Choice

[BlueStreak]

See, that is the Achilles heel of "trickle Down" economics. In theory, it looks great. You allow people to accrue as much wealth as they can, they create businesses, expand them, hire workers, pay fair wages and voila! Prosperity for all!!! Yippee!!!!

Sounds great, right?

Except.....

What do you do when they start refusing to follow through? They make their money, then decide they don't need us anymore. They either refuse to create any jobs here, or they do, but not unless they alone get to decide what fair wage is......and their idea of a fair wage does nothing to enable workers to become viable consumers. And, they start using their position to demand deregulation that further reduces the rewards of work; for example the minimum wage, union membership, overtime, etc., etc., etc.........and whatever else.

Then start insisting on cuts to unemployment and the social safety net so that disenfranchised workers become more desperate, more quickly and therefore become willing to return to work for less?

Ummm...Let me know when any of this starts to sound familiar.

Dave

[noonereal]

Originally Posted by BlueStreak

See, that is the Achilles heel of "trickle Down" economics. In theory, it looks great. You allow people to accrue as much wealth as they can, they create businesses, expand them, hire workers, pay fair wages and voila! Prosperity for all!!! Yippee!!!!

Sounds great, right?

Except.....

What do you do when they start refusing to follow through? They make their money, then decide they don't need us anymore. They either refuse to create any jobs here, or they do, but not unless they alone get to decide what fair wage is......and their idea of a fair wage does nothing to enable workers to become viable consumers. And, they start using their position to demand deregulation that further reduces the rewards of work; for example the minimum wage, union membership, overtime, etc., etc., etc.........and whatever else.

Then start insisting on cuts to unemployment and the social safety net so that disenfranchised workers become more desperate, more quickly and therefore become willing to return to work for less?

Ummm...Let me know when any of this starts to sound familiar.

Dave

trickle down economics = piss on economics

[bobabode]

Originally Posted by noonereal

trickle down economics = piss on economics

Ahhhh, yes. That warm and gentle yellow rain drifting down the currents of air flowing through the canyons of steel and glass ain't manna from heaven, you can bet your sweet bippy on that.

[4-2-7]

Originally Posted by bobabode

Ahhhh, yes. That warm and gentle yellow rain drifting down the currents of air flowing through the canyons of steel and glass ain't manna from heaven, you can bet your sweet bippy on that.

Bob are you a Union shop yet? Did you incorporate yet so lawsuits don't wipe you out?

[BlueStreak]

Originally Posted by 4-2-7

Bob are you a Union shop yet? Did you incorporate yet so lawsuits don't wipe you out?

I think one of your customers is calling from the bath house. He needs you to mount some sconces on either side of the rack in his dungeon. Better run along toady boy.............

Dave

[4-2-7]

Originally Posted by BlueStreak

I think one of your customers is calling from the bath house. He needs you to mount some sconces on either side of the rack in his dungeon. Better run along toady boy.............

Dave

You all are heavy in the trolling today.

[BlueStreak]

Originally Posted by 4-2-7

You all are heavy in the trolling today.

I thought it was well written.

Dae