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Tuesday, February 5, 2019
Debate Trickle Down
this is a thread from facebook of my debate with Trumpie over Trickle down
https://www.youtube.com/watch?v=O_LkMWP2Q2A
Inequality is not just unfair but stifles growth. 90% of gains sine 2009 recovery began goes to 1%.
YOUTUBE.COM
Robert Reich: Inequality for All (11/20/13)
Robert Reich, Chancellor's Professor of Public Policy, University of California, Berkeley; Former Secretary of Labor Time magazine named Reich one of the 10 ...
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Steve Largent
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Cecil Cross
And what does the 1% do with that money?...they invest it...they spend it.
What they don’t do is stuff it in a mattress or bury it in the ground.
Money is a river that is constantly flowing.
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8h
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Joe Hinman
No they don't invest in labor intensive areas. That has been proven under Trump tax scam and it was true of Reagan's tax cut. They invest in foreign wealth such as oil and art. building lavish homes for rich is not going to generate economic growth.
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8h
Cecil Cross
You are mad at the mountaintops for receiving the rain first.
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7h
Joe Hinman
Cecil Cross
you are romanticizing the Trickle down theory, don't argue economics by romanticism. TD never has had the numbers.
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7h
Cecil Cross
Joe Hinman
https://www.nationalreview.com/.../trickle-down.../amp/
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NATIONALREVIEW.COM
‘Economists Say’ a Lot of Things That Turn Out to Be Wrong |…
‘Economists Say’ a Lot of Things That Turn Out to Be Wrong | National Review
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5h
Cecil Cross
Joe Hinman
https://shreysnotepad.com/.../why-trickle-down.../amp/
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SHREYSNOTEPAD.COM
Why trickle-down economics works
Why trickle-down economics works
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5h
Joe Hinman
Cecil Cross
the fact that trickle down doesn;t wori is doctedin thr orig9nasl pe9ce,
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20m
Joe Hinman
https://seekingalpha.com/article/4130748-trickle-work
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SEEKINGALPHA.COM
Why Trickle Down Doesn't Work
Why Trickle Down Doesn't Work
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Joe Hinman
Cecil Cross
Your materiel doesn't refute the stuff in Reich's Lecture, not the number's on Reagan's tax cut or Trump's it;s regurgitating the myth of Teickle Down.
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11m
Joe Hinman
https://www.bloomberg.com/.../the-best-way-to-spur-growth...
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BLOOMBERG.COM
The Best Way to Spur Growth? Help the Poor, Not the Rich
The Best Way to Spur Growth? Help the Poor, Not the Rich
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10m
Joe Hinman
https://www.quora.com/Why-do-people-still-think-that...
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QUORA.COM
Why do people still think that trickle down economics works, even…
Why do people still think that trickle down economics works, even though there is no evidence for it?
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Joe Hinman
Cecil Cross
irrelevant that economists can be wrong because so can partition political propaganda.
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7m
Joe Hinman
Cecil Cross
that article is not a study, it's someone's false thinking about history about history, he sited France's tax program but does not even deal with Sweden,. That only proves that tax policy must be progressive. Not only does he not refute the things I said about Reagan's tax cuts he just dismisses it as not real Trickle down Yet if TRD were true the cuts should have spured employment.
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