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Why the policy is wrong for the country!?

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! Bob ... I don't know how you could possibly know less about how things work then you do. Really. Fred ... go stand with Bob im1096too .... Please read this ... please! Ok ... the link is too long. Do a Google search for "The Financial Crisis: Where Did We Go Wrong? (by David Asman)" Can you atand a little more reading? http://www.cato.org/pub_display.php?pub_id=9670

Public Comments

  1. there is the answer http://www.youtube.com/watch?v=Jbi-0Tg1b_g
  2. An excellent, well detailed mini-essay on economics. However, it's probably wasted on most dems. They just don't 'get it'. Seen the really bright ones with the 'trickle up' economic idea? Yeah, that's gonna work! After they cash out their fatter welfare check, if there's any cash left over after cigarettes, beer or malt liquor, and lotto tickets, I'm sure they're gonna start up a corporation or two. PS: right on, Ital.....
  3. you bet ye we need change, and thank god on jan 20 2009 we will get just that.
  4. The flaw of trickle down is that it is based on the idea that there is an unlimited supply of wealth to be gained. That is what has brought us to the economic crises we are seeing today. There was a lot of paper wealth out there, but the paper it turns out was not worth what we were led to believe. There is nothing to trickle down. It was all a pyramid and the base has already taken their money and run.
  5. The policy isn't wrong and, yes, trickle-down DOES occur. The only problem is, we don't have that policy. Instead, we have both a huge welfare state that fails at every end, ...we have laws meant to help people, but corporate attorneys interpret them so as to siphon off all those funds to corporate "persons" ...our govt does not permit the markets to determine the value of our currency (that is at the CORE of free-market capitalism) ...lenders are allowed to lend money at exorbitant interest rates to people who lack the credit history and income to repay it ...such lending is a way of adding to the total number of dollars, thereby decreasing the value of each dollar (inflation) ...our laws protect the environment to the extent that people can not afford to manufacture anything HERE. But 10 paces south of the U.S. Border, the same factory can open and bellow toxic crud without fear of a single oversight. If we're to have a free market, then we need a TRULY free market, top to bottom. The system we have now is anything but free. ...
  6. So Lets Bail out theses companies to The tune of 700 Billion Dollars and the CEO'S that run them should be able to Keep what ever they Earned for Running there companies into the Ground What a solid Plan.Trickle Down Don't work Hasn't worked For the Last 8 years or the last 30 For that Matter In theorie it Should But the Greed of the Corporate CEO has kept it From working. Moving Jobs over seas don't Trickle down to to The Unemployed its a simple concept
  7. See, now, when you type it all out like that, it looks really nice and sounds really logical. The only problem is that - well - it DOESN'T WORK. One need only to look at the economic conditions we are experiencing today to understand that the whole notion is flawed. How many recessions must we suffer before we realize that "trickle down" doesn't? People are all differently abled. Not everyone has the same intellect and aptitude that is necessary to be successful. It is impossible to pull yourself up by your bootstraps when you are born without feet. Requiring big business to pay a little more in taxes isn't "bad tax policy," nor is it "hostile to business." It DOES help to ensure that the people who buy the goods and services that they offer will actually be ABLE to do so.
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