What went wrong?
>>74306338
The concept. Wealthy people are wealthy because they save money.
>>74306338
Conservashits turned from conservatives to corporatists during the Reagan era.
>>74306338
There is no such thing as "trickle down economics."
The concept does not exist beyond that of a leftist boogeyman.
No one has ever suggested it.
Only idiots think it exists.
>>74306555
>save money so they can invest it later thus being able to make even more money.
ftfy
saving money is fucking retarded, you only save enough for future investments.
>>74306739
It exists, but those who support that model do so discreetly so the peasants don't notice
>>74306338
The top picture is the multiplier effect which does work
Think of a new ,and factoring factory in some dead end town, can really inject life into the micro economy.
Trickle down is when you have billionaires given tax breaks because the gov thinks they will spend like crazy in the local area
>there has never ever ever ever ever been a company that expended after making more profit, causing them to hire more people.
The only thing that is true is workers reward increasing but if you dont understand how that was a meme since day one you deserve your shitty job.
>>74307824
A new manufacturing factory*
>>74306338
The concept that the wealthy would share the success with the people who actually put in the work to make it happen
>>74306338
>>74306935
>saving money is fucking retarded, you only save enough for future investments.
Tell that to rich people man.
>>74308320
The metaphor is breaking down.
>>74307884
I just assumed you did not know what factories did, so you just made factory a verb.
>>74309243
Can I get some sauce on that picture
>>74306338
Nothing.
>Companies make profit.
>Companies return profits to shareholders.
>Shareholders re-invest in new/existing companies.
>Those companies employ people.
>People have jobs and a stable income without having to take the risk of starting a business or investing.
It's working exactly the way it is meant to.
It's a system of profit AND LOSS. The loss is just as important as the profit.
The only time that wealth is concentrated upward is when the government steps in to bail out the losses (Auto industry/banks) or provides subsidies that distort the market to produce a bunch of shit there isn't consumer demand for (corn, shitty cars, solar panels).
>https://www.youtube.com/watch?v=1EwaLys3Zak
The only company that is really hoarding cash is Apple. ironically, that's the first company SJW/OWS types will defend.
>>74309988
desu I just saved it from another thread. It is pretty great senpai.
>What went wrong?
Giant crash, fake recovery, mass boondoggling, globalism, and stifling regulations. In other words, baby boomers.
>blame the free market
>for problems found in an unfree market
>>74306739
This. "Trickle down economics" is really just "economics." Wealth does not "trickle," it is simply transferred to others in exchange for services. It's pretty much a fact that the only way to improve the economy is to improve the personal wealth of the rich.
>>74310541
Cucked seems like an inherent term rather than an insult to be hurled against you.
superCuck
>>74310273
I really wanna know the story
>>74306555
>>74306935
>>74306555
Rich people are rich because they spend money.
>>74311585
You mean because all they know how to do is manage wealth on the stock market and never have to lift a finger doing so
>>74306338
Give the rich an inch and they'll take the entire planet. Then burn it.
>>74306739
during the bush years republicans were definitely saying that tax cuts would create jobs. ie, if rich people and corporations have more money, more and better jobs would be available.
but now, rich people and corporations have more more, and there are fewer jobs and the jobs are worse.
right wing economics is totally, 100% factually proven to be wrong.
>>74306555
wealthy people are wealthy because they were born with wealthy parents.
>>74312043
So how do the parents get wealthy?
>>74312043
This. Inb4 someone says some bullshit about millionaires. Millionaires aren't even wealthy anymore because the rich have destroyed the economy globally.
>>74306338
It's not working. Only a tiny amount will trickle down because the whole operation of a company is to maximize profit
>Be young
>work for a major corp posting billions in profit
>cutting wages across all stores by 5%
trickle down
SWPL down economics works though.
>>74312166
by having wealthy parents.
every now and again a new person who wasn't wealthy before becomes wealthy, but that's rare. mostly it's because they were born rich.
>>74306338
Interest and loan capital.
>>74312166
By building it dynastically over many generations.
>>74306338
>What went wrong?
no henry george economics
>>74312166
>So how do the parents get wealthy?
slaves and opium mostly, and monopolies
>>74310150
capitalism only works with high levels of unionization, no globalized trade and no immigration.
>>74306338
>government regulations favoring people paying them off
>voters being a bunch of dumbshits that know nothing but still vote because they've been told it's the right thing to do
>libertarians being a bunch of fuckheads who will just respond to every economics conversation by saying "it's not your money, if you can't afford to eat just die"
>>74306338
People went to business school and were taught that it was wrong to not maximize profit.
The end.
>>74306338
>What went wrong?
The bottle is pouring out fiat wine since 1972? In order to stay afloat, Companies need more and more fake wine.
Pour real wine into that top glass, watch it trickle down.
>>74312754
This honestly.
What's great is that this all started in the economics schools in the 70s and 80s, but have mostly gone from them now. But go to school for more applied fields, like Business Administration or Law, and you'll see a lot of "Legal Economists" who still hold the beliefs.
One thing that bothers me is that /pol/ complains about wealthy evil Jewish billionaires but when someone in a different thread questions why half of the worlds wealth is in the hands of less then 1% of the population, people flock to defend them saying shit like
>your just jealous
Why do you defend the rich? They want nothing but too exploit you and squeeze you of every penny you have. Rich people are the evil Jewish billionaires like Soros that you hate. I understand that you should reap the rewards of your hard work but really. Also I know that /pol/ isn't one person but this is how the vast majority of these kind of threads go.
