MLM Directory - If elected, How much harm can he really do?

If elected, How much harm can he really do?

Should we vote for the best chance? Your average American gets an idea for a product (or service). He (she) draws up a business plan and finds investors or secures a bank loan to start a business. The business buys property and hires builders. They contract for equipment and machinery to be made. They hire employees to make their product or line of products, and they sell them to retailers. The retailers hire people to price, display, and sell the products or services. The idea spreads throughout the system creating jobs and chances for many. If they are able to sell their product at a competitive price and the consumers find use and value in their product, they may succeed. If not, they must cut costs or fail. That’s what happens in a Free Market system. If you work and are good at what you do, you have a chance. This is a simple example of how (now don’t choke on the term) Trickle Down Economics works. You can apply this model to Grannies Bakery on the corner, IBM, GM, or Starbucks. To deny this process is to deny the indisputable. It starts with an idea, and it ends with a chance for jobs and success. It’s a chance to take one idea, make an improvement on it, and start a business of your own. That’s why McDonalds is not the only one out there selling hamburgers! That is the American Dream! A chance! Competition makes products better and less expensive. Competition makes services more responsive and less expensive. Does Trickle Down mean if companies are successful and make more money, that soon my job flipping burgers is suddenly going to start paying me 75k a year? No. It means businesses will expand and give others a chance for a job. It will also give everyone more chances for advancement. If your skill level, motivation, or lack of education relegates you to flipping, maybe that should encourage you to learn to do more and be the best you can be at your job. The Free Enterprise Capitalist system simply gives everyone willing to participate the best chance to live comfortably and succeed. What about those executives making 10 million a year? Do I think that is right? No. But what do you think he (she) is doing with all that money? Stuffing the mattress? Bank savings accounts? The mattress pays nothing, and the bank only pays a few points of interest per year. They are way too greedy for that. What they do is buy. They buy goods, services, and invest in stocks from their company and others! That creates more chances for all of us. I do not think the Free Enterprise System should be allowed to run wild. Everything needs rules to keep it on course. Interest groups play an important part in the system. Saving Trees, Dolphin free tuna, and the Global Warming groups all need to play a part to keep greed from trampling the innocent. However, we have, in many areas, allowed these groups to stop progress instead of guide it. We have all paid for it. We have also paid for government intervention and paid dearly. NAFTA and our government’s refusal to insist that trading partners remove their tariffs on our products have made them too expensive for other nations to import and buy. But no one is talking about that now, are they? Obama says we should “Stop giving tax breaks to companies that ship our jobs overseas”. Like it or not, we are competing in a global economy. To stay competitive, companies must lower their costs. Unfortunately, that means finding less expensive work forces, less restrictive controls, and lower tax rates. Giving tax breaks does not cause companies to ship jobs overseas; it is encouragement to keep them here! Bad tax policy also spreads throughout the system. It causes lay offs, closings, slows production, and stifles investing. If the Government is hostile to business, all will lose some and some will lose all. That will increase our dependency on those in our government that created the problem in the first place. Does that sound like anyone is looking out for you? We don’t need that kind of “change.” We need a CHANCE!

Public Comments

We will never get a chance with McCain. Just war and fear mongering and barbaric expansionist failed policies. You want a chance? Vote for Obama. TO have a chance means we must have change first.
When you start a question with "how much harm can he really do?" There is something wrong with your candidate. McCain/Palin '08
Mink coats don't trickle down, they just shed.
Long live capitalism and a free market economy! ~M~ McCain/Palin '08
Who?
I agree with you 100% Wow... you have hit the nail on the head. Keep speaking out to those who need to have a more articulate understanding of the basic economic principles.
I know Obama is all about "CHANGE", but it all sounds to me a repeat of the Carter era! The last thing we need right now is ANOTHER FOUR YEAR OF JIMMY CARTER!!!
Companies will not be expanding nor creating jobs if things remain the way they are They will be shipping jobs overseas and closing doors because the middle class has stopped spending their money because they're strapped Putting more money in the pockets of the middle class means we will buy more making businesses more successful and able to expand and create jobs.
It's gonna be a rough 4 years!
You are right. We don't need that kind of change. And for all the complaining, I see people still making Wal-Mart rich. Why? The prices are dirt cheap!! In order to get that price, they strangle the vendors and they are often forced to come up with cheaper products to be put on those shelves. The issue many complain about is the one they support. Sorry, but going to Wal-Mart compounds the issue. Taxing the businesses unfairly will merely be passed on to the consumer. And Wal-Mart will be on the forefront trying to disguise the cost. Ever see that sale item that is limited? They get a special buy on it and make up the cost elsewhere. They do NOT lose money.
I didn't read the entire thing, but i gather you support trickle down economics. Obama will tax my dad's small business and he'll have to lay off 3 salesman. Now how does that create jobs? It doesn't. It gives lazy people free health care and tax rebates (I dont wanna hear your bull about people that dont have a chance. everyone has a chance.). It hurts the Owners of small businesses and it hurts the workers in small businesses
Vote McCain if you are Happy with the last 8 years If you want to lose your job If you want to lose your house If you want to lose you money If you want to lose your Health Insurance If you want to lose your Doctor If you want to stand in a Soup Line If you want to go back to 1984 when we had designated days to purchase gas If you are willing to allow more VA Hospitals Close If you are willing to allow more Vets Turned away from the ones that are open If you are willing to allow the Troops continue to lose their Health Care TriCare ( I am a State Certified Medical Insurance Coding Billing Specialist) The last three have been allowed to continue to happen for the last 26 years thanks to John McCain If you are SICK of the LAST 8 Years VOTE OBAMA/ BIDEN
No question you that you understand the fundamentals of how the system, properly motivated, works. Few can disagree with that. However, there are several issues which also need to be considered. While so-called "trickle down" economics do work in the way you described, the benefits do not trickle down to everybody. There remains a class which, while not benefiting very much directly from the process, still consume products which make the system work in the first place. When the ratio of those who are directly gaining benefits from the system to those who are mainly "pure consumers" (to coin a phrase) is not very large, social instability results. And in a democracy where numbers count this instability often results in elections of self serving radicals like Hugo Chavez or Evo Morales. Then the whole system is in trouble since "trickle down" economics do not exist for them.. The classic way to iron this out is through selective taxation or public works to try to spread the benefits out over a larger number of people. We already have Medicaid, food stamps, welfare, etc. which, agree with them or not, are for the exact purpose of spreading the benefits. My point is that in the haste to get ahead, it is never wise to let the hindmost get too far behind --- for whatever reason --- or to let the number of disaffected people approach a majority or anything like it. In a democracy, they always have a way of getting it back, and if they have the numbers they will. Best share the benefits and ensure everybody perceives the system as fundamentally fair. So, espouse your trickle down economics. But, remember when executives of Merrill Lynch can walk away from a failed company with a 100 million dollar parachute, that is 100 million more that will never "trickle down". That does not make the "have nots" or anybody else particularly happy. In the end, greed will kill the philosophy and make everybody poorer. So, rather seek a system which avoids excesses of all kinds. This will require some regulation --- hopefully not too much, but some. It would appear to me that after about 30 years of "trickle down" not enough has trickled down and the gap between the richest and poorest has widened alarmingly. The pendulum is about to swing. And why? Because not enough people have been on the receiving side of the system which, while always (and necessarily) hard, has not always been as fair as it can be. This is an important question. Our economic and political stability depends on it. Another term which has sometimes been used to describe it is "The American Dream". It's preservation will require some intelligence and some hard choices. Unbridled free enterprise and low taxes in the (very new) global economy are not always among them. Reverting to the doctrinaire capitalism of 1900 will doom us.