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Thursday, December 04, 2008

'Trickle-Down' Economics: Dems Believe In It Too

Despite their public rhetoric blasting conservatives for adhering to so-called 'trickle-down' economics when it comes to tax policy, the Democrats and Liberals are presently proving to the world that they believe in the trickle down theory too.

According to a report at Blogstitution, when liberals support government bailouts for businesses they are proving that they, too, adhere to the trickle down theory.

The theory as understood by liberals is that by stimulating growth in the economy by funneling billions, even trillions, of tax dollars into the top tier--the coffers of large corporations--that money will eventually 'trickle down' to the rest of the economy, improving the lot of middle management, blue-collar workers, and the nation's economy in general.

So, if this theory supposedly works for government bailouts, why not tax policy?

By giving tax breaks to the top 5% of earners in the nation, who already pay the most in taxes anyway, those wage earners then funnel the money into investment, business expansion, and the creation of jobs...which 'trickles down' to the rest of us, obviously.

There is only one plausible explanation for this obvious contradiction among liberals.

When they take our money and spend it as they see fit, then the trickle down theory is great. But if the taxpayers are allowed to keep more of their own money to invest it as they see fit, the trickle down theory is 'oppressive.'

It's all a matter of who gets to spend the money. Democrats want to take it and spend it for us. Conservatives want the people to keep more of their own money and spend it as they see fit.

2 comments:

Joel_ said...

well-said. You obviously have more time to write than I do at present.

Welshman said...

Thanks for your kind words. Writing is my lifeline.