument there koan, you are on the money. Trumps time saw an increase in the National debt but it was more of the result of the exponential function nature of the national Debt. Inevitable. I don't think his tax cuts made much difference. He managed to stay "war free" (far as we know) during his term, and he gets full marks... 5 stars... for that. Just been looking at what William Jennings Byron had to say in 1896. There are two ideas of government. There are those who believe that if you just legislate to make the well-to-do prosperous, that their prosperity will leak through on those below. The Democratic idea has been that if you legislate to make the masses prosperous their prosperity will find its way up and through every class that rests upon it. [18] Trickle-down economics - Wikipedia My comment would be is that government doesn't know much. The economy does. Therefore the job of government is to make sure there is good policy to the benefit of the nation overall, that there are appropriate laws and regulations for the population to commercially compete in, and apply those laws and regulations when needed. Spending sprees on anything, including "defense" need full public accountability. In fact the whole idea of a "public servant" is we, the private citizens, can see exactly what they are up to and where they are spending our taxes. It is no business of theirs what private citizens do, once it's inside the nations laws. Therefore this whole spying thing on everyone 24/7/365 is totally unacceptable. Since 1981 there has been "a problem" as I see it, starting with Regan, and no one seems to have attended to it. It looks to have been reduced during the Clinton years, either by accident or by design, and it will be of interest to find out why that happened.